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JMOZ1337
Apr 15, 2020 4:44 AM

Random Walk Index 1337 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

A modification of the original Random Walk Index (RWI) script by everget, this one updates to version 4 and adds a threshold value and colouring.

If both high and low are below the default threshold of 1.0 the line chart will be coloured in grey.

Adjusting the length and threshold should allow you to see flat and choppy periods.
Comments
Ryan1993
Hey, love your work. I am very curious if you have used these strategies with broker exchanges and trade of them, if that is possible. Or is it just a way of back testing and you use it to compliment your decision making, or hinder it, which brings me to my next question...... Would human intervention help compliment the outcome or hinder it?
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