Smart_Money_Pressure_Oscillator – indicator MetaTrader 5

Smart_Money_Pressure_Oscillator - indicator for MetaTrader 5
The oscillator displays the “money flow pressure” chart. It has one input parameter: Period – calculation period Calculation: Smart Money Pressure = Close[Period] – SM where: SM = SM[i+1] + Change where: If Volume > VolMA Change = Close[i] – Close[i+1] Otherwise Change = 0 Volume = current volume VolMA = SMA(Volume, Period) Smart_Money_Pressure_Oscillator – … Read more