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captjoe
Posted : Thursday, May 3, 2012 2:33:31 PM
Registered User
Joined: 10/26/2006
Posts: 34

(C>MAXH1.1) AND (V>1*V15)

IS THIS CORRECT FOR CLOSE GREATER THAN  MAX HIGH 1 DAY AGO

AND

VOLUME GREATER THAN VOLUME FOR THE LAST 15 BARS

Bruce_L
Posted : Thursday, May 3, 2012 2:35:47 PM


Worden Trainer

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

No, that would be:

C > H1 AND V >= MAXV15.1

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-Bruce
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captjoe
Posted : Thursday, May 3, 2012 3:23:43 PM
Registered User
Joined: 10/26/2006
Posts: 34

Bruce , how do you interpet the following:

(C>MAXH1.1) AND (V>1*V15)

Bruce_L
Posted : Thursday, May 3, 2012 3:27:44 PM


Worden Trainer

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

The first part would work as H1 is the high of 1-bar ago and MAXH1.1 is the 1-Period Maximum High of 1-bar ago and they are the same thing.

The second part would not work however as it is Volume is greater than 1 times the Volume of 15-bars ago.

So your formula is for the Close is greater than the 1-Period Maximum High of 1-bar ago and Volume is greater than the Volume of 15-bars ago.

You are using the MAX syntax when you don't need to do so and not using it in the portion which requires it.



-Bruce
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