RisingMA=MA(C,130)>REF(MA(C,130),-4); // this is saying the Moving avg for the close over 130 periods is higher than it was was 4 periods ago
--- On Wed, 5/7/08, upsidetarget <digimax@xxxxxxxxx> wrote:
From: upsidetarget <digimax@xxxxxxxxx> Subject: [amibroker] simple formula translation To: amibroker@xxxxxxxxxxxxxxx Date: Wednesday, May 7, 2008, 6:35 AM
Here is a formula in a program I use called ProTA:
IsRising(MA( 130,E),4)
This says: The 130 period exponential MA (closes) has been rising for 4 days
Can someone help me with how to express this in an Amibroker formula?
THanks
Michael
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