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JustJewels
Posted : Thursday, January 16, 2014 12:15:45 AM
Registered User
Joined: 7/8/2008
Posts: 14

Hi Bruce,

 

Trying to write a simple formula for price within 5% of 40d MA.   Getting an error.  Please help.

c<= avec40*1.05 and
c>= avec40*.95 

Thanks

 
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Bruce_L
Posted : Thursday, January 16, 2014 8:37:01 AM


Worden Trainer

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

The e needs to be a g:

.95 * AVGC40 <= C AND C <= 1.05 * AVGC40

This could also be written as:

ABS(C / AVGC40 - 1) <= .05


-Bruce
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