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HTLT INDICATOR - Metastock



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For Metastock, to obtain the 10 day, midpoint line of the highest high and
lowest low:

(  hhv(High,10) + llv(Close,10)  )  /  2

Then overlay this with a 1 day moving average of the Close as a way to
connect the closes.

Does anyone know of a way in Metastock to chart the the High/Low bars as BG
Hunt does in his .gif examples???

Thanks,

Steve

In a message dated 97-09-21 09:45:35 EDT, lkates@xxxxxxxxxxxxxxxxxxxx writes:

<<  from private communications I had with
 <bgh@xxxxxxxxxxx>, he intended that it be the midpoint between
 
 	(a) the highest high of the last 10 days, and 
 	(b) the lowest low of the last 10 days.  
 
 The last 10 days consists of today and the previous 9 days.  That is,
 
 	HTLT = ( max(H0,H1,...,H9) + min(L0,L1,...,L9) ) / 2
 
 where H0 is today's high, H1 is yesterday's high and so on.  Similarly,
 L0 is today's low, L1 is yesterday's low and so on.  
 
 HTLT, itself, is an acronym for High Ten Low Ten.
 
 Louis Kates
 lkates@xxxxxxxxxxxxxxxxxxxx
  >>