theheirophant

♒RBCI - Range Bound Channel Index by Cryptorhythms

♒ RBCI - Range Bound Channel Index by Cryptorhythms

Intro
This is my best approximation of the RBCI. Its not perfect, but it does the job well enough.

A good way to use it is to enter when the singal line (light blue) RE ENTERS the channel from below. I circled these points on the indicator in green.

Description
Information to create was gathered mostly here: www.finware.com/article1.html

RBCI (Range Bound Channel Index) – is calculated by means of the channel (bandwidth) filter (CF). Channel filter simultaneously fulfills two functions:

Removes low frequent trend formed by low frequent components of the spectrum with periods, more T2= 1/fc2;

Removes high frequency noise formed by the high frequent components of the spectrum with periods, less T1= 1/fc1.

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Script protégé
Ce script est publié en code source fermé et vous pouvez l'utiliser librement. Vous pouvez le préférer pour l'utiliser sur un graphique. Vous ne pouvez pas visualiser ou modifier son code source.
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