StockFetcher Forums · Filter Exchange · Here is a modified Random Walk Indicator RWI<< >>Post Follow-up
SAFeTRADE
644 posts
msg #138870
Ignore SAFeTRADE
modified
10/25/2017 10:30:42 PM

I had to modify because Stockfetcher would not allow me to do daily calculations needed
to arrive at the true RWI..So, I summed all the days (8) and ran the numbers that way.
Above 1 on D1 go long below 1 sell. At least that is the rule. I added Bollinger %B(8,2.0)
as a guide for entry and exit. I am not trading this.

Fetcher[
set{a1,high - low 1 day ago}
set{a12, sum(a1,8)}
set{b1, atr(1) 1 day ago}
set{b12, sum(b1,8)}
set{c1, a12 / b12}
set{d1, c1 / pow(c1,0.50)}



/*********************************************************************************/

set{a1a,high 1 day ago - low}
set{a1a2, sum(a1a,8)}
set{b1a, atr(1) 1 day ago}
set{b1a2, sum(b1a,8)}
set{c1a, a1a / b1a}
set{d1a, c1a / pow(c1a,0.50)}




symlist(spy,dia,qqq,xiv,vxx))
draw d1 line at 1
draw d1a line at 1
draw ma(20)
draw Bollinger %B(8,2.0) line at .74
draw Bollinger %B(8,2.0) line at .50


add column d1
add column d1a

chart-length is 6 months
]






StockFetcher Forums · Filter Exchange · Here is a modified Random Walk Indicator RWI<< >>Post Follow-up

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