Dominant color oscillator

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Dominant color oscillator

Postby Alexander.Gettinger » Mon Nov 25, 2013 4:59 pm

The indicator helps to determine the dominant direction of closure of bars.

Formulas:
DC = MA(Diff), where
Diff = Close-Open.

Dominant_Color.PNG


Download:
Dominant_Color.lua
(3.3 KiB) Downloaded 140 times


For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430).
Alexander.Gettinger
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Re: Dominant color oscillator

Postby Alexander.Gettinger » Mon Nov 25, 2013 5:00 pm

MQL4 version of oscillator: viewtopic.php?f=38&t=59973.
Alexander.Gettinger
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Re: Dominant color oscillator

Postby Apprentice » Thu Sep 13, 2018 3:23 am

The indicator was revised and updated.
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