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[amibroker] Re: Help to create an indicator



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razzbarry, I apologize for overlooking your reply. I did try to see if
there was any, may be the refresh did not occur properly before my
re-post. 

I appreciate your help.

Thanks,



--- In amibroker@xxxxxxxxxxxxxxx, "Barry Scarborough" <razzbarry@xxx>
wrote:
>
> 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@> 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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