Mean Indicator displays two levels: average price of all bars of the current day and the average price of the previous day.
It has one configurable parameter:
Day hour begin – day start hour
The indicator works on Н1 and lower timeframes.
The color of the middle line for the current day bars changes depending on the day’s bars average price direction. The downward movement of the middle line is colored red, while the upward one is colored green.
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…
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