iTrend

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iTrend

Postby Apprentice » Mon Apr 30, 2018 4:59 pm

iTrend.png

LUA Original: viewtopic.php?f=17&t=3880

Description:

This is the MT4 version of the LUA Origianl iTrend indicator.

The indicator has two components.
Sum of Bull and Bear Power.
Power[period] = -((High[period] - MA[period])+ (Low[period] - MA[period]));

Difference between price and selected component of Bollinger Bend.
Bollinger[period]= Price[period] - BANDS[Bollinger_Mode][period];

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Apprentice
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