Re: [amibroker] help with this AFL needed

[Rick Osborn <ricko@xxxxxxxxxx>]

Looks like part of Chaiken MoneyFlow indicator/

Try

CLV = ((Close - Low) - (High - Close)) / Nz((High - Low));

 

Best Regards
Rick

----- Original Message ----
From: przemyslawuk <przemyslawuk@xxxxxxxxxxx>
To: amibroker@xxxxxxxxxxxxxxx
Sent: Saturday, October 25, 2008 10:36:07 AM
Subject: [amibroker] help with this AFL needed

Why EMA(CLV,7) does not return a value?

CLV = ((Close - Low) - (High - Close)) / (High - Low) ;/calculates the
location of close in the current bar

COL=IIf(CLV> 0.50,6,IIf( CLV<-0.50, 4,3));
Plot(CLV,"Close Location Value",COL,2) ;

Plot( EMA(CLV,7)," EMA CLV",3);

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