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How are you using the directional oscillator?
Is it more of a divergence indicator?
I took Anthony's code and added a bar graph on the bottom-just makes
it easier for me to see it....
Best,
Brian
xx = (PDI(45)-MDI(45));
zz = (EMA(PDI(45)-MDI(45),20));
Plot(xx,"",colorgreen,8);
Plot(zz,"",colorred,8);
Title=Date()+" "+EncodeColor(colorBlue)+Name()+" "+FullName()
+"Directional Oscillator";
Buynow = xx > zz ;
SellNow = zz > xx;
Equity(1);
Plot(2, /* defines the height of the ribbon in percent of pane width
*/"Chebyshev Approximation v2",IIf( BuyNow, colorGreen, IIf( SellNow,
colorRed, 7 )), /* choose color*/styleOwnScale|styleArea|styleNoLabel,
-0.5, 100);
GraphXSpace =2;
--- In amibroker@xxxxxxxxxxxxxxx, "bruiserbbq" <bruiserbbq@xxxx> wrote:
> Thanks for coming to my aid once again Anthony....your a real
> treasure :-)
>
>
> Cheers Bruiser
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