Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 8/23/2010(UTC)
Posts: 2
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Hello everyone,
I have no experience programming metastock, to tell you the truth I just bought it a few weeks ago and barely know how to use it but I do want to build a new indicator.
I want an indicator that shows (in terms of percentage) how far away the day's high is from the 80-day bollinger band. For example:
Day's High: 4.00
80-Day Bollinger Band: 4.25
New Indicator:
(4.25-4.00)/4.00 = 0.0625 x 100 = 6.25%
Seems pretty simple but I have no way how to go about doing it. Help is very much appreciated.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 5/25/2010(UTC)
Posts: 55
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I'm still just learning but I'll take a stab:
(BBandTop(C,80,S,2)-H)/H
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