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Kevin,
You have no method of stopping the count. 13 non-consecutive occurrences
happens all the time and just continues to trigger on every day the
close < close 2 days ago. What "resets" the counter?
//Put into an indicator to see.
Lower2Days = C < Ref(C,-2);
Denmark = Cum(Lower2Days);
Plot(Denmark,"Denmark",1,styleStaircase);
//End
PS: I Googled and found nothing on this topic.
--
Terry
-----Original Message-----
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On
Behalf Of kevinoversby
Sent: Friday, December 09, 2005 10:55
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] DEMARK indicators - sequential and combo
Is there a nice way to program the demark countdown using a count
function or similar? I couldn't see one in the library.
Demark countdown:
Thirteen closes which are lower than the close two days earlier (not
consecutive)
Also, I notice the Demark REI is covered in one of the newsletters but
see no mention of the sequential or combo. Has there been any
discussion on these?
Thanks
Kevin
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