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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » Range as % of Close

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unbias123
Posted : Friday, July 13, 2012 12:22:48 AM
Registered User
Joined: 3/30/2012
Posts: 21

Hi Bruce

I would like to have Formula  for 13, 21 & 50 period:

Range as % of close should be calculated based on range of a particular day devided by closing price of that particular day and say for 13 day all 13 days range as % of close calculated based on every day range & close of that particular day as mentioned before and then all 13 days range as % of close is added and then devided by 13. And similarly for 21 & 50 period.

Thanks

Regards

 
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Bruce_L
Posted : Friday, July 13, 2012 9:31:07 AM


Worden Trainer

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

Please try the following Custom PCF Indicator:

- Period: 13
- Average Type: Simple
- Formula: 100 * (H - L) / C

You can adjust the period to 21 and 50 as desired.


-Bruce
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