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Yes, if you want to see R.
My main target was the trend detector bars, thatīs why I left R on
the ground.
This trend detector gives also the magnitude [strength] of a trend,
it will be combined with D_ratio and the Fast OR Slow question and...
and..., but, give me some more time.
I work a variable period output, I hope it will have a happy end.
Thank you for your comments.
DT
--- In amibroker@xxxxxxxxxxxxxxx, "steve_almond" <steve_almond@xxxx>
wrote:
> Dimitris,
>
> Another interesting chart. I find it better to replace:
>
> Plot(R,"R",1,1); with
> Plot(30*R,"R",1,1);
>
> Steve
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS"
<TSOKAKIS@xxxx>
> wrote:
> > Try an example in Ind. builder mode:
> >
> > R=DEMA((C-O)/(H-L),30);Plot(R,"R",1,1);
> > COND0=R>=0 AND Ref(R,-1)<0;Z0=1+BarsSince(COND0);
> > AREA0=10*IIf(R>=0,Sum(R,Z0),0);Plot(AREA0,"BULL",5,2);
> > COND01=R<0 AND Ref(R,-1)>=0;Z01=1+BarsSince(COND01);
> > AREA01=10*IIf(R<0,Sum(R,Z01),0);Plot(AREA01,"BEAR",4,2);
> > Title="R="+
> > WriteVal(R,1.2)+", BULL="+
> > WriteVal(AREA0,1.2)+", BEAR="+
> > WriteVal(AREA01,1.2);
> > It is interesting.
> > DT
> > --- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS"
> <TSOKAKIS@xxxx>
> > wrote:
> > > Chuck,
> > > I have already created an indicator based on this (H-L)/(C-O)
> ratio.
> > > It gives interesting info for trend detection, duration and
> > strength
> > > and I will post it next week.
> > > Dimitris Tsokakis
> > >
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