Registered User
Joined: 10/7/2004
Posts: 1,178
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Looking for three custom indicators, each in percentage terms:
1) How far is yesterday's H-L mid-price from today's Open Price?
2) How far is yesterday's H-L mid-price from today's Low Price?
3) How far is yesterday's H-L mid-price from today's High Price?
Thanks, Bruce, for all you do for us.
traderlady
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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QUOTE (traderlady) 1) How far is yesterday's H-L mid-price from today's Open Price?
100 * ((H1 + L1) / 2 / O - 1)
Although I would probably reverse this to the following.
100 * (2 * O / (H1 + L1) - 1)
QUOTE (traderlady) 2) How far is yesterday's H-L mid-price from today's Low Price?
100 * ((H1 + L1) / 2 / L - 1)
Reversed:
100 * (2 * L / (H1 + L1) - 1)
QUOTE (traderlady) 3) How far is yesterday's H-L mid-price from today's High Price?
100 * ((H1 + L1) / 2 / H - 1)
Reversed:
100 * (2 * H / (H1 + L1) - 1)
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/7/2004
Posts: 1,178
|
Thanks so much. This works great for my purpose.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|