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Trading Channel Index
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61155
Forum: 38 · Topic 61155 · 1 post(s)
Trading Channel Index
Alexander.Gettinger · Mon Sep 15, 2014 12:31 pm
Original LUA oscillator: viewtopic.php?f=17&t=32945.
Formula: TPI = EMA(B2, Average_Length), where B2 = (Price-MA1)/(Coeff*MA2), MA2 = EMA(B1, Channel_Length), B1 = Abs(Price-MA1), MA1 = EMA(Price, Channel_Length), Abs - absolute value.
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