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peter.goyette
Posted : Thursday, December 7, 2017 8:24:07 PM
Registered User
Joined: 3/8/2010
Posts: 129

Hi Bruce.how would I do a condition , So that the H and L over the last 8 bars would not be higher or lower , by no more than,  .10 of 1%, of  the average H-L ,over the 8 bars.  loking for a very tight side ways range . 

Thanks Peter

Bruce_L
Posted : Friday, December 8, 2017 8:54:39 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

If I am understanding the requirements correctly (which is not guaranteed).

MINL8 >= .999 * AVGL8 AND 1.001 * AVGL8 >= MAXL8 AND MINH8 >= .999 * AVGH8 AND 1.001 * AVGH8 >= MAXH8



-Bruce
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peter.goyette
Posted : Friday, December 8, 2017 10:00:53 AM
Registered User
Joined: 3/8/2010
Posts: 129

Hi bruce , not sure yet?  but does this formula give that no H orL of any of the 8 candles ,go out side the average  .10 of the average ?  I want all candle to not have gone out of the average.

Bruce_L
Posted : Friday, December 8, 2017 10:05:51 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

It makes sure none of the lows are more than 0.1% away from the average low and none of the highs are more than 0.1% away from the average high.

If you only care about if the highs or lows go outside the range by more then 0.1%, the formula might be shorter. The reduces the number of required comparisons by half.

MINL8 >= .999 * AVGL8 AND 1.001 * AVGH8 >= MAXH8

If you meant 0.10 or 1% instead of 0.10 of 1% but are treating highs and lows separately as in my first response, maybe the following?

(MINL8 >= .99 * AVGL8 AND 1.01 * AVGL8 >= MAXL8 AND MINH8 >= .99 * AVGH8 AND 1.01 * AVGH8 >= MAXH8) OR (MINL8 >= AVGL8 - .01 AND AVGL8 + .01 >= MAXL8 AND MINH8 >= AVGH8 - .01 AND AVGH8 + .01 >= MAXH8)

If you only care about if the highs or lows go outside the range by more then 0.10 or 1%:

(MINL8 >= .99 * AVGL8 AND 1.01 * AVGH8 >= MAXH8) OR (MINL8 >= AVGL8 - .1 AND AVGH8 + 1 >= MAXH8)



-Bruce
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