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Date/Time: Sat, 18 May 2024 19:29:26 +0000

Post From: Brown Composite Index

[2015-03-02 15:07:56] Link To Thread - Link To Post [Go To First Post]
moonmist - Posts: 127
Hi ehlaban, Thanks for sharing the Brown Composite Index. I have been looking at it in the morning. Can you add an option to choose between High, Low, Typical price, Close, etc., as one of the input parameter ? Although most people use the closing price as the default, in my experience, typical price, (H + L + C)/3, gives more reliable divergence signals for RSI. Most implementation of Brown's indicators center around 50: https://www.tradingview.com/v/qcmM1Ocn/ Yours seems to have the midpoint at 150. I have not been able to figure out the reason yet. Date Time Of Last Edit: 2015-03-02 15:10:23