Its a pretty old script and i have absolutely no idea how i did it, the code kinda look like the phase wrapping/unwrapping formula. This indicator is an oscillator, sometimes its reactivity is impressive so i think its a good idea to post it, feel free to experiment with it.
I'm assuming this basically aims to captures technical overbought and oversold levels?
hgsonn
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I cannot understand the most simple sentence in this code: r = n
Could someone clarify what does it mean? Thank you in advance for your attention and help.
Hadus
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change(r) is always 1
so therefore wb is constant too
wb = asin(1) * 2