POB - indicateur pour MetaTrader 5

The Point of Balance indicator.

It is calculated by the following formula:

BL =(MinH+MaxH)/2, BR =(MinL+MaxL)/2, POB =(BL+BR)/2, 

where

• MinH, MaxH - is the maximum and minimum of HIGH prices over the period;
• MinL, MaxL - is the maximum and minimum of LOW prices over the period.

The indicator has one input parameter:

• Period - indicator calculation period.