T3_iAnchMom - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
A non-standardized oscillator implemented as colored dots.
Calculation formula:
T3_iAnchMom = 100 * ( ( T3 (FastPeriod, bar ) / T3 ( SlowPeriod, bar ) ) - 1.0 )
where T3 is the Tilson mean.
The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.
The indicator was originally written in MQL4 and first published in the code base on October 30, 2007.
Figure 1. Indicator T3_iAnchMom
Attachment download
📎 smoothalgorithms.mqh (134.03 KB)
📎 t3_ianchmom.mq5 (5.67 KB)
Source: MQL5 #2076
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