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The issue is I want to handle the consecutive days.
For example, for those who have read Curtis Faith, I want to check if
my market is trending and quite as opposed to trending and violent.
That is having huge violent ups and downs.
In effect, I am trying to check, if its possible to use breakout rules
in Indian markets.
I am stuck here:
My code goes something like this:
LongTrigger= C>BBandTop(C,22,1.5);
if(LongTrigger==1)
{
//count the number of *consecutive* days when the closing prices
exceed the previous close
}
Additionally I will include more studies, into this, as to when it
indeed retraces, how much does it retrace.etc etc.
I am not able to find a way to implement the internal pseudocode
elegantly. Sum() and Cum() just counts the number of up down days in
some period.Not consecutively.
Looking for some insight and help
Soham
--- In amibroker@xxxxxxxxxxxxxxx, "Soham" <sohamdas@xxx> wrote:
>
> Hi guys,
>
> Although I am familiar with AFL but strangely finding myself not able
> to get my work done.
>
> I am having a requirement to:
>
> 1. Count the number of days,Close is above [or below] the bollinger band
> 2. And count the number of days for which it has trended in the same
> direction.
>
> I would additionally love to see, a standard histogram of trending days.
>
> Can you help me out?
>
>
> Soham
>
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