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Williams %R & RSI with Multiple Periods

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.
Nota Keluaran
Added option for displaying moving averages of %R and RSI
Nota Keluaran
1) Added RMI, MFI, and RSX for reference.
Nota Keluaran
Add CCI
Nota Keluaran
Changed default colors
Nota Keluaran
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.
Nota Keluaran
Edited the CCI constant selection step variable
Nota Keluaran
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.
Nota Keluaran
Changed the +/- range for up volume : down volume ratio to a user input 1 to100, default +/- 50.
Nota Keluaran
Changed some defaults. Added notes into code.

Penafian