/////////////////////// p = (close - open) / open di = 0.0 va = 0.0 bp = 1.0 sp = 1.0 h = highest(high, priceRange) l = lowest(low, priceRange) va := h - l va := sma(va, period) va := va == 0 ? 1 : va k = 3 * close / va p := p * k bp := close > open ? volume : volume / p sp := close > open ? volume / p : volume di := abs(bp) > abs(sp) ? sp / bp : bp / sp di := ema(di, smooth)
romanowsky
⋅
What is the significance of the price range parameter?