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Hi, I assume you want inside days to be 0.
1. The easy way:
Temp = IIf(Inside()==1,0,Max(H-Ref(H,-1),Ref(L,-1)-L));
Plot(Temp,"Temperature",4,1);
2. The less easy way:
Temp = IIf(H < Ref(H,-1) AND L > Ref(L,-1), 0, IIf((H -
Ref(H,-1))>(Ref(L,-1)- L),H-Ref(H,-1),Ref(L,-1)-L));
Plot(Temp,"Temperature",4,1);
Mark
--- In amibroker@xxxxxxxxxxxxxxx, "dtfreak1025" <dtfreak1025@xxxx> wrote:
> Hi Group;
> I am trying to get the following Windows on Wall St.
> formula into AmiBroker.
>
> if(hi<ref(hi-1)and lo>ref(lo,-1),0,if ((hi - ref(hi,-1))>
> (ref(lo,-1) - lo), hi -ref(hi,-1), ref(lo,-1) - lo))
>
> The Formula is:
>
> Temperature = the greater of either (HIGHtoday - HIGHyesterday)or
> (LOWyesterday - LOWtoday)
>
> Elders' Market Thermometer measures how far the most extreme point of
> today,either high or low, protrudes outside of yesterdays range.The
> greater the extension of todays bar outside of yesterday's, the
> higher the Market temperature.
>
>
> Any help would be appreciated
> TIA to all.
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