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.