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I answered this already and provided the formula that implements the
math you posted in post 130599, right before your recent post. Didn't
the formula I provided not work?
Barry
--- In amibroker@xxxxxxxxxxxxxxx, "srj3inc" <faltu0@xxx> wrote:
>
> I need help to create this indicator.
>
> The %C indicator uses true range to measure trend strength, as fol-
> lows:
>
> 1. Add each bar's true range in the 14-bar look-back period.
>
> 2. Divide this running total by the largest one-day true range
> value of that look-backperiod.
>
> 3. Calculate the logarithm of the raw value from step 2.
>
> 4. Divide the result by the logarithm of the look-back
> period (14, in this case).
>
> 5. Multiply by 100.
>
> The following example uses 15-minute bars on the E-Mini Russell 2000
> futures. On Sept. 12 at noon, the run-ning total of the E-Mini
Russell
> 2000 futures' 14-bar true range was 47.3,and the largest one-bar
> true-range ofthe past 14 bars was 5. The %C reading
> would be:
>
> 1. 47.3/5 = 9.46.
> 2. log(9.46) = 0.9758.
> 3. log(14) = 1.1461
> 4. 0.9758/1.1461 = .8514
> 5. 0.8514*100 = 85.14
>
> How do I translate this to Amibroker?
> Thanks,
>
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