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Correct.
The code below may make it easier to understand.
---8<-----------
{ Variables }
PerCentCh:=2;
pds:=150;
{ SMA }
sma:=Mov(C,pds,S);
{ SMA x% lower }
smaX:=sma*(1-PerCentCh/100);
{ Binary signal }
Cross(smaX,C)
---8<-----------
jose '-)
--- In equismetastock@xxxxxxxxxxxxxxx, "Robert Jolley" <rjolley@xxxx>
wrote:
> Is this code correct for cross 2 percent below
> the 150-day moving average?
>
> cross(.98*(mov(c,150,s)),c )
>
>
> Robert Jolley
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