Track_Cyclical – indicator MetaTrader 5

Track Cyclical oscillator displays percentage price change relative to its moving average.

The indicator has nine adjustable parameters:

  • Period – calculation period
  • Method – calculation method
  • Applied price
  • Exceptional overbought – overbought area in the area of exceptional fluctuations
  • Abnormal overbought – overbought area in the area of abnormal fluctuations
  • Normal overbought – overbought area in the area of normal fluctuations
  • Normal oversold – oversold area in the area of normal fluctuations
  • Abnormal oversold – oversold area in the area of abnormal fluctuations
  • Exceptional oversold – oversold area in the area of exceptional fluctuations

Calculation:

TC = 100.0 * (Applied price-MA) / MA

where:

MA – SMA(Applied price,Period,Method)


https://www.mql5.com/ru/code/22436

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