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Range Strong Weak
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=60705
Forum: 17 · Topic 60705 · 17 post(s)
Range Strong Weak
Apprentice · Sun May 18, 2014 12:45 pm
Posted by request. viewtopic.php?f=27&t=60699
Calculation of strength Strength for Last N Periods.
USD-X SW (N) (USD) = (Close - PMin)/(MaxPMin) (values ranges from 0 to 1) X-USD: SW (N) (USD) = (Max - Close)/(Max-Min) (values ranges from 0 to 1)
SW(USD) = ( SW(1) (USD) + SW(2) (USD) + … + SW (N) (USD) ) / N * 100
Range Strong Weak Indicator.lua
Range Strong Weak Oscillator.lua
Re: Range Strong Weak
pakoromeu · Tue Jun 03, 2014 2:11 am
Hi, I need to know if it is possible to fix a bug in this indicator. When I try to compress the chart, shows an error like in the picture. attached two images, one, the indicator without error and another error is shown to compress the chart. is a great indicator, I hope you can help me. Tkns
Re: Range Strong Weak
Apprentice · Wed Jun 04, 2014 2:21 am
Fixed.
Re: Range Strong Weak
Apprentice · Sun Jun 08, 2014 4:59 am
As requested. viewtopic.php?f=27&t=60793&p=94398#p94398 Range Strong Weak Indicator & Range Strong Weak Oscillator are introduced.
Re: Range Strong Weak
pakoromeu · Mon Jun 09, 2014 4:27 am
Apprentice wrote: Fixed.
like always, you’re the best. Thanks
Re: Range Strong Weak
NicolaeZ · Mon Jun 09, 2014 6:20 pm
Apprentice wrote: As requested. viewtopic.php?f=27&t=60793&p=94398#p94398 Range Strong Weak Indicator & Range Strong Weak Oscillator are introduced.
Thank you Apprentice, very good job!
Re: Range Strong Weak
Stance · Fri Nov 13, 2015 3:09 pm
I’m getting the following error message when trying to apply the indicator to EURUSD, I have all 28 symbols enabled:
/FXTS2/indicators/Custom/Range Strong Weak Indicator.lua:131: Incorrect instrument name
Re: Range Strong Weak
Apprentice · Mon Nov 16, 2015 4:46 am
I was not able to reproduce this. Indicator is adjusted by the number of available pairs. All currency pairs are optional.
Re: Range Strong Weak
Stance · Mon Nov 16, 2015 2:18 pm
Here is a pic, I just add it just like any other indicator.
[https://photos-3.dropbox.com/t/2/AADJV4f3e8Kn6JFgH_2B3AmCp9EFzL_aL38hAVGXh18tMg/12/68353796/png/32x32/1//1/2/sw.png/EPj2kDUYwakGIAcoBw/e0eFI9BsVhcCKlFbTXHjK1AagxT2x7FZCEMd2KHT2eU?size=1280x960&size_mode=2](https://photos-3.dropbox.com/t/2/AADJV4f3e8Kn6JFgH_2B3AmCp9EFzL_aL38hAVGXh18tMg/12/68353796/png/32x32/1//1/2/sw.png/EPj2kDUYwakGIAcoBw/e0eFI9BsVhcCKlFbTXHjK1AagxT2x7FZCEMd2KHT2eU?size=1280x960&size_mode=2)
Re: Range Strong Weak
Stance · Mon Nov 16, 2015 2:35 pm
I can add “Range Strong Weak.lua”, but not “Range Strong Weak Indicator.lua” or “Range Strong Weak Oscillator.lua”.
It is giving me:
“/Range Strong Weak Indicator.lua:131: Incorrect instrument name”
and
“/Range Strong Weak Oscillator.lua:143: Incorrect instrument name”
Re: Range Strong Weak
Apprentice · Tue Nov 17, 2015 3:50 am
Try to re-download. I did not manage to get above picture.
Re: Range Strong Weak
Stance · Tue Nov 17, 2015 5:29 am
Just tried, the same problem
“/Range Strong Weak Indicator.lua:143: Incorrect instrument name”
Is it because I have an Australian account?
Re: Range Strong Weak
Stance · Tue Nov 17, 2015 5:36 am
For some reason this version works.
http://fxcodebase.com/code/download/file.php?id=11931
Re: Range Strong Weak
Stance · Tue Nov 17, 2015 7:47 am
Hi,
I’ve tried using the indicator in a strategy with the following lines of code and it runs, but it doesn’t seem to do anything as the backtesting results are the same regardless of whatever I change the period and difference to. Am I missing something or is it this indicator won’t work in backtesting?
Code: Select all
strategy.parameters:addInteger("SWPeriod", "Strong Weak Period", " " , 200);
strategy.parameters:addDouble("Difference", "Strong Weak Difference", " " , 30);
.
.
local SWPeriod;
local Difference;
local SW;
.
.
SWPeriod = instance.parameters.SWPeriod;
Difference = instance.parameters.Difference;
.
.
SW = core.indicators:create("RANGE STRONG WEAK INDICATOR", Source, SWPeriod, Difference, core.rgb(0, 255, 0), core.rgb(255, 0, 0), core.rgb(128, 128, 128));
.
.
first=math.max(SW.DATA:first());
.
.
SW:update(core.UpdateLast);
.
.
if SW.DATA:colorI(period) == core.rgb(0, 255, 0) then
BUY()
elseif SW.DATA:colorI(period) == core.rgb( 255,0, 0)
then
SELL()
end
Re: Range Strong Weak
mulligan · Thu Dec 31, 2015 8:05 am
Range Strong Weak Indicator - With the new TS2 Marketscope I get the error message 143: incorrect instrument name. Working fine on old version.
Thanks for your help
Re: Range Strong Weak
Apprentice · Mon Jan 04, 2016 4:54 am
Have received several similar reports, will investigate.
Re: Range Strong Weak
Apprentice · Sun Oct 21, 2018 5:40 am
The indicator was revised and updated.