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In a message dated 01/11/2000 6:54:24 AM Eastern Standard Time,
marcodo1@xxxxxxxxx writes:
<< has somebody coded balance point steps , dynamic
balance point etc. indicators according to the
R.Krausz article published in a past issue of Stocks
and Commodities magazine and is available to share it?
(This indicators are inluded in the krausz's Fibonacci
Trader program).
>>
Marco,
I did up this indicator from the articles in TASC. It's close but not exact.
Kelly
Inputs: daysago(1), envper(2);
Value1=(HighD(daysago)+LowD(daysago)+CloseD(daysago))/3;
Value2=Value1*(envper/100);
Value3=Value2+Value1;
Value4=Value1-Value2;
Value5=(((highd(1)+lowd(1)+closed(1)))+((highd(2)+lowd(2)+closed(2)))+((highd(
3)+lowd(3)+closed(3)))+((highd(4)+lowd(4)+closed(4)))+((highd(5)+lowd(5)+close
d(5))))/15;
If currentbar>70 then begin;
If DayOfWeek(currentdate)<=6 then plot1(value1,"Balance");
Plot2(Value5,"DBP");
Plot3(Average(Value5,5),"Avg");
end;
Attachment Converted: "f:\eudora\attach\Dmtf.ela"
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