Wavetrend Oscillator
Posted: Mon Feb 23, 2015 11:23 amOriginal LUA oscillator: viewtopic.php?f=17&t=61668.
Formulas:
wt1 = EMA(Raw2) with [Average_Length] number of periods,
wt2 = MVA(wt1) with [Signal_Length] number of periods,
wt3 = wt1-wt2, where
Raw2 = (TP-EMA1)/(0.015*EMA2),
TP - typical price,
EMA1 = EMA(Typical price) with [Channel_Length] number of periods,
EMA2 = EMA(Raw1) with [Channel_Length] number of periods,
Raw1 = Abs(TP-EMA1),
Abs - absolute value.
Download:
Formulas:
wt1 = EMA(Raw2) with [Average_Length] number of periods,
wt2 = MVA(wt1) with [Signal_Length] number of periods,
wt3 = wt1-wt2, where
Raw2 = (TP-EMA1)/(0.015*EMA2),
TP - typical price,
EMA1 = EMA(Typical price) with [Channel_Length] number of periods,
EMA2 = EMA(Raw1) with [Channel_Length] number of periods,
Raw1 = Abs(TP-EMA1),
Abs - absolute value.
Download:
Wavetrend_Oscillator.mq4- (2.36 KiB) Downloaded 2004 times