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Williams %R & RSI with Multiple Periods

5 273
DESCRIPTION
1. Calculates %R and RSI with multiple period lengths.
1 period length value is defined by User.
8 period length values follow User's selection of classic number sequences, e.g. Fibonacci, Leonardo, Lucas, Narayana, etc.
2. User selects which indicator and periods to display or hide.

DEFAULTS
%R default custom period: 10.
RSI default custom period: 14.
%R & RSI default number sequence periods: Lucas numbers 11, 18, 29, 47, 76, 123, 199, 322.

CALCULATIONS
%R = (period high - most recent period's close price)/(period high - period low)
RSI = 100 - 1 / (100 + RS), where RS = SMMA(up, period) / SMMA(down, period)

PURPOSE
1. Identify price trends.

CREDITS
1. Williams %R technical analysis momentum oscillator by Larry Williams.
2. Wilder's Relative Strength Index technical analysis momentum oscillator by J. Welles Wilder.
3. "Solarized" color scheme by Ethan Schoonover.
Notas de prensa
Added option for displaying moving averages of %R and RSI
Notas de prensa
1) Added RMI, MFI, and RSX for reference.
Notas de prensa
Add CCI
Notas de prensa
Changed default colors
Notas de prensa
Added more details to the CREDITS
1. Williams %R technical analysis momentum oscillator by Larry Williams.
2. Wilder's Relative Strength Index (RSI) technical analysis momentum oscillator by J. Welles Wilder.
3. Commodity Channel Index (CCI) by Donald Lambert.
4. Relative Momentum Index (RMI) by Roger Altman.
5. Money Flow Index (MFI) by Gene Quong and Avrum Soudack.
6. Relative Strength Quality Index (RSX) by Mark Jurik.
Notas de prensa
Edited the CCI constant selection step variable
Notas de prensa
Added Up/Down Volume Ratio restructured so that
  • 1:1 ratio (up volume = down volume) at the 0 line.
  • 7:3 ratio at the +40 line.
  • 3:7 ratio at the -40 line.
  • 9:1 ratio at the +80 line.
  • 1:9 ratio at the -80 line.
Notas de prensa
Changed the +/- range for up volume : down volume ratio to a user input 1 to100, default +/- 50.
Notas de prensa
Changed some defaults. Added notes into code.

Exención de responsabilidad

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