POB – indicator MetaTrader 5
The Point of Balance indicator. It is calculated by the following formula: BL =(MinH+MaxH)/2, BR =(MinL+MaxL)/2, POB =(BL+BR)/2, where MinH, MaxH – is the maximum and minimum of HIGH prices over the period; MinL, MaxL – is the maximum and minimum of LOW prices over the period. The indicator has one input parameter: Period – … Read more