pricechannelindex
Price Channel Index (PCI) is a momentum oscillator that measures the current price relative to its price channel. It helps identify overbought and oversold conditions and potential trend reversals.
pricechannelindex (tick)
Price Channel Index (PCI) is a momentum oscillator that measures the current price relative to its price channel. It helps identify overbought and oversold conditions and potential trend reversals.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 20 | The lookback period in minutes |
period | number | 20 | Period for channel calculation |
smoothingPeriod | number | 5 | Smoothing period |
SQL example
TICK pricechannelindex WITH minutes=20 > 80 THEN order SET size=100, price=51.00, transmit=trueppo
Percentage Price Oscillator (PPO) is a momentum oscillator that shows the percentage difference between two moving averages. It is similar to MACD but uses percentage difference instead of absolute difference, making it more suitable for comparing different securities.
volumeweightedrsi
Volume Weighted RSI (VWRSI) is a momentum oscillator that combines the traditional RSI with volume data. It gives more weight to price movements that occur with higher volume, making it more sensitive to significant market moves.