The Midpoint Oscillator was created by Tushar Chande Ph.D. (Stocks & Commodities V. 9:11 (431-434)) and it does a great job of tracking extreme changes in the price. Buy when the line is green and sell when it turns red.
Let me know if you would like me to write more scripts!
Great work. Can you do code to locate the midpoint of an ATR (using the low point and the high point of the ATR for a year before the date being considered), so I can see if a symbol is below or above the midpoint of that "yearly" ATR, still using a 14-bar period to determine the ATR?
Do you have (or know) some indicator pointin the high/low/midpoint of the day and/or the high/low of the firts hour of the session?
I trade MES and it would very useful to me. If you coul only point out where I could find, I´d be very grateful.
Best wishes
sal157011
⋅
Let me know if you would like me to write more scripts!
Since you asked here it goes: S&C JUNE 1996, Volume 14 Number 6, OBV Disparity Indicator.
cheatcountry
⋅
@sal157011, Thank you for the request! I'm making the obv disparity indicator my next script so make sure to follow me and get the update when I'm finished!
bal89
⋅
@sal157011, Great work. Can you do code to locate the midpoint of an ATR (using the low point and the high point of the ATR for a year before the date being considered), so I can see if a symbol is below or above the midpoint of that "yearly" ATR, still using a 14-bar period to determine the ATR?