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Price as a percent of todays range Rate this Topic:
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kram
Posted : Wednesday, October 17, 2018 2:00:35 PM
Registered User
Joined: 10/7/2004
Posts: 80

Is it possible to wrtie a pcf or condition that illustrates

what percent of todays range the price is?

 

In otherwords if the stock had a 1 point range

and it closed in the "upper half" or "upper 25%" ?

 

thank you

Bruce_L
Posted : Wednesday, October 17, 2018 4:22:41 PM


Worden Trainer

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

You can use a 1-period stochastic in a daily time frame for this.

STOC1

Stochastic Oscillator



-Bruce
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kram
Posted : Wednesday, October 17, 2018 4:44:14 PM
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Joined: 10/7/2004
Posts: 80

thank you !

Bruce_L
Posted : Wednesday, October 17, 2018 5:01:06 PM


Worden Trainer

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

You're welcome.



-Bruce
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