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60 day New High New Low on Double Volume binary Indicator
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Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT
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This indicator plots a 1 when a stock makes a New 60 day High on Double Volume and -1 when it makes a new 60 day low on double volume
nh:=H>Ref(HHV(H,60),-1);
nl:=L<Ref(LLV(L,60),-1);
DV:=V>Ref(V,-1)*2;
If(nh AND DV,1,If(nl AND DV,-1,0))
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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nice....
same function - different code:
NH:=H>Ref(HHV(H,60),-1);
NL:=L<Ref(LLV(L,60),-1);
DV:=V>Ref(V,-1)*2;
DV*(NH-NL)
I find this 'nicer' code than a whole pile of nested if() statements.
wabbit :D
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60 day New High New Low on Double Volume binary Indicator
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