so for the 8 period, the Price would be the MAXC7.1
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OK I HAVE THIS
(100 * (C-MINC8) /( MAXC8 -MINC8) )
That said, this what i want to know if we can Calculate. IF I have the value of the Previous Bar Can I calculate the Value of the Price (C) that would create a Current Indicator Value of 100 or 0 for the Above Indicator using 3 Period, 6 Period, and 8 Period. The Following 3 Formulas are formulas for the Previous Bar Value:
100 * (C1-MINC3.1) /( MAXC3.1 -MINC3.1)
100 * (C1-MINC6.1) /( MAXC6.1 -MINC6.1)
100 * (C1-MINC8.1) /( MAXC8.1 -MINC8.1)
Thanks
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I guess is am not getting the difference in MIN(C,8) and MINL8
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Bruce this is unrelated but very similar, i am using the first formula and its result will sometimes reach 100 and Max out there, but trying to write the formula different and get the same results but cant quite get there. Here are the 2 formulas, the later is 1 of my attempts to rewrite different but does not produce the same exact results
100 * (C-MIN(C,8)) /( MAX(C,8) -MIN(C,8))
100 * (C - MINL8) / (MAXH8 - MINL8)
Thanks
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OK create a pcf with my formula and your formula and see if you get the same answer if so, then I guess you and bruce are correct
MY FORMULA
((((C*V) / V) + ((C1*V1) / V1) + ((C2*V2) / V2)) / 3)
YOUR FORMULA
(AVGC3+AVGC3.1+AVGC3.2)/3
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This is actually the formula, I was looking for a shorter way to say it (may not be a shorter version)
( ( ((((C*V) / V) + ((C1*V1) / V1) + ((C2*V2) / V2)) / 3) +
((((C1*V1) / V1) + ((C2*V2) / V2) + ((C3*V3) / V3)) / 3) +
((((C2*V2) / V2) + ((C3*V3) / V3) + ((C4*V4) / V4)) / 3) ) / 3 )
But thanks for the input
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(((XAVGH30 + XAVGL30 + XAVGC30) / 3) + (1.5 * (XAVGH30 - XAVGL30))) so should this become the below(((XAVGH30 + XAVGL30 + XAVGC30) / 3) + (1.5 * (XAVGH30.1 - XAVGL30.1)))
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Another Thing i dont quite get
- THIS SHOULD BE THE TOP KELTNER CHANNEL FOR 30 PERIOD 1.5 ATR
(((XAVGH30 + XAVGL30 + XAVGC30) / 3) + (1.5 * (XAVGH30 - XAVGL30)))
But i am always about .8 to .12 off of being equal with the plot on the chart
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