Download Random Walk Index For Amibroker (AFL)

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex

EOD and Realtime

Dividends and Trust Distributions

And Much More ....

For Portfolio Manager Click Here

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators

Advanced Pattern Exploration

Neural Networks

And Much More ....

Find Out More Here

4 / 5 (Votes 1)

oscillator, amibroker

The random walk index (RWI) indicator attempts to determine if a stock’s price movement is random or the result of a statistically significant trend. The random walk index attempts to determine when the market is in a strong uptrend or downtrend. It does this by measuring price ranges over the past N bars and how it differs from what would be expected by a random walk, which is going up or down randomly.

Submitted by abhinavsingh about 13 years ago

Submitted by tuanstock1 over 10 years ago

Submitted by dljtrader about 14 years ago

Submitted by janet0211 over 14 years ago

Submitted by klimpek about 14 years ago

Submitted by genkumag about 13 years ago

Copy & Paste Friendly

_SECTION_BEGIN("RWI");
minperiods = Param( "Min Periods", 9, 1, 200, 1 );
maxperiods = Param( "Max Periods", 40, 1, 200, 1 );
Plot( RWI( minperiods, maxperiods)  , _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();

Stock Portfolio Organizer

WiseTrader Toolbox

Random Walk Index for Amibroker (AFL)
ganesh2284
over 14 years ago
Amibroker (AFL)

Screenshots

Similar Indicators / Formulas

Indicator / Formula

1 comments

Leave Comment