fxcodebase-backup
Absolute Strength Histogram (ASH)
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61541
Forum: 38 · Topic 61541 · 1 post(s)
Absolute Strength Histogram (ASH)
Alexander.Gettinger · Tue Nov 25, 2014 11:40 am
Original LUA oscillator: viewtopic.php?f=17&t=3836.
Formulas: BullsStrength = MA(AvgBulls) with [Smooth_Length] number of periods and [Method] type, BearsStrength = MA(AvgBears) with [Smooth_Length] number of periods and [Method] type, where AvgBulls = MA(Bulls) with [Length] number of periods and [Method] type, AvgBears = MA(Bears) with [Length] number of periods and [Method] type, Bulls = Price - Min, Bears = Max - Price, Min, Max - minimum and maximum prices at range from (i-Length+1) to (i).
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