|
PureBytes Links
Trading Reference Links
|
At 4:47 PM -0500 6/3/00, Clyde Lee wrote:
>
>But do I like the one with the bust in it better than
>the "correct" one.
At 11:03 AM -0500 6/3/00, Clyde Lee wrote:
>Here is an indicator that I wrote using his ideas.
>Note that I did a bit of flipping for display purposes.
>I'm not bothering with .ela since this is so simple.
>
>Avg = Average(c,Length);
>
>RMS = 0;
>for value1=0 to length-1 begin
> rms=rms+c*c;
>end;
>rms=SQUAREROOT(rms/length);
>
>Entropy=(Avg/iff(rms<>0,rms,.001)+1)*.5;
>
>Value1=-(Entropy-1);
>
>if Value1>0 then
> Plot1(Value1,"-ent")
>else
> Plot2(Value1,"+ent");
>
> Plot3(0,"0");
Trying to figure out what this does, I think it reduces to the following:
rms = length * C * C
rms = SQUAREROOT(length * C * C / length);
rms = C
Entropy = (Avg/C + 1) * 0.5 = 0.5 * Ave / C + 0.5
Value1 = -(Entropy - 1) = -(0.5 * Ave / C - 0.5) = - 0.5 * (Ave / C - 1)
Value1 = (C - Ave) / (2 * C)
Did I do this correctly?
Bob Fulks
|