Williams %R & RSI with Multiple Periods

2021년 12월 31일

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.

2022년 2월 11일

릴리즈 노트

Added option for displaying moving averages of %R and RSI

2022년 3월 9일

릴리즈 노트

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

1월 29일

릴리즈 노트

Add CCI

1월 29일

릴리즈 노트

Changed default colors

1월 30일

릴리즈 노트

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.

1월 30일

릴리즈 노트

Edited the CCI constant selection step variable

2월 1일

릴리즈 노트

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.
  

2월 21일

릴리즈 노트

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

2월 28일

릴리즈 노트

Changed some defaults. Added notes into code.