bengisby |
Gold User, Member, TeleChart
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Tuesday, May 3, 2016 |
Monday, May 8, 2017 9:55:15 AM |
8 [0.00% of all post / 0.00 posts per day] |
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i'm very sorry, my mistake. I had an old formula plugged in to the first line as I was trying to work through building it myself.
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ovas. minute chart, 12:49pm.
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Bruce, just comparing lines here, 99% of the time seems to work flawlessly, however - the start of the thread formula compared to the second formula you wrote me above and notice something I'm not expecting.
2 candles:
C1=5.52 for open & close
C=5.52 open and 5.46 for low and close
When I compare the lines, the first formula the line goes down about 3% on the chart whereas the updated line you built me goes down about 1%, much smaller drop. I would want them to be equal decline size since they should be using the same candle.
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Thanks again. and the 2nd one is the one I want so that if someone buys at a higher/lower price from previous candle it will make the line go up/down. Appreciate the support.
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Hi Bruce, getting "unmatched parenthesis at position 132" error for this:
V * (2 * C - (H + L + 2 * C1 + ABS(H- C1) - ABS(L - C1)) / 2) / ((H - L + ABS(H - C1) + ABS(C1 - L)) / 2 + ABS(H + ABS(H - C1) + ABS(C1 - L) = L)
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Bruce, my other question is.. (I know it's a longshot) is it possible to have this line drawn based on ticks? Is there such an indicator (i.e. accumulation/distribution based on ticks but shown on longer timeframe charts)
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Bruce, really appreciate all your help.
I would like to use the above indicator but when I see a gap I find it difficult to read. Is it possible to write the formula to remove gaps? I've tried to modify the above using C1 and C1>H criteria for IF:Then but am flailing...
Basically, if C1>H then using your formula above: 2*C-C1-L; If C1<L then 2*C-H-C1; if neither is true, then use your formula above. I think that's what I mean, but basically looking for a way to have the line adjust for gaps and not be so far away from the candlesticks when there is a gap.
Best,
Ben
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Hi Bruce,
Is it possible to have this in a PCF? I would like to scan for divergence. Say, over a period of 10, AD icreases while price decreases.
Best,
Ben
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