Symp Sentiment Indicator

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Symp Sentiment Indicator

Postby Apprentice » Mon Mar 25, 2019 9:25 am

eurusd-m1-fxcm-australia-pty.png

Formula:
Symp_Sentiment[i]=(Ln((1+St[i])/(1-St[i]))+Symp_Sentiment[i-1])/2, where
Ln() - natural logarithm,
St[i]=0.66*((Median[i]-Min)/(Max-Min)-0.5)+0.67*St[i-1],
Max and Min are a maximum and minimum prices at range from [i-Period] to [i].
Symp_Sentiment_Indicator.mq4
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TS/JavaScript version.
viewtopic.php?f=48&t=64745#p112756
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Apprentice
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