Name: UpDownBars
Download: UpDownBars.mq4 (2.5 Kb)
Description:
The indicator counts the Up bars (Close-Open) and Down bars (Open-Close).
Oscillator indicator, my opinion - use it for filtering of entry, when UpDownBars is above 0 go only short and when UpDownBars is below 0 go only long.
Source: Codebase.mql4.com
Download: UpDownBars.mq4 (2.5 Kb)
Description:
The indicator counts the Up bars (Close-Open) and Down bars (Open-Close).
Oscillator indicator, my opinion - use it for filtering of entry, when UpDownBars is above 0 go only short and when UpDownBars is below 0 go only long.
Source: Codebase.mql4.com
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