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Wilson Relative Price Channel (WRPC)
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=20227
Forum: 38 · Topic 20227 · 1 post(s)
Wilson Relative Price Channel (WRPC)
Alexander.Gettinger · Fri Jun 15, 2012 3:19 pm
Original indicator: viewtopic.php?f=17&t=19607&p=34663
Formulas: OverBought=Price(1-(MA-OB)/100), OverSold=Price(1-(MA-OS)/100), NeutralUp=Price(1-(MA-UNZ)/100), NeutralDown=Price(1-(MA-LNZ)/100), where MA - EMA with period [SP] from RSI with period [CP], Price - Applied price (0 - Close, 1 - Open, 2 - High, 3 - Low, 4 - Median, 5 - Typical, 6 - Weighted).
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