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!

Note di rilascio:

Minor update at conditions.

Note di rilascio:

Minor update.