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Steve/
The formulas in A.J.Maas post "Re: DeMark Indicators" were in MS 5.0
code, with many commas. Translated into v.6.5 the following should do
it.
DeMark Indicator
Sum(If(H>Ref(H,-1),H-Ref(H,-1),0),13)/
(Sum(If(H>Ref(H,-1),H-Ref(H,-1),0),13)+
Sum(If(L>=Ref(L,-1),0,Ref(L,-1)-L),13))
REI Indicator
Var1:=If(Ref(H,-2)<Ref(C,-7),
If(Ref(H,-2)<Ref(C,-8),
If(H<Ref(L,-5),
If(H<Ref(L,-6),
0,1),1),1),1);
Var2:=If(Ref(L,-2)>Ref(C,-7),
If(Ref(L,-2)>Ref(C,-8),
If(L>Ref(H,-5),
If(L>Ref(H,-6),
0,1),1),1),1);
SubValues:=Var1*Var2*(H-Ref(H,-2))+Var1*Var2*(L-Ref(L,-2));
AbsDailyVal:=Abs(H-Ref(H,-2))+Abs(L-Ref(L,-2));
REI2:=Sum(SubValues,8)/Sum(AbsDailyVal,8);
REI2
Harvey Pearce, Victoria, B.C., Canada
=====================================
Steve Karnish wrote:
>
> Ton,
> When I put in DeMark's REI formula...MS rejects the "VAR1" with:
> {This character is invalid when used in this manner at this
> location}. What gives? I know I'm an idiot when it comes to
> simple programming, but I copied the formula and I'm really good
> at typing things in exactly.
>
> Thanks in advance,
> Steve Karnish
> CCT
>
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