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Hi Tuly,
Is this what you want?
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Market Thermometer
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If((H<Ref(H,-1) AND L>Ref(L,-1)), 0,
If(((H - Ref(H,-1)) > (Ref(L,-1) - L)),
H - Ref(H,-1), Ref(L,-1) - L))
I'm not sure what it is supposed to do, I copied the formula from Dr. Elder book.
Hope it helps.
Eduardo
tulyseal <tulyseal@xxxxxxxxx> wrote:
Hello Everybody,
Can somebody provide me the "Market Thermometer" indicator of
Dr.Alexander Elder? Thank you.
Tuly
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