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

The oscillator shows the ratio between bullish and bearish candlesticks for the selected period.

It has two parameters:

Indicator calculation:

 Increase (green) = ((highest price - opening price) + (closing price - lowest price))/2, the average value of the selected period;
 Decline (red) = ((opening price - lowest price) + (highest price - closing price))/2, the average of the selected period.
 Attachment download
 📎 drive.mq5 (13.34 KB)
 Source: MQL5 #20333
Driver - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
 Driver - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 resources are resources related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
 Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.