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MAXH MAXL from Telechart Rate this Topic:
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Qbear
Posted : Tuesday, June 9, 2015 12:59:37 PM
Registered User
Joined: 10/7/2004
Posts: 16

I am looking if an indicator that I use in Telechart to measure congestion be created for use in StockCharts:

((MAXH16.1/MINL16.1)-1)*100

Thanks!

 

 
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Bruce_L
Posted : Tuesday, June 9, 2015 1:04:56 PM


Worden Trainer

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

I can't help you with StockCharts, but if you mean StockFinder, then the following RealCode Indicator should do what you want.

RealCode for Real People: Indicators (6:05)

'|******************************************************************
'|*** StockFinder RealCode Indicator - Version 5.0 www.worden.com 
'|*** Copy and paste this header and code into StockFinder *********
'|*** Indicator:Congestion
'|******************************************************************
Plot = (Price.MaxHigh(16, 1) / Price.MinLow(16, 1) - 1) * 100

-Bruce
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Qbear
Posted : Tuesday, June 9, 2015 1:54:47 PM
Registered User
Joined: 10/7/2004
Posts: 16

LOL, yes StockFinder. Good intuition :) Thanks Bruce, and thanks for the tutorial.
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Bruce_L
Posted : Tuesday, June 9, 2015 2:04:24 PM


Worden Trainer

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

You're welcome.


-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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