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Help!
Could anyone create a code to calculate %10 and Hi-Lo ratio.
description of %10 ,
Calculate the amount(AM50) of stocks whose C is above the 50ma in a
specific sector(TM), and then calculate AM50/TM. After this draw it
into a chart.
AM50= total amount of C> ma(C,50)
TM= total amount of the stocks in a specific group or sector.
%10 = 100*AM50/TM
description of Hi-Lo ratio,
(Amount(HM) of the stocks whose C is the 1yrHigh )/ (the sum of the
amount of the 1 yrHigh and 1yrLow(LM))
Hi-Lo ratio = 100*Hm/(HM+LM)
These two indicators are useful in predicting the Index moving
direction.
Thanks a lot.
CC Chen
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