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How does Elder define a safezone Stop?
Thanks
--- In amibroker@xxxxxxxxxxxxxxx, "russ_shor" <russ_shor@xxxx> wrote:
> Hi all
>
> I'm trying to chart Elder's Safezone Stop. This is what I've got so
> far:
>
> B=Low;
> B1=Ref(Low,-1);
>
> Y=IIf(B>B1,B-B1,0);
> Y1=Sum(Y,10);
> Y2=IIf(B1<B,1,0);
> Y3=Sum(Y2,10);
> Y4=Y1/Y3;
> Y5=B-(2*Y4);
>
> I'm having trouble with Y1: summing "B-B1" from Y, and trouble with
> Y3: summing the variable's true value. Any suggestions?
>
> Thanks very much.
>
> Russ
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