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FX Trend
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61520
Forum: 38 · Topic 61520 · 1 post(s)
FX Trend
Alexander.Gettinger · Fri Nov 21, 2014 5:13 pm
Original LUA oscillator: viewtopic.php?f=17&t=4482.
Formulas: FXT = K((Close-L1)/(D1Short_Length)+(Close-L2)/(D2Mid_Length)+(Close-L3)/(D3Long_Length)), where D1 = H1-L1, D2 = H2-L2, D3 = H3-L3, L1, H1 - lowest and highest prices at range from (i-Short_Length+1) to (i), L2, H2 - lowest and highest prices at range from (i-Mid_Length+1) to (i), L3, H3 - lowest and highest prices at range from (i-Long_Length+1) to (i), K = 100/(1/Short_Length+1/Mid_Length+1/Long_Length).
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