Speed Oscillator - indicateur pour MetaTrader 5

Description

Measures current bar's Moving Average Speed, in relation to the average of # (averaging period) past bars.

This oscillator can be visually described with Speed Indicator.

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Calculations

CurrentBar's speed / Mean speed of past # bars

 AvgPosBuffer[i] = pos_sum/InpSPeriod; AvgNegBuffer[i] = neg_sum/InpSPeriod; if(ExtMABuffer[i] - ExtMABuffer[i-1]>0) { SO[i] = (ExtMABuffer[i]-ExtMABuffer[i-1]) / AvgPosBuffer[i]; } else if(ExtMABuffer[i] - ExtMABuffer[i-1]<0) { SO[i] = -((ExtMABuffer[i]-ExtMABuffer[i-1]) / AvgNegBuffer[i]); } else { SO[i] = 0; } 

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Example

Moving Average (9)

Averaging Period (120)