FXCM Forex Trading

Edge Index

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Edge Index

Postby Apprentice » Mon Jan 20, 2014 6:08 am

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 219 times

Edge Index with Sorting.lua
(16.66 KiB) Downloaded 199 times
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Apprentice
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Re: Edge Index

Postby Apprentice » Sun Jun 18, 2017 1:15 pm

The indicator was revised and updated.
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Apprentice
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Posts: 16495
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


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