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from VERSION 4.49.0
new Percentile function
Percentile( array, period, rank )
rank is 0..100 - defines percentile rank in the array
Example:
Volume > Percentile( Volume, 100, 70 );
means: current day volume ranks within TOP 30% of volumes of last 100
bars (is above 70th percentile)
a.
In this " last 100 bars" is the very last bar included ?
I see from
x=StochD();Plot(x,"",2,1);
y=Percentile( x, 10, 100 );
Plot((x>y)*x,"",4,2);
Plot(1.2*(x==HHV(x,11))*x,"",5,2);
the equivalence of bars with HHV(x,11) instead of HHV(x,10).
Is Percentile( x, 10, 100 ) the top of the last 10 x ?
b.
What is the interpretation of Percentile( x, 10, 50 ) ?
The inequality above example does not help me understand, I try to
explain the result of
y= Percentile( x, 10, 50 );
Any explanation appreciated.
c.
I can not also understand in
x=Cum(1);Plot(x,"",2,1);
y=LastValue(Percentile( x, 10, 50 ));
Plot(y,"",4,1);
[with Lastvalue(Cum(1)) equal to 940]
the y=934.5 [??]
TIA
Dimitris Tsokakis
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