Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

A little help translating formula...I'm very rusty Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
ben2k9
Posted : Thursday, September 10, 2015 3:31:07 PM

Registered User
Joined: 7/1/2008
Posts: 889

Hi - although I've been using this custom formula indicator for a long time on telechart, its been quite a while since I've been active with formulas and I've forgotten the syntax.  I'm trying to translate this formula over to another charting system I'm also using and need a little help.

So with this formula:

L<((3.05*MINL15.7)-MAXH7.3)/2 AND STOC12.5<10 AND L<L1

What does 3.05*MINL15.7 mean?

on STOC12.5 what does the 12.5 mean?  (12 periods 5 smoothing?)

I read the syntax help page but couldn't figure it out.

 

Thanks!

ben

 

StockGuy
Posted : Thursday, September 10, 2015 3:41:02 PM

Administration

Joined: 9/30/2004
Posts: 9,187

L<((3.05*MINL15.7) is true when the current bar low less than 3.05 times greater than the 15 period low as of 7 bars ago.

STOC12.5 is a stochastic with a period of 12 and %K of 5

ben2k9
Posted : Friday, September 11, 2015 8:24:43 PM

Registered User
Joined: 7/1/2008
Posts: 889

Great - thank you. 

Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.