fxcodebase-backup
Recursive Trendline and TOSC
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=59085
Forum: 38 · Topic 59085 · 1 post(s)
Recursive Trendline and TOSC
Alexander.Gettinger · Tue Aug 13, 2013 2:08 pm
Original LUA indicators: viewtopic.php?f=17&t=46409.
Formulas: RTL[i] = (1-Alpha)RTL[i-1]+Alpha(Price[i]+b0[i]-b0[i-1]), TOSC[i] = (RTL[i]-EMA(Length, Price)), where b0[i] = (1-Alpha)*b0[i-1]+Price[i].
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