Size Highs and Lows 2

Category: volatility, momentum

Measures the absolute size (Close - Open) of bullish and bearish candles separately, tracking their historical peaks and the net delta between them.

Formula

HighBuffer = (Close > Open) ? (Close - Open) : 0; LowBuffer = (Close <= Open) ? (Close - Open) : 0; maxHigh = highest(HighBuffer, N); maxLow = lowest(LowBuffer, N); maxDelta = maxHigh + maxLow;

Inputs

• InputAlgoPeriod (default: 0)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.