"RangeIndicator" (Financial Indicator)

Sometimes abbreviated as RI.

Was developed by Jack Weinberg.

Is a statistical indicator.

Is computed using high, low, and close prices.

Returns one time series, a 10-period exponential moving average of the percentage of the true range in the overall range over 10 periods.

FinancialIndicator["RangeIndicator",n1,n2] uses n1 periods and an n2-period moving average.


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