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Trend Continuation Factor
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61447
Forum: 38 · Topic 61447 · 1 post(s)
Trend Continuation Factor
Alexander.Gettinger · Mon Nov 17, 2014 4:46 pm
Original LUA oscillator: viewtopic.php?f=17&t=23551.
Formulas: PTCF = Sum_PC - Sum_NCF, NTCF = Sum_NC - Sum_PCF, where Sum_PC - sum of PC at range from (i-Length+1) to (i), Sum_NCF - sum of NCF at range from (i-Length+1) to (i), Sum_NC - sum of NC at range from (i-Length+1) to (i), Sum_PCF - sum of PCF at range from (i-Length+1) to (i), PC = ROC, if ROC>0, else PC = 0, NC = -ROC, if ROC<0, else NC = 0, PCF[i] = PCF[i-1]+ROC, if ROC>0, else PCF[i] = 0, NCF[i] = NCF[i-1]-ROC, if ROC<0, else NCF[i] = 0, ROC[i] = 100*(Price[i]-Price[i-CP_Length])/Price[i-CP_Length].
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