Could someone convert this Relative Strength Indicator to TOS as a study, scan and MWC?
It's called the Hull ROAR Indicator and is coded for MetaStock:
Used by permission of Alan Hull, This is his 26 week trend trading indicator. He also has a short term trading indicator based on a HullMA, alas, he isn't sharing that.
Source: https://alanhull.com/hull-roar-indicator
It's called the Hull ROAR Indicator and is coded for MetaStock:
Code:
Cutoff:=Input("Cutoff",0,200,20);
If((200*(LinearReg(C,52)-Ref(LinearReg(C,52),-26))/C)<Cutoff,0,200*(LinearReg(C,52)-Ref(LinearReg(C,52),-26))/C);
Used by permission of Alan Hull, This is his 26 week trend trading indicator. He also has a short term trading indicator based on a HullMA, alas, he isn't sharing that.
Source: https://alanhull.com/hull-roar-indicator