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I do not see anything puzzling.
Instead of C, we use many times (H+L)/2 as more representative or
(H+L+C)/3 to give emphasis to Close value.
Many T/A indicators use (H+L)/2 as an "average" day value.
DT
--- In amibroker@xxxx, "nkis22" <nkishor@xxxx> wrote:
> The puzzling part is (H+L) in this code. While
> H-L give u the daily range and is meaningful, what
> does H+L represent.
>
> nand
>
>
> --- In amibroker@xxxx, "greg" <greg.bean@xxxx> wrote:
> > Hi, Dimitris,
> >
> > I was trying to understand your formula and have come up with the
> following questions, could you fill in what I have missed.
> >
> > d1=14;
> > d2=43;
> > x=H-L;
> > F2=x<=0.001*d1*(H+L);
> > F1=x>=0.001*d2*(H+L);
> > Sell=F2;Buy=F1;
> > Sell=ExRem(Sell,Buy);Buy=ExRem(Buy,Sell);
> > Short=Sell;Cover=Buy;
> > Short=ExRem(Short,Cover);Cover=ExRem(Cover,Short);
> >
> > d1 and d2 look to be multipliers, What do they represent?
> > x is today's range, I understand that ok.
> > F2 is the sell condition. It says sell if today's range <= can
you
> fill in this part in plain English
> > F1 is the buy condition. It says buy if today's range >= can you
> fill in this part in plain English
> >
> > If you can explain how this works to a 10 year old, then maybe
> I'll be able to understand it too :) .
> >
> > Greg
> >
> >
> >
> >
> > ----- Original Message -----
> > From: Dimitris Tsokakis
> > To: amibroker@xxxx
> > Sent: Sunday, June 23, 2002 12:59 PM
> > Subject: [amibroker] QQQ Individual Analysis
> >
> >
> > If you are fed up from my Composite Analysis, let us make a
break
> with an individual one.
> > Simple logic, simple profits, pre-indicator era.[High, Low and
> thats all !!]
> > Dimitris Tsokakis
> >
> >
> > Yahoo! Groups Sponsor
> > ADVERTISEMENT
> >
> >
> >
> >
> > Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> Service.
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