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Trend force oscillator

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Trend force oscillator

Postby Alexander.Gettinger » Tue Nov 26, 2013 3:53 pm

Formulas:
Trend Force[i] = Up[i]-Dn[i], where
Up[i] = maximum (MaxPrice-ATR_Coeff*ATR) at range from (i-Period+1) to i,
Dn[i] = minimum (MinPrice+ATR_Coeff*ATR) at range from (i-Period+1) to i,
MaxPrice, MinPrice - maximum and minimum prices at range from (i-ATR_Period+1) to i,
ATR - Average True Range with ATR_Period.

Trend_Force.PNG


Download:
Trend_Force.lua
(2.74 KiB) Downloaded 121 times
Alexander.Gettinger
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Re: Trend force oscillator

Postby Alexander.Gettinger » Tue Nov 26, 2013 3:55 pm

MQL4 version of Trend force oscillator: viewtopic.php?f=38&t=59986.
Alexander.Gettinger
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Re: Trend force oscillator

Postby Apprentice » Sat Jun 17, 2017 4:35 am

The indicator was revised and updated.
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Apprentice
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