Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.
Shows the relative change of the current price from the price N/M bars ago.
96/288 bars are used by default. For the 5-minute timeframe: 96 bars - the last 8 hours, 288 bars - the last day.
- You can use the deviation from the zero line in the positive or negative area.
- You can use the divergence of price extrema and extrema of the indicator lines.

Reduce lag and improve accuracy with the NonLagMA Expert Advisor for MT4/MT5. Discover it.
Thanks for reading. Discover premium MetaTrader solutions at RobotFX.
1994