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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
/* 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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