MTF Donchian Oscillator
Posted: Tue Dec 06, 2016 4:04 am
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