DiffMA_Histogram - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator shows the difference between the two Difference MA lines, two moving averages calculated within the range of a one-way candlestick.
It is not necessary to provide the differential MA for calculation - the indicator calculates it itself.
It has two configurable parameters:
DMA = (up - down)
UP = Sum/Count
DN = SumDn / CountDn
SumUp = sum of SMAs of all bullish candlesticks during the period (applied price, 1)
SumDn = sum of SMAs of all bearish candlesticks during the period (applied price, 1)
CountUp - number of bullish candlesticks during the period
CountDn - number of bearish candlesticks during the period
Attachment download
📎 diffma_histogram.mq5 (9.21 KB)
Source: MQL5 #21317
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