Hurst oscillator. Two indicators: Hurst oscillator and Hurst bands are described in Jim Hurst’s “The Magic of Stock Transaction Timing” book

The indicator has two input parameters:

Calculation:

HO = MA - CMA[Period/2-1]

where:

CMA = SMA(PRICE_MEDIAN, Period)
MA  = SMA(FlowValue, Smoothing)

Fig. 1. Hurst oscillator

Fig. 2. Hurst oscillator and Hurst bands

Similar MetaTrader Trading Tools:

MetaCOT 2 CFTC ToolBox (Set of… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
Tymen_STARC_Bands_MTF -… Multi timeframe Tymen STARC Bands is a multi-timeframe version of the Tymen STARC Bands indicator. Shows three Tymen STARC Bands…
Optimize cross Moving average -… Updated Version. See description below.Still believing in Cross Moving Average and -- as a programmer -- always seeking the simplest…
Hurst_Bands - indicator MetaTrader 5 James (Jim) M. Hurst bands form % of bands around the median calculated using the Hurst equation. External bands (called…
Multi-currency night scalper -… The Night Scalper Multi multi-currency night scalper trades until 0 am terminal time within a narrow range (r), determined using…
Simple Single Layer Perceptron… 1. About Perceptrons About Perceptron: Dr. Mark Humphrys Single-layer Neural Networks (Perceptrons) I referred to "Artificial Intelligence" as the logic…
Multi_ATR_Bands - indicator MetaTrader 5 'Three ATR Bands with multiple selection' indicator is a set of three ATR Bands indicators each having adjustable parameters. It…
Hurst Exponent - indicator MetaTrader 5 The Hurst Exponent is used as a measure of long-term memory of time series. It relates to the autocorrelations of…