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[REQ] Commercials Proxy Index by larry williams


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Hi guys,

 

Can someone create this indicator for MT4?

 

Commercials Proxy Index (Formula: MovingAvg (Open - Close, bars used in average) / MovingAvg (Range, bars used in average) * 50 + 50) The index formula...use 8 or 9 for value of the bars used in average

 

Would be much appreciated.

 

Many thanks in advance.

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