Williams %R & RSI with Multiple Periods

31 thg 12, 2021

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.

11 thg 2, 2022

Phát hành các Ghi chú

Added option for displaying moving averages of %R and RSI

9 thg 3, 2022

Phát hành các Ghi chú

1) Added RMI, MFI, and RSX for reference.

29 thg 1

Phát hành các Ghi chú

Add CCI

29 thg 1

Phát hành các Ghi chú

Changed default colors

30 thg 1

Phát hành các Ghi chú

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.

30 thg 1

Phát hành các Ghi chú

Edited the CCI constant selection step variable

1 thg 2

Phát hành các Ghi chú

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.
  

21 thg 2

Phát hành các Ghi chú

Changed the +/- range for up volume : down volume ratio to a user input 1 to100, default +/- 50.

28 thg 2

Phát hành các Ghi chú

Changed some defaults. Added notes into code.