|
PureBytes Links
Trading Reference Links
|
Dave.
Thanks for pointing this out.
I will add a param function to this divisor and change per time frame as needed.
Seems like the positions of the price relative to the channels do not change too much.
Still need to wade through Leon Wilson's book to understand how he uses this.
Regards
ChrisB
Dave <davidwalshis@xxxxxxxxxxxx> wrote: 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
---------------------------------
Do you Yahoo!?
Get on board. You're invited to try the new Yahoo! Mail.
---------------------------------
I am using the free version of SPAMfighter for private users.
It has removed 358 spam emails to date.
Paying users do not have this message in their emails.
Try SPAMfighter for free now!
---------------------------------
Get your email and more, right on the new Yahoo.com
Content-Description: "AVG certification"
No virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.1.409 / Virus Database: 268.13.27/517 - Release Date: 11/3/2006
|