ixion700 wrote: Tue Feb 20, 2024 6:28 pm Hello dear master coders, @mrtools @kvak. This is Larry Williams Proxy Index. it uses sma mode in its calculation. If one of you guys have time could you give us the option to choose that average mode please? I think that would greatly help the very idea of this indicator. Also a reverse option for the oscillator would be likeable indeed. Appreciations in advance.

ixion700 wrote: Tue Feb 20, 2024 6:28 pm Also a reverse option for the oscillator....

ixion700 wrote: Tue Feb 20, 2024 6:28 pm Hello dear master coders, @mrtools @kvak. This is Larry Williams Proxy Index. it uses sma mode in its calculation. If one of you guys have time could you give us the option to choose that average mode please? I think that would greatly help the very idea of this indicator. Also a reverse option for the oscillator would be likeable indeed. Appreciations in advance.

mrtools wrote: Wed Feb 21, 2024 5:15 am Did 2 versions and need help to verify if the inverted version is close enough to the original version, the version with the dash is inverted and am thinking if you all think it is close enough in agreement can go ahead with the inverted version and do the modifications on it.

mrtools wrote: Wed Feb 21, 2024 5:15 am Did 2 versions and need help to verify if the inverted version is close enough to the original version, the version with the dash is inverted and am thinking if you all think it is close enough in agreement can go ahead with the inverted version and do the modifications on it.

ixion700 wrote: Wed Feb 21, 2024 6:03 am They look close enough with sma, smma and lwma but with ema and tema there are some small differences that may become an issue with new other averages. Since the reverse isn't the first priority for me, I'd say lets stick to the original version. Btw mrtools, there is another issue that every user of LWPI faces and that's about the mid line. 50 is not the exact mid, actually the mid line is sum of high and low of the oscillator divided by 2, changing every candle and most of the time it moves between 44-49. Is it possible to calculate the mid every time a candle closes and repaint the new mid? That would make a dynamic mid line which i have never seen in any indicator! Eager to know your opinion.

ixion700 wrote: Wed Feb 21, 2024 6:03 am They look close enough with sma, smma and lwma but with ema and tema there are some small differences that may become an issue with new other averages. Since the reverse isn't the first priority for me, I'd say lets stick to the original version. Btw mrtools, there is another issue that every user of LWPI faces and that's about the mid line. 50 is not the exact mid, actually the mid line is sum of high and low of the oscillator divided by 2, changing every candle and most of the time it moves between 44-49. Is it possible to calculate the mid every time a candle closes and repaint the new mid? That would make a dynamic mid line which i have never seen in any indicator! Eager to know your opinion.

mrtools wrote: Wed Feb 21, 2024 11:32 am This is Larry Williams Commerical Proxy Index(cpi) inverted and kind of normalized. For now has 5 moving averages to choose from in calculation plus smoothing and added some deviation type bands, where the cpi is colored on the cpi and band midline cross. Also added a zero-cross filter for filtering of entries.