TradeBreakOut oscillator

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TradeBreakOut oscillator

Postby Alexander.Gettinger » Wed Apr 03, 2013 3:34 pm

This indicator is a ported MQL5 indicators from http://www.mql5.com/en/code/1600

Formulas:
Upper[i] = ((Low[i] or Close[i]) - L)/L,
Lower[i] = ((High[i] or Close[i]) - H)/H, where
H, L - maximum and minimum values of price at range from (i-Period+1) to i.

TradeBreakout.PNG


Download:
Trade_Break_Out.lua
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Re: TradeBreakOut oscillator

Postby Alexander.Gettinger » Wed Apr 10, 2013 4:19 pm

MQL4 version of this oscillator: viewtopic.php?f=38&t=34366
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Re: TradeBreakOut oscillator

Postby Cactus » Thu Jul 28, 2016 7:11 pm

Can you make these bands fit around price somehow?
Never chase the money, let the money come to me
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Re: TradeBreakOut oscillator

Postby Apprentice » Fri Jul 29, 2016 7:31 am

I'm not sure how to create formula for this task.
Ideas?
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Re: TradeBreakOut oscillator

Postby Apprentice » Mon Sep 24, 2018 10:15 am

The indicator was revised and updated.
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