Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

PCI - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 5 reads | 0 comments |

PCI - indicator for MetaTrader 5

Oscillator Phase Change Index is a market phase change index that helps identify the current phase (phase) of the market.

It has four configurable parameters:

PCI = 100 * upper/(upper + lower)

if Price[i-Period] > Gradient Up = Sum(Abs(Price[i-Period] - Gradient))

If Price[i-Period] < Gradient Dn = Sum(Abs(Price[i-Period] - Gradient))

Gradient[i] = Price[i-Period] + Momentum[i] * i Momentum[i] = (price[i]-price[i-period+1]) / period price--applicable price

PCI - indicator for MetaTrader 5


Attachment download

📎 pci.mq5 (13.91 KB)

Source: MQL5 #20974

Verification code Refresh