Based on Giorgos Siligardos's article "The Revenge Of The Indicators Reverse Engineering RSI" published in the Stocks & Commodities magazine in June, 2003.
the indicator performs an inverse mathematical transform of oscillator RSI into price and helps assume, at which approximate level the close price of the next day will be, if RSI reaches a certain value.
The indicator has four input parameters:
Calculation:
If RMA != 0:
Otherwise:
where:
If RSI_MA= 100:
Otherwise:
RSI_MA = MA(RSI, MA Period, Method) RSI = RSI(RSI Period) ADC_MA = EMA(DN, 2*RSI Period-1) AUC_MA = EMA(UP, 2*RSI Period-1)
If Applied price > PrevPrice:
If Applied price <= PrevPrice:

Tradotto dal russo da MetaQuotes Ltd.
Codice originale https://www.mql5.com/ru/code/21046
PGC
Indicator Price Gouging Cycle.
Exp_UltraAbsolutelyNoLagLwma
A trading system using oscillator UltraAbsolutelyNoLagLwma.