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Profile: steve456
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User Name: steve456
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Joined: Tuesday, March 15, 2005
Last Visit: Sunday, March 27, 2005 1:20:51 AM
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Topic: Replies to "Handy PCF example formulas to help you learn the syntax of PCFs!"
Posted: Saturday, March 26, 2005 11:30:26 PM
I'd like to show another way of calculating a "price change" that may be easier to visualize as a percentage increase or decrease as follows: ((C/C10)-1)*100 for a percentage change in price between a current price and the closing price 10 days ago. Example: ((56/50)-1)*100=12%. That is todays price is 12% higher than the price 10 days ago. Check: 50*1.12=56.
or 56/50=1.12 then subtract 1 =.12, then multiply by 100 =12. This is especialy helpful in long formulas. This can be used for any time frame or volume, MAX,MIN,LOW,HIGH,CLOSE.