MIT – indicator MetaTrader 5

Oscillator MIT (Momentum In Time) is a normal momentum with anchoring the calculations to the calculation start time.

It has two input parameters:

  • Hour begin – calculation start hour;
  • Minutes begin – calculation start minutes.

Calculations:

MIT = Price[i] - Price[Time]

where:

  • i – current bar;
  • Time – calculation start time (Hour begin:Minutes begin).

Fig.1 Calculation start time 00:00

Fig.1 Calculation start time 00:00

Fig.2 Calculation start time 12:00

Fig.2 Calculation start time 12:00


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