Description:
Here, we dive into two versions of the Perceptron Oscillator indicator designed for MetaTrader 4. These tools can help you analyze price movements and enhance your trading strategy.
Version 1: PerceptronOscill_v1.mq4
This version calculates using the following algorithm:
double a1 = Close[i] - Close[i+n];
It returns the result based on the weights:
return (w1 * a1 + w2 * a2 + an * wn...);
Version 2: PerceptronOscill_v2.mq4
In this version, the calculation is done using:
Close[i+n] - Close[i+n+1]
Image of the Indicator:
PerceptronOscill_v1.1.mq4 is an updated version that removes the restriction on the maximum number of periods and fine-tunes the value calculations.
For visual learners, check out this animated gif illustrating the oscillator in action.
With these tools at your disposal, you can better navigate the trading waters and make more informed decisions. Happy trading!
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