Zero point force - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources - MetaTrader 5 resources
Real author:
Zero point force indicator drawn based on two moving averages. The zero point concept of this indicator comes from physics! Shows the force at zero point!
Indicator calculation formula:
ZPF[bar] = MA (Period, Volume[Bar]) * (MA (Period, Price[Bar]) - MA (2*Period, Price[Bar])) / 2
The indicator was first implemented in MQL4 and published in the code base on March 10, 2010.
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.
Figure 1 Zero point force indicator
Attachment download
📎 smoothalgorithms.mqh (133.8 KB)
📎 zpf.mq5 (8.6 KB)
Source: MQL5 #1202
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