AggM – indicator MetaTrader 4
Description: AggM is a composite trend and mean-reversion indicator. The calculation: rank_long = PercentRank(10 period HLC, Close) rank_short = 1 – PercentRank(200 period HLC, Close) value = (rank_long + rank_short) / 2 AggM = (value[1] * 0.4)+(value[0] * 0.6) Strategy: Long above 0.7, Short below 0.2 AggM – indicator MetaTrader 4