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Messung candlestick Indikator forexfactory
open price) may vary. Translated from Russian by Met"s Software Corp. If you want to download please: Candlestick Chart Pattern Recognition. If r, s or u are equal to 1, the smoothing is not used; Min. The smoothed q-period Candlestick Momentum is calculated as follows: CMtm(price1,price2,q,r,s,u) EMA(EMA(EMA( cmtm(price1,price2,q),r s u) where: q - number of bars, used in calculation of q-period Candlestick Momentum; price1 - close wie zu Lesen forex Wirtschaftskalender price; price2 - open price q bars ago; - q-period Candlestcik Momentum; EMA(cmtm(price1,price2,q r).
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Calculation: The formula for calculation of Candlestick Momentum looks as follows: cmtm(price1,price2,q) price1 - price2q-1 where: q - number of bars, used in calculation of Candlestick Momentum; price1 - close price; price2q1 - open price q bars ago. Candlestick momentum can be plus or minus in the sense that an up momentum is positive when the close is greater than the open; the reverse is true when the open is greater than the close giving a negative value to the downward momentum. Here is a view of Candlestick Chart Pattern Chart Indicator on Metatrader 4 In Pairs EUR / USD: Looks clearly in the image above that the indicator notify the trader about the pattern that is being formed and is also equipped with a warning for. On this occasion I will review an indicator that is very important when you want to find signs of price reversal or continuation of the price in forex market. Ex4 l, ultimate Candlestick Reversal Pattern. Can be seen in the image above formed several patterns such as Bullish Engulfing and Bearish Engulfing pattern. Note: q 0; r 0, s 0,.
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