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/* I put an absolute on y to remove the huge spikes */
T = Param("Period",200,2,1000,1);
htf = HHV(H,T);
ltf = LLV(L,T);
x = (htf - Close)/htf;
y = abs(ltf - Close)/ltf;
momentum = y/ (y + x);
Plot(momentum,"Momentum", colorRed, styleLine | styleThick);
-------------- Original message --------------
From: "xxxringop" <xxxringop@xxxxxxxxx>
I need help coding the following formula:
htf = The high over the past 200 trading days
ltf = The low over the past 200 trading days
x = (htf - close)/htf
y = (ltf - close)/ltf
momentum = y/ (y + x)
I would like to be able to plot it on a graph and set up as an
exploration.
Thanks
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