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Joined: 10/6/2005(UTC)
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I am trying to write translate a formula from another program which is Divergence(WilliamsR(23 periods), mov(close,3,simple),4%,13 days)
The other program specifies that the divergence remains true for 13 days. Metastock doesnt seem to have the same format, specifying only the percent divergence after the 2 diverging factors, and not specifying the number of days the divergence lasts.
How would i write the MS formula to specify the 13 day period in which the divergence remains tru? Many thanks
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Rank: Advanced Member
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Kidap
Alert("divergence formula",13); is the quick way to do it, assuming you have a divergence formula already. Other methods might be more appropriate, depending on how you construct the rest of your formula. The Alert() function extends a TRUE signal by "periods - 1" bars.
Roy
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 10/6/2005(UTC)
Posts: 51
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Thanks for the ideas- appreciate it
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