/* * QUANTCONNECT.COM - Democratizing Finance, Empowering Individuals. * Lean Algorithmic Trading Engine v2.0. Copyright 2014 QuantConnect Corporation. * * Licensed under the Apache License, Version 2.0 (the "License"); * you may not use this file except in compliance with the License. * You may obtain a copy of the License at http://www.apache.org/licenses/LICENSE-2.0 * * Unless required by applicable law or agreed to in writing, software * distributed under the License is distributed on an "AS IS" BASIS, * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied. * See the License for the specific language governing permissions and * limitations under the License. */ using QuantConnect.Data.Market; namespace QuantConnect.Indicators { /// /// This indicator computes the Balance Of Power (BOP). /// The Balance Of Power is calculated with the following formula: /// BOP = (Close - Open) / (High - Low) /// public class BalanceOfPower : BarIndicator, IIndicatorWarmUpPeriodProvider { /// /// Initializes a new instance of the class using the specified name. /// public BalanceOfPower() : this("BOP") { } /// /// Initializes a new instance of the class using the specified name. /// /// The name of this indicator public BalanceOfPower(string name) : base(name) { } /// /// Gets a flag indicating when this indicator is ready and fully initialized /// public override bool IsReady => Samples > 0; /// /// Required period, in data points, for the indicator to be ready and fully initialized. /// public int WarmUpPeriod => 1; /// /// Computes the next value of this indicator from the given state /// /// The input given to the indicator /// A new value for this indicator protected override decimal ComputeNextValue(IBaseDataBar input) { var range = input.High - input.Low; return range > 0 ? (input.Close - input.Open) / range : 0m; } } }