New free code from MQL5: indicators, EAs, and scripts for traders.
Real author:
from MetaStock by Rosh
Three normalized oscillators on one chart.
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The formula for the calculation:
StoneAxe(bar) = 200 * ( Close[bar] - Lowest(bar, period) ) / ( Highest(bar, period) - Lowest(bar, period) ) - 100
This indicator was first implemented in MQL4 and published in the Code Base at mql4.com on 02.02.2008.
The StoneAxe_x3x indicator
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