Advancing Declining Oscillator

Yet another Array indicator, simple, but efficient which i call ADO. The indicator acts as a COUNTER of when CLOSE closes above OPEN and vice versa based on specified look back period in settings.
If we have more Closes above Opens, obviously the indicator will be above ZERO and GREEN, otherwise RED.
Optional to smooth it by EMA (true by default).

Like if you Like and Enjoy!

Phát hành các Ghi chú:

Minor update at conditions.

Phát hành các Ghi chú:

Minor update.