Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=2107
Forum: 17 · Topic 2107 · 13 post(s)
Nikolay.Gekht · Thu Sep 09, 2010 12:24 pm
The Ron Black’s “Getting Clear With Short-Term Swings” described in Sep 2010 issue of Stock & Commodities (Pg. 18-21).
The main idea of the method is analysis of the past price distribution over the price range. If newer distribution doesn’t not overlap, it can signal that the market changes.
The indicator shows up and down swings of the market. The switch from up swing to down swing appears when the high price breaks trough the current highest low price reached during up swing. And vise versa, the switch from down swing to up swing appears when the low price breaks trough the lowest high price reached during down swing.
For more details, please, read the whole Ron Black’s article.

Downloads: Indicator:
Oscillator:
Signal:
Please note that the indicator is must be downloaded and installed if oscillator or signal is used.
Update, Aug 09, 2011 (by sunshine): The ‘rb_clear.lua’ indicator has been updated. Reason: the signal based on this indicator generated duplicate alerts.
AAcoolguy · Fri Sep 17, 2010 3:05 pm
Thanks, I was hoping someone would code this. I read the article and thought it was a great idea.
rretch · Mon Aug 01, 2011 8:05 am
Thanks for introducing me to this method. As well as the indicator that makes it a lot easier than counting all the bars manually.
I was also wondering if anyone, who has the article, would mind scanning it for me? It doesn’t have to be the whole article or anything. I just need the basic rules.
The reason I’m asking is that Ninja Traders indicator -modeled from Black’s article- don’t always have the same plots….I would guess both software packages should have the same plotting since they were taken from the same article.
Also, for some reason, this indicator doesn’t always paint the bars for me. When i ‘refresh’ (from Trading Station 2.0) to get the correct candles marked and painted correctly.
thanks, robert .
nikpapado · Sun Nov 27, 2011 2:45 am
I Tried to load rb_clear_signal.lua
A new window appeared Confirmation……..result ….error I have got the rest Rb…. succesfully Pls Your help about
jackfx09 · Mon Nov 28, 2011 6:50 am
Nikolay,
this is a great indicator! It is very accurate on any time frame, effective and yet very simple visually. Could you please add Trading Parameters for this system. Thanks again for all your efforts.
sjc
Apprentice · Mon Nov 28, 2011 6:29 pm
Your request is added to the developmental cue.
nikpapado · Tue Nov 29, 2011 4:16 am
Pls your help In the “”downloads “” directory of my computer I have already
jackfx09 · Tue Nov 29, 2011 9:43 am
Much Thanks!
Coondawg71 · Mon Sep 10, 2012 5:28 am
Can we please request a strategy for RB Clear Oscillator Signal. Please construct the strategy to operate the same as the newly created Elliot Wave Signal Strategy in this case the CROSSING of the “0.50” value on the RB Oscillator.
Thanks,
sjc
Apprentice · Tue Sep 11, 2012 4:02 am
Your request is added to the development list.
jamrocktrader · Sun Oct 18, 2015 11:44 pm
Hi Apprentice,
Could you please adjust the signal algorithm so that the alert is given live instead of end of turn.
Thank You
Apprentice · Mon Oct 19, 2015 2:59 am
You can find an adequate strategy here. viewtopic.php?f=31&t=62793
Apprentice · Fri Oct 12, 2018 5:24 am
The indicator was revised and updated.