• Download software • Tutorial videos
• Subscription & data-feed pricing • Class schedule


• New account application • Trading resources
• Margin rates • Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Worden Discussion Forum » Members » gregcwilson

Profile: gregcwilson
About
User Name: gregcwilson
Groups: Gold User, Member, TeleChart
Rank: Registered User
Real Name:
Location
Occupation:
Interests:
Gender: Gender:
Statistics
Joined: Friday, April 9, 2010
Last Visit: Wednesday, September 21, 2016 6:57:17 PM
Number of Posts: 1
[0.00% of all post / 0.00 posts per day]
Avatar
Last 10 Posts
Topic: Absolute Percentage Change Indicator
Posted: Friday, April 9, 2010 9:19:50 AM
Would you Please help with a program for the following:

This is what I want it to do and look like:

I want to take to the change in price from one day to the next and divide it by the current price to eliminate price bias.  The result should be expressed as an absolute - whether the change is up or down is immaterial.  Then I want to run a 10 day moving average of the data.  I would like to Invert the data and use a Log scale so that it would equate easier to price.  The highs in the APC tend to align with highs in a security, and vice versa.

Below is a formula that is used for this in another charting program - Metastock
Mov(Abs((C-Ref(C,-1))/C,10,Simple)

Thanks,
Greg