// Downloaded From https://www.WiseStockTrader.com ///////////////////////// // RSI of WRO and WSO /// //////////////////////// TimeFrameSet(60*in1Minute); // WRO - WIDNER'S RESISTANCE OSCILLATOR p1=-4; p2=9; r1=ValueWhen(Ref(L,p1)==LLV(L,p2),Ref(L,p1),1); r2=ValueWhen(Ref(L,p1)==LLV(L,p2),Ref(L,p1),2); r3=ValueWhen(Ref(L,p1)==LLV(L,p2),Ref(L,p1),3); r4=ValueWhen(Ref(L,p1)==LLV(L,p2),Ref(L,p1),4); r5=ValueWhen(Ref(L,p1)==LLV(L,p2),Ref(L,p1),5); r6=ValueWhen(Ref(L,p1)==LLV(L,p2),Ref(L,p1),6); r1m=Max(0,Min(1,int(r1/C))); r2m=Max(0,Min(1,int(r2/C))); r3m=Max(0,Min(1,int(r3/C))); r4m=Max(0,Min(1,int(r4/C))); r5m=Max(0,Min(1,int(r5/C))); r6m=Max(0,Min(1,int(r6/C))); WRO=100*(1-(r1m+r2m+r3m+r4m+r5m+r6m)/6); Plot(WRO,"",colorGreen,styleDashed); // WSO - WIDNER'S SUPPORT OSCILLATOR p1=-4; p2=9; s1=ValueWhen(Ref(H,p1)==HHV(H,p2),Ref(H,p1),1); s2=ValueWhen(Ref(H,p1)==HHV(H,p2),Ref(H,p1),2); s3=ValueWhen(Ref(H,p1)==HHV(H,p2),Ref(H,p1),3); s4=ValueWhen(Ref(H,p1)==HHV(H,p2),Ref(H,p1),4); s5=ValueWhen(Ref(H,p1)==HHV(H,p2),Ref(H,p1),5); s6=ValueWhen(Ref(H,p1)==HHV(H,p2),Ref(H,p1),6); s1m=Max(0,Min(1,int(s1/C))); s2m=Max(0,Min(1,int(s2/C))); s3m=Max(0,Min(1,int(s3/C))); s4m=Max(0,Min(1,int(s4/C))); s5m=Max(0,Min(1,int(s5/C))); s6m=Max(0,Min(1,int(s6/C))); WSO=100*(1-(s1m+s2m+s3m+s4m+s5m+s6m)/6); Plot(WSO,"",colorRed,styleDashed); // AVERAGES + RSI x1=EMA(WRO,5); x2=EMA(WRO,10); x3=EMA(WRO,15); x4=(x1+x2+x3)/3; x5=RSIa(x4,5); y1=EMA(WSO,5); y2=EMA(WSO,10); y3=EMA(WSO,15); y4=(y1+y2+y3)/3; y5=RSIa(y4,5); z1=(x5+y5)/2; z2=EMA(z1,5); z3=Zig(x2,5); Cond=IIf(z3>Ref(z3,-1),colorGreen,colorRed); Plot(z3,"",Cond,8); Plot(15,"",colorBlue,1); Plot(85,"",colorBlue,1); PlotShapes(IIf(Cross(z3,15),shapeUpArrow,shapeNone),colorGreen); PlotShapes(IIf(Cross(85,z3),shapeDownArrow,shapeNone),colorRed);