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Nailed it Bruce. Thanks again.
That returns a boolean result and not a value. I was hoping to calculate the ROC value like the formulas that you were able to provide above. Again, appreciate the help.
Can you give me a hand on another formula please? I need a formula to find when the Rate of Change indicator is greater than 0 for the 4 HOUR chart when the MLR is 40 and the ROC is 2.
Got it! Thanks.
I'm a finance guy who is a tech dummy so this stuff is like another language to me. Appreciate all your assistance.
When creating an EasyScan, I can use the formulas that you gave me to identify when the ROC is greater than zero. However, it doesn't give the option to identify stocks when the ROC is just turning positive. Is there a way to create a condition that either identifies when 1)WEEKLY ROC crosses up through a zero horizontal line or 2) Prior WEEKLY ROC is less than zero an current WEEKLY ROC is greater than zero?
Thanks again Bruce.
Can I bother you again for another iteration of this formula? I need to find when the Rate of Change indicator is greater than 0 for the DAILY chart when the MLR is 30 and the ROC is 2.
I'd like to be able to complete different iterations of this without having to continue to bother you however I can't really decipher how you are coming up the formulas. Maybe as a baby step, how would the same formula differ if I wanted it for when the ROC is 1.
Thanks again, I really appreciate your help.
Never mind....just got your response.
Can I get your help with another formula? Again it is for when the rate of change indicator is greater than 0 but this time it will be for a MONTHLY chart when the MLR is 9 and the ROC is 1.
Thanks again for all your help
Can I bother you for another formula. Again it is for when the rate of change indicator is greater than 0 but this time it will be for the Monthly chart when the MLR is 9 and the ROC is 1. Thanks