FXCodeBase.COM: Forex Chart Indicators and Development

Hi there dear friend Apprentice. Here is the formula for Linda Rashcke 3-10 Momentum Oscillator.

threeMA = MA(C, 3);
tenMA = MA(C, 10);
threeTen = threeMA - tenMA;
trendLine = MA(threeTen, 10);

Plot(threeTen, "3-10 Line", colorGreen, styleLine, Null, Null, 0, 0, 2);
Plot(threeTen, "3-10 Line", colorGreen, styleHistogram + styleNoLabel, Null, Null, 0, 0, 2);
Plot(trendLine, "Trend Line", colorBlue, styleLine, Null, Null, 0, 0, 2);
Plot(0, "0 Line", colorGrey40, styleDashed + styleNoLabel, Null, Null, 0, 0, 2);



My idea is to replace the MAs for VWMAs. I think the signals and readings will be more reliable if we use volume weighted moving averages.

You could compile both versions for MT4 and compare the results.

Cheers!

Try this version. (TS2/Lua)
viewtopic.php?f=17&t=67245

Apprentice wrote:Try this version. (TS2/Lua)
viewtopic.php?f=17&t=67245

Hello dear friend! I am a MT4 user so, all my requests are for MT4.

Did you use the VWMA instead of the MA?

MT4/MQ4 version.
viewtopic.php?f=38&t=67247

VWMA can be selected from the menu.