RE: [EquisMetaStock Group] HELP on coding for Long White Candlestick, MetaStock Email Archive

This should help you.

H-L>Atr(5)*2 and ((C-O)/If(H-L=0,1,H-L))*100>70;

Code basically says that the Candle must be 2 times greater than the pervious 5 period Average True range (Change 5 to any other number you like) and that the body of the candle must make up at least 70% of the candle (change 70 to any other number you like).

Cheers.

Tim

From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx] On Behalf Of tradetester
Sent: Thursday, 26 May 2005 23:23
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] HELP on coding for Long White Candlestick

Does anyone know how to code for "Long White Candlestick" please?

I know I can use BigWhite() to get "Long White Candlestick", but what
I am looking for is its coding formula in Indicator Builder.

Many thanks!!

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