Oscillator of Momentum

Logical rules for Opening Logic Condition slot.

• Oscillator rises;
• Oscillator falls;
• Oscillator is higher than the zero line;
• Oscillator is lower than the zero line;
• Oscillator crosses the zero line upward;
• Oscillator crosses the zero line downward;
• Oscillator changes its direction upward;
• Oscillator changes its direction downward;

Logical rules for Closing Logic Condition slot.

• Oscillator rises;
• Oscillator falls;
• Oscillator is higher than the zero line;
• Oscillator is lower than the zero line;
• Oscillator crosses the zero line upward;
• Oscillator crosses the zero line downward;
• Oscillator changes its direction upward;
• Oscillator changes its direction downward;

List box parameters

• Smoothing method (Simple). The Moving Average method used for smoothing the Momentum value. Options: Simple, Weighted, Exponential, Smoothed.
• Base price (Close). The price the Momentum is based on. Options: Open, High, Low, Close, Median, Typical, Weighted.

Numeric box parameters

• Momentum1 period (10). The period of first Momentum. Minimum: 1, Maximum: 200.
• Momentum2 period (14). The period of second Momentum. Minimum: 1, Maximum: 200.

C# source code: Oscillator of Momentum.

MQL source code: Oscillator of Momentum.