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Measuring Trend Strength Rate this Topic:
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SweetAndSour
Posted : Wednesday, April 18, 2018 2:06:23 PM
Registered User
Joined: 5/26/2017
Posts: 25

Hi Trainer,

I would like to measure the trend strength by number of candles.

The idea is that I have an ema50 and an ema100. The measurement starts on that day that the ema50 crosses above the ema100 and ends on the day that the ema50 crosses under the ema100. A good example is CBOE in 2017. Best would be to have a result between 0 and 100 so it can also be used as an oscillator.

Thanks for your help...

Bruce_L
Posted : Wednesday, April 18, 2018 2:19:33 PM


Worden Trainer

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

Please try the following.

TrueInRow(XAVGC50 > XAVGC100, 100)



-Bruce
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