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dipanpatel1984
Posted : Tuesday, April 24, 2018 11:31:38 AM
Gold Customer Gold Customer

Joined: 3/8/2018
Posts: 30

Hello. From one of the archived webinar, i leanred of the following formula.

the puspose of it is to search for stocks +/- 1% from it's 120 day high

C = MAXC120 AND C > (MAXC120.60)*99 AND C < (MAXC120.60)*1.01

my question is , what it uses maxc120.60 ? and not just maxc120 ?

Thanks

 

dipanpatel1984
Posted : Tuesday, April 24, 2018 11:42:48 AM
Gold Customer Gold Customer

Joined: 3/8/2018
Posts: 30

QUOTE (dipanpatel1984)

Hello. From one of the archived webinar, i leanred of the following formula.

the puspose of it is to search for stocks +/- 1% from it's 120 day high

C = MAXC120 AND C > (MAXC120.60)*99 AND C < (MAXC120.60)*1.01

my question is , what it uses maxc120.60 ? and not just maxc120 ?

Thanks

 

 

Never mind. I found the answer. I was already discussed in privous topics.

QUOTE

I think you understand, but I can't be positive.

MAXC120 is the highest closing price of the bars running from 0 through 119 bars ago.

MAXC120.30 is the highest closing price of the bars running from 30 through 149 bars ago.

MAXC120.60 is the highest closing price of the bars running from 60 through 179 bars ago.

MAXC120.90 is the highest closing price of the bars running from 90 through 209 bars ago.

MAXC120.120 is the highest closing price of the bars running from 120 through 239 bars ago.

Note that MAXC120 is the highest closing price over the most recent 120, not the maximum high over the most recent 120 bars. That would be MAXH120 instead (it uses H for high instead of C for current or close).

Bruce_L
Posted : Wednesday, April 25, 2018 3:13:48 PM


Worden Trainer

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

I am happy to read you were able to figure it out on your own.



-Bruce
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