jmwaraujo Posted June 13, 2010 Report Posted June 13, 2010 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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