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Home MetaTrader 5 Indicator Money Oscillator Pressure Smart MetaTrader 5 Indicator | Smart Money Pressure Oscillator

MetaTrader 5 Indicator | Smart Money Pressure Oscillator

29.7.25 0

The oscillator displays the "money flow pressure" chart.

It has one input parameter:

  • Period - calculation period

Calculation:

Smart Money Pressure = Close[Period] - SM

where:

SM = SM[i+1] + Change

where:

If Volume > VolMA  
Change = Close[i] - Close[i+1]  
Otherwise  
Change = 0  
Volume = current volume  
VolMA = SMA(Volume, Period)

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