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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Relative Vigour Index for Amibroker (AFL)
Relative Vigour Index described in an article by John Ehlers in the January 2002 edition of TASC.
By Stefan Bondorowicz – SBondorowicz [at] aol.com
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Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 | /* Relative Vigour Index from TASC 01/02 */ period = 14; value1 = ( ( C - O ) + ( 2 * Ref ( C - O , -1) ) + ( 2 * Ref ( C - O , -2) ) + Ref ( C - O , -3) ) / 6; value2 = ( ( H - L ) + ( 2 * Ref ( H - L , -1) ) + ( 2 * Ref ( H - L , -2) ) + Ref ( H - L , -3) ) / 6; num = Sum ( value1, period ); denom = Sum ( value2, period ); RVI = IIf ( denom != 0, num / denom, 0); RVISig = ( RVI + 2 * Ref ( RVI, -1) + 2 * Ref ( RVI, -2) + Ref ( RVI, -3) ) / 6; Graph1 = RVI; Graph0 = RVISig; |
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