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Joined: 9/5/2011(UTC)
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Hi all!!
Im desperately looking for a Formula which gives me out an indicator that shows me how many Percentage-Points the actual Price is above the 50MA (on a weekly Scale).. i have found nothing on the net so far
I'd really appreciate if someone could give me a hand on this one!
Thanks in advance,
Aerosol
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Rank:: Advanced Member
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Joined: 5/13/2005(UTC)
Posts: 715
Location: Midwest, USA
Was thanked: 1 time(s) in 1 post(s)
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Set your chart's Periodicity to weekly. The indicator itself is pretty simple:
ma:=Mov(CLOSE,10,S);
(CLOSE-ma)/ma;
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 9/5/2011(UTC)
Posts: 2
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Thank You very much for your answer... but its not quite what im looking for.. what you gave me, gives: http://img31.imageshack....1/9899/screenshot1lt.png which does not quite seem to be right, since the spikes in the indocator dont relate the the spikes in price... ............ edit: ah i just realised that you gave me the Formula to create an indicator relating to the 10MA.. i changed it to 50, sow it seems right.. thanks again!
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