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aerosol11  
#1 Posted : Monday, September 5, 2011 7:38:49 AM(UTC)
aerosol11

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Joined: 9/5/2011(UTC)
Posts: 2

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
jjstein  
#2 Posted : Monday, September 5, 2011 9:40:31 AM(UTC)
jjstein

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Joined: 5/13/2005(UTC)
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Location: Midwest, USA

Was thanked: 1 time(s) in 1 post(s)
Set your chart's Periodicity to weekly. The indicator itself is pretty simple:

ma:=Mov(CLOSE,10,S);
(CLOSE-ma)/ma;


aerosol11  
#3 Posted : Monday, September 5, 2011 12:02:51 PM(UTC)
aerosol11

Rank: Newbie

Groups: Registered, Registered Users
Joined: 9/5/2011(UTC)
Posts: 2

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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