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

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
Attachment download
📎 pci.mq5 (13.91 KB)
Source: MQL5 #20974
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