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henry1224  
#1 Posted : Friday, April 8, 2005 1:32:06 AM(UTC)
henry1224

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT

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This indicator plots 4 lines, start from the far left and color the first line lime green, the second line dark green,the third line is red, and the last line should be colored blue P1:=Mov(((C-LLV(L,5))/(HHV(H,5)-LLV(L,5)))*100,3,E); P2:=Mov(((C-LLV(L,10))/(HHV(H,10)-LLV(L,10)))*100,3,E); P3:=Mov(((C-LLV(L,15))/(HHV(H,15)-LLV(L,15)))*100,3,E); P4:=Mov(((C-LLV(L,20))/(HHV(H,20)-LLV(L,20)))*100,3,E); A1:=Mov(((P1-LLV(P1,5))/(HHV(P1,5)-LLV(P1,5)))*100,3,E); A2:=Mov(((P2-LLV(P2,10))/(HHV(P2,10)-LLV(P2,10)))*100,3,E); A3:=Mov(((P3-LLV(P3,15))/(HHV(P3,15)-LLV(P3,15)))*100,3,E); A4:=Mov(((P4-LLV(P4,20))/(HHV(P4,20)-LLV(P4,20)))*100,3,E); A1;A2;A3;A4; you will see over bought and oversold areas at 95 and 5
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