MBFX Timing indicator

v10.3
MBFX Timing indicator

The MBFX Timing indicator is one of the indicator of the well known “MOSTAFA BELKHAYATE” system.
In fact this oscillator could be compared to a classic stochastic. It displays in percentage the current movement of the price around a mean calculated by the a dynamic scale.
It is commonly use to take trade decisions with the “center of gravity” (also named COG) to detect the potential reversion to the mean of the price.
This version is translated from a Pinescript code by a request on the french forum.

 

 

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  1. gabri • 04/25/2017 #

    Excellent job like always!! are you working also on the Barycenter indicator?

    • Nicolas • 04/25/2017 #

      No but I think you can find a lot of different version of the “center of gravity – COG” indicator in the forums.

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