iAnchMom – indicator MetaTrader 5

A non-normalized oscillator implemented in the form of a color histogram.

The formula for the calculation:

iAnchMom = 100 * ( ( SMA (SMAPeriod, bar ) / SMA ( SMAPeriod, bar ) ) – 1.0 )

Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 02.11.2007.

Figure 1. The iAnchMom indicator

Figure 1. The iAnchMom indicator


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