Oscillator MIT (Momentum In Time) is a normal momentum with anchoring the calculations to the calculation start time.
It has two input parameters:
- Hour begin - calculation start hour;
- Minutes begin - calculation start minutes.
MIT = Price[i] - Price[Time]
- i - current bar;
- Time - calculation start time (Hour begin:Minutes begin).
Fig.1 Calculation start time 00:00
Fig.2 Calculation start time 12:00