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Re: [RT] Band study



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Greetings Traders:

Would someone be kind enough to convert the following code into ELA file for
me?  I couldn't use Power Editor in my home computer as  I only have
Superchart in it.  Thanks and regards.

Have a good one
Jeff Harteam
Hong Kong

Prosper wrote:

> Here is research dept code for the bands that can be adjusted via inputs
> for other securities.
>
> Prosper
>
> Inputs: Pcnt1(1.025),Pcnt2(.975),Offset(1);
>
> vars:bandup(0),banddn(0),av(0);
>
> av=average(c,21);
> bandup=av*Pcnt1;
> banddn=av*Pcnt2;var:
>
> aa(0),bb(0),cc(0),dd(0);
>
> if c > bandup and c[2]<bandup then value1=1;
> if value1= 1 then begin plot4(H+offset,"break");
> aa=aa+1;
>
> Print(File("C:\xitami\root\mod\SPBand.txt"),d:6:0,", ",c:3:2,",
> C>UpperBand",", ","L>MiddleBand, ",aa:0," Days");
> print(d:6:0,", ",c:3:2,", C>UpperBand",", ","L>MiddleBand, ",aa:0,"
> Days");end;
> if l<=av then value1=0;
> if l<=av then aa=0;
>
> if c < banddn and c[2]>banddn then value2=1;
> if value2= 1 then begin plot4(l-offset,"break");
> bb=bb+1;
>
> Print(File("C:\xitami\root\mod\SPBand.txt"),d:6:0,", ",c:3:2,",
> C<LowerBand",", ","H<MiddleBand, ",bb:0," Days");
> print(d:6:0,", ",c:3:2,", C<LowerBand",", ","H<MiddleBand, ",bb:0,"
> Days");end;
> if h>=av then value2=0;
> if h>=av then bb=0;
>
> plot1(av,"21MA");
> plot2(bandup,"bandup");
> plot3(banddn,"banddn");
>
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>
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