[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] Clayburg's Market Direction Indicator



PureBytes Links

Trading Reference Links

I have been beating my brains out for a couple of days trying to 
solve what seems to be a simple problem.

I want to build John Clayburg's Market Direction Indicator. But since 
I only have EOD right now, I want to apply it to monthly data for now.

Here is what I can do

numonth = Month() != Ref(Month(),-1);  // start of a new month
nuopen = ValueWhen(numonth,O);  // the Open on the first day each mo.
nuclose = ValueWhen(numonth,C); // the Close on the first day each mo.
DDF = (nuopen + nuclose)/2;  // Directional Day Finder
Plot(DDF,"DDF",colorYellow,1); // plots the DDF

So far so good.
Here is what I can't figure out.

I want to know the number of days [lets call it NoUpDays] in each 
month that the "avg" - [or (H+L+C)/3] is equal to or higher than the 
DDF for that month, and then reset to zero at the start of the next 
month.

Any help would be most appreciated

tia
Rick






Please note that this group is for discussion between users only.

To get support from AmiBroker please send an e-mail directly to 
SUPPORT {at} amibroker.com

For other support material please check also:
http://www.amibroker.com/support.html

 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/amibroker/

<*> To unsubscribe from this group, send an email to:
    amibroker-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/