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The Range Indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=60566
Forum: 17 · Topic 60566 · 2 post(s)


The Range Indicator

Apprentice · Tue Apr 22, 2014 1:38 pm

Range Indicator.png

The Range Indicator, developed by Jack Weinberg, is based on his observation that changes in the average period’s intraperiod range (high to low) as compared to the averateg period’s interperiod range (close to close) precede the start of a new trend or the end of a current trend.

For additional info on the range indicator, refer to the june 1995 isuse of the technical analysis of stocks and commodities.

Range Indicator.lua

The indicator was revised and updated


Re: The Range Indicator

Apprentice · Sun Jun 18, 2017 12:39 pm

The indicator was revised and updated.