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Breakout Relative Strength Index
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=62616
Forum: 38 · Topic 62616 · 3 post(s)
Breakout Relative Strength Index
Alexander.Gettinger · Mon Aug 31, 2015 11:50 am
Based on Article, The Breakout Relative Strength Index by Howard Wang September 2015 issue of Technical Analysis of Stocks & Commodities
Formula: BRSI = 100-100/(1+Pavg/Navg), where Pavg - average [p] at range from (i-Length+1) to (i), Navg - average [n] at range from (i-Length+1) to (i), p = Abs(BPower), if BPower[i]>BPower[i-1], else p = 0, n = Abs(BPower), if BPower[i]<BPower[i-1], else n = 0, BPower = BPriceBStrengthBVolume, BPrice[i] = (Open[i-1]+Max+Min+Close[i])/4, BStrength[i] = (Close[i]-Open[i-1])/(Max-Min), BVolume[i] = Volume[i]+Volume[i-1], Max = Max(High[i], High[i-1]), Min = Min(Low[i], Low[i-1]).
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Re: Breakout Relative Strength Index
kingos497 · Sat Oct 03, 2015 4:19 am
https://gyazo.com/af33632b691fc0c08067ffb4c5797f7f
is it normal we see nothing on chart ?
Re: Breakout Relative Strength Index
Apprentice · Thu Oct 08, 2015 5:02 am
I can not confirm your observation.