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Patrick  
#1 Posted : 20 years ago
Patrick

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The following formulas, for the Random Walk Index, were constructed using information from the article "Are There Persistent Cycles", by E. Michael Poulos, in the September 1992 TASC. Random Walk Index: [code:1:c4ecf7242d]Max( ( Ref(HIGH,-1) - LOW ) / ( ( Ref(Sum (Atr ( 1 ) ,2 ),-1) / 2) * Sqrt( 2 ) ) ,Max( (Ref(HIGH,-2) -LOW) / ( ( Ref(Sum (Atr ( 1 ),3),-1) / 3) * Sqrt( 3 ) ), Max( (Ref(HIGH,-3) - LOW) / ( (Ref(Sum (Atr( 1 ) ,4) ,-1) / 4) * Sqrt( 4 ) ) , Max( ( Ref( HIGH,-4) - LOW) / ( (Ref(Sum(Atr( 1 ),5),-1) / 5) * Sqrt( 5 ) ), Max( (Ref(HIGH,-5) - LOW) / ( (Ref( Sum( Atr ( 1 ),6),-1) / 6 ) * Sqrt( 6 ) ), Max( ( Ref(HIGH,-6) -LOW) / ( (Ref( Sum( Atr( 1 ),7),-1) / 7) * Sqrt( 7 ) ), Max((Ref(HIGH,-7)-LOW) / ( (Ref(Sum (Atr( 1 ),8),-1) / 8) * Sqrt(8) ), (Ref(HIGH,-8)-LOW) / ( (Ref(Sum (Atr (1),9),-1) / 9) * Sqrt( 9 ) ) ) ) ) ) ) ) )[/code:1:c4ecf7242d]
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