Name: Channel_Balance – indicator MetaTrader 5
SKU: 8309
Price: 4.89 USD
Availability: InStock
Rating: 4.5 (85 reviews)

Channel Balance oscillator displays the difference between the median price ((High+Low)/2) and the price channel for a selected period.

It has one configurable parameter:

Calculation:

CB = 100 * SMA(T, Period)

where:

T = (Median price - Min) / Range
Range = Max - Min
Max, Min are the highest and lowest prices within the Period interval

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