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upsidetarget wrote:
> Thanks, Matt. I was just using a line, but the histogram looks great.
> I've found that this works best when it hits a high for a six month
> period - - a pullback will usually ensue. Even better, I would like
> to express the result as a percentage. i.e. 0 to 100 so that it can
> be read universally regardless of symbol.
>
> (for this indicator)
> Something like a %b but using the highest and lowest value of this
> indicator over the last 126 periods
>
> Michael
One method of doing this might in fact be just taking the RSI of the
indicator. I find that taking the RSI of most indicators means far more
than setting some arbitrary indicator value to generate a signal. You
can use the RSIa() function to get the RSI of any array.
Regards,
Matt
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