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No - this is not general enough over x lookback days, and neither
does it give any indication as to the amount of accelaration.
Cheers
--- In amibroker@xxxxxxxxxxxxxxx, "Graham" <gkavanagh@xxxx> wrote:
> Is this what you are looking for ?
>
> RateOfChange = ( ( C-ref(C,-1) )/ref(C,-1) ) - ( ( ref(C,-1) - ref
(C,-2) )
> /ref(C,-2) );
>
> Cheers,
> Graham
> http://groups.msn.com/ASXShareTrading
> http://groups.msn.com/FMSAustralia
>
>
> -----Original Message-----
> From: sidleysh [mailto:steves@x...]
> Sent: Thursday, 25 September 2003 4:13 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] rate of change/acceleration
>
>
> I am trying to find a way to find out whether, and how much, a
chart
> has accelerted over the previous period. This is not ROC, but more
> true 'rate of change' in a differential calculus sense.
>
> IN other words - if diff between close today snd close yesterday >
> close yesterday and the day before, then the close prices are
> ACCELERATING up over the last 3 days.
>
> Can anyone think up a general way to code this?
>
>
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