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Messrs metastock,
I am trying to create a indicator for Extreme point reversal based on Percentage. It is used to trade on each reversal point catching the market just near it's highs and lows.
The EPR is calculated one day in advance, we use today's closing to get tomorrow's EPR %. The program should also have the flexibility to calculate daily and weekly behaviour simultaneously.
Has anyone tried this type program before, if yes please advise.
Thanks
praba.
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