OBOS indicator

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OBOS indicator

Postby Alexander.Gettinger » Thu Sep 06, 2012 3:06 pm

Original indicator: viewtopic.php?f=17&t=3664

Formulas:
Up=EMA(EMA((WP-EMA(WP))/StdDev(WP))),
Dn=EMA(Up), where
EMA - exponential moving average with period [Length],
StdDev - standard deviation with period [Length],
WP - weighted price ((high+low+close+close)/4).

OBOS_MQL.PNG


Download:
OBOS.mq4
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Alexander.Gettinger
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