fxcodebase-backup
Dynamic High/Low Band Overlay
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61686
Forum: 38 · Topic 61686 · 1 post(s)
Dynamic High/Low Band Overlay
Alexander.Gettinger · Thu Jan 08, 2015 4:45 pm
Original LUA indicators: viewtopic.php?f=17&t=2094.
DHLBO:
Formulas: Up band = Min+(Max-Min)Step, Dn band = Max-(Max-Min)Step, where Min, Max - minimum and maximum prices at range from (i-Look_Back_Length+1) to (i).
Download:
DHLPBO:
Formulas: Up band[i] = Max-(Max-Min)(MaxIndex-i)Step/100, Dn band[i] = Min+(Max-Min)(MinIndex-i)Step/100, where Min, Max - minimum and maximum prices at range from (i-Look_Back_Length+1) to (i), MinIndex, MaxIndex - positions of Min and Max.
Download: