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BOP and PCF FORMULAS Rate this Topic:
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wardrob
Posted : Saturday, May 11, 2013 11:31:21 AM
Registered User
Joined: 9/16/2010
Posts: 4

What exactly is the difference between the formulas

 AVG(BOP5,10)

AND

BOP5.10

BOTH PROVIDE A RESULT BUT SOMEWHAT DIFFERENT GRAPH.

I wanted to create a PCF which provided the 5 day average of BOP as it was 10 days ago.

More generally, what exactly is the difference between using the comma and the period?

 

thx

Rob

 

Bruce_L
Posted : Monday, May 13, 2013 9:17:22 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

AVG(BOP5,10) is the 10-Period Simple Moving Average of the 5-Period Simple Moving Average of Balance of Power (BOP).

BOP5.10 is the 5-Period Simple Moving Average of Balance of Power (BOP) from 10-bars ago (which is what you seem to actually want).

A , is used to separate the arguments in a function while a . is used to sparate the arguments in an indicator or as a decimal point (at least when using US regional settings).

PCF Formula Descriptions



-Bruce
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