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Hello All
Greetings
I need help in how to program the following interpretation (MS 9.1
EOD, Page 448, Aroon, Interpretation:Extreme) For Ref here is the
paragraph..
"A strong uptrend is indicated when the Aroon Up line persistently
remains between 70 and 100 while the Aroon Down line persistently
remains between 0 and 30. Likewise a strong downtrend is indicated
when the Aroon Down line persistently remains between 70 and 100 while
the Aroon Up line persistently remains between 0 and 30."
How many periods (Daily and Weekly) are required generally to define
the term "Persistently"?
Also, how to go about developing MS code for such a rule? I intend to
use it in explorer.
I would appreciate some kind help and/or guidance here.
regards
N
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