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Registered User Joined: 1/12/2005 Posts: 6
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I am looking for the point when short/long terms Move Average value are compressed( about the same value).
There is no "close to" Operator and let us set percentage of close range. So can you tell me how to set this in RCF or in scan?
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Registered User Joined: 1/28/2005 Posts: 6,049
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Try this:
(ABS(AVGC20-AVGC100)/AVGC5)*100
This is the ABS diff between a 20 bar and 100 bar mav. Divided by a 5 bar average of the close.
(All the values can be adjusted for your needs)
The lower the value the closer the MAV's.
------------------------------------- For EXP. version:
(ABS(XAVGC20-XAVGC100)/XAVGC5)*100
Thanks diceman
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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sitain, give me the avereages you are using and want close to each other. I can write something up for you.
- Craig Here to Help!
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