The function computes the transformed values using a runtime validated implementation that errors on non numeric data. The result series plots in a separate pane with a yellow line and width two. The single input setting selects the source data defaulting to close allowing flexible application to any series. This provides a mathematically precise core transform from the numerics family for analytical use. It lacks trading signals exit rules or stop loss as it serves only as a data transformation tool without predictive elements.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Source
source
close
i_source
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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