RE: [amibroker] TJ's Wilson Relative Price Channel

["Dave" <davidwalshis@xxxxxxxxxxxx>]

Hello Chris

 

You will need to edit the formula. .

Edit the 4 channels

 Ch1 = Close - Close * OB / 100; use for stocks

 Ch1 = Close - Close * OB / 1000; use for daily forex 

Ch1 = Close - Close * OB / 10000; use for intraday forex 

Then Ch2 etc

 Ch1 = Close - Close * OB / 10000; use for indexes

 

Rgds

Dave

 

-----Original Message-----
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf
Of kris45mar
Sent: Saturday, 14 October 2006 1:46 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] TJ's Wilson Relative Price Channel

 

Hello group.

http://www.amibroker.com/members/traders/07-2006.html references the above
indicator from Stocks and Commodities July 2006.

When I plot this in 4.86 on ASX stocks it plots fine.

When I plot this on Forex intra day data the price is compressed: see
attached.

If I change the Price plot to Styleownscale this does not seem right.

How can I fix this?

Regards

ChrisB

  

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