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MTF Donchian Oscillator

PostPosted: Tue Dec 06, 2016 4:04 am
by Apprentice
Donchian_Oscillator.png


Donchian_Oscillator_Heat_Map.mq4
(12.2 KiB) Downloaded 728 times

LUA Original: viewtopic.php?f=17&t=2570

Description:

Included are both the Donchian Oscillator for the current chart and also the multi time frame representation of the same concept that goes like this:

If Close>max of previous [Period] Bars Oscillator=1
If Close<min of previous [Period] Bars Oscillator=-1
Donchian_Oscillator.mq4
(2.18 KiB) Downloaded 728 times

Donchian_Oscillator_Heat_Map.mq4
(12.2 KiB) Downloaded 684 times