Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=62197
Forum: 38 · Topic 62197 · 1 post(s)
Alexander.Gettinger · Fri May 08, 2015 10:08 am
Original LUA oscillator: viewtopic.php?f=17&t=62128.
Formula: RMO = EMA(SwingTrd) with [Length3] number of periods, where SwingTrd = 100*(Price-MA_Avg)/(Max-Min), MA_Avg = (MA1+MA2+MA3+MA4+MA5+MA6+MA7+MA8+MA9+MA10)/10, MA10[i] = (MA9[i]+MA9[i-1])/2, MA9[i] = (MA8[i]+MA8[i-1])/2, MA8[i] = (MA7[i]+MA7[i-1])/2, MA7[i] = (MA6[i]+MA6[i-1])/2, MA6[i] = (MA5[i]+MA5[i-1])/2, MA5[i] = (MA4[i]+MA4[i-1])/2, MA4[i] = (MA3[i]+MA3[i-1])/2, MA3[i] = (MA2[i]+MA2[i-1])/2, MA2[i] = (MA1[i]+MA1[i-1])/2, MA1[i] = (Price[i]+Price[i-1])/2, Max, Min - maximum and minimum prices at range from (i-9) to (i).
Download: