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Dominant color oscillator

PostPosted: Mon Nov 25, 2013 4:59 pm
by Alexander.Gettinger
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
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For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430).

Re: Dominant color oscillator

PostPosted: Mon Nov 25, 2013 5:00 pm
by Alexander.Gettinger
MQL4 version of oscillator: viewtopic.php?f=38&t=59973.

Re: Dominant color oscillator

PostPosted: Thu Sep 13, 2018 3:23 am
by Apprentice
The indicator was revised and updated.