Hi,<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
<o></o>
I am trying to program an indicator but I cannot do it so I am hoping somebody can help me her.<o></o>
<o></o>
The idea is very simple. It is a momentum indicator based on the following price patterns:<o></o>
<o></o>
1) If today’s high & low above yesterday’s +25<o></o>
2) If todays high & low below yesterday’s -25<o></o>
3) If todays close above todays open +25<o></o>
4) If todays close below todays open -25<o></o>
5) If todays close is above yesterday’s close +25<o></o>
6) If todays close is below yesterday’s close -25<o></o>
<o></o>
So you add the numbers above depending on which conditions are satisfied. You can then apply a moving average to it to smooth it.<o></o>
<o></o>
If anyone can program this for me I would be very grateful.
<o></o>
Thanks<o></o>
Naj<o></o>
<o></o>
I am trying to program an indicator but I cannot do it so I am hoping somebody can help me her.<o></o>
<o></o>
The idea is very simple. It is a momentum indicator based on the following price patterns:<o></o>
<o></o>
1) If today’s high & low above yesterday’s +25<o></o>
2) If todays high & low below yesterday’s -25<o></o>
3) If todays close above todays open +25<o></o>
4) If todays close below todays open -25<o></o>
5) If todays close is above yesterday’s close +25<o></o>
6) If todays close is below yesterday’s close -25<o></o>
<o></o>
So you add the numbers above depending on which conditions are satisfied. You can then apply a moving average to it to smooth it.<o></o>
<o></o>
If anyone can program this for me I would be very grateful.
<o></o>
Thanks<o></o>
Naj<o></o>