Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=63611
Forum: 17 · Topic 63611 · 2 post(s)
Apprentice · Mon Jun 20, 2016 8:48 am

Based on request. viewtopic.php?f=27&t=63610&p=106835#p106835
Formula: %RR= ( (%R Williams) + ( Rendiment) ) / 2
1) %R williams is the indicator of Larry Williams %R = (Highest High - Close)/(Highest High - Lowest Low) * -100
2) Rendiment= X * natural logarithm (Close1/Close2)
close1= close of previous candelstick close2= close of candelstick N periods ago
Normalization will shift, normalize Quantitative Return Oscillator to Williams% R indicator range.
Apprentice · Sat Jun 30, 2018 3:55 am
The indicator was revised and updated.