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maybe this will help
NoUpDays = ValueWhen( Ref(numonth,1) OR BarIndex()==(BarCount-1),
Sum( Avg>=ddf, BarsSince(numonth)+1 ) ); // looks for when the next
bar is the numonth of the current bar is last of chart and sums the
bars
On 6/20/05, ricko8294_98 <ricko@xxxxxxxxxx> wrote:
> 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.
>
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>
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--
Cheers
Graham
http://e-wire.net.au/~eb_kavan/
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