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This is what the AR_PLDot function in the AR_PLDot indicator should look like:
Var: PLD(0);
PLD =(H[1] + L[1] + C[1])/3 + (H[2]+L[2]+C[2])/3 + (H[3]+L[3]+C[3])/3;
AR_PLDot = (PLD/3);
Will leave it up to the originator to correct and post the .ela.
BR
At 07:24 AM 6/9/1999 -0400, The Omega Man wrote:
>
>Attached is the PLDot indicator described in Hearne's article... A little
>double-smoothed average "with a twist". His most interesting concept with
>this little indicator is that it linearizes price movements. Straight up,
>then straight down. Does it do that? If not, what would?
>
>
>All the best,
>
>The Omega Man
>
>
>
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