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Edge Index

PostPosted: Mon Jan 20, 2014 6:08 am
by Apprentice
Edge Index with Sorting.png

Posted by request.
viewtopic.php?f=27&t=60212

F = FAST MOVING AVERAGE
M = MEDIUM MOVING AVERAGE
S = SLOW MOVING AVERAGE
R = ROC INDICATOR
RS = ROC SIGNAL LINE

IF F > M > S THEN XXX = +3 , YYY = -3
IF F < M > S THEN XXX = +2 , YYY = -1
IF F < M < S THEN XXX = -3 , YYY = +3
IF F > M < S THEN XXX = -1 , YYY = +2

IF R > RS > 0 LINE THEN XXX = +3 , YYY = -3
IF R < RS > 0 LINE THEN XXX = +2 , YYY = -1
IF R < RS < 0 LINE THEN XXX = -3 , YYY = +3
IF R > RS < 0 LINE THEN XXX = -1 , YYY = +2

For each instruments Edge Index is calculated as sum of individual scores for all currency pairs selected.
Edge Index.lua
(15.99 KiB) Downloaded 715 times

Edge Index with Sorting.lua
(16.66 KiB) Downloaded 708 times


The indicator was revised and updated

Re: Edge Index

PostPosted: Sun Jun 18, 2017 1:15 pm
by Apprentice
The indicator was revised and updated.