Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 3/12/2012(UTC)
Posts: 44
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hi
i found this formula for a renko indicator but when i copy into new indicator it gives an error... any ideas?
K:= LastValue( Fml( "Bulli RenkBoxSize") ) ;
RenkoLine:=If(Cum(1)=1,CLOSE,
If(PREV>=0,
If(CLOSE<prev-2*K,-(PREV-2*K),
Floor(Max(C-PREV,0)/K)*K+PREV),
If(CLOSE>Abs(PREV)+2*K,-PREV+2*K,
Floor(Max(Abs(PREV)-C,0)/K)*K+PREV)));
RL:=Abs(RenkoLine);
RL;
BW:=If(Cum(1)=1,0,
If(RL>Ref(RL,-1),+1,If(RL<ref(RL,-1),-1,PREV)));
BW;0;
thx
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Rank: Advanced Member
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Joined: 7/25/2005(UTC)
Posts: 1,042
Was thanked: 57 time(s) in 54 post(s)
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Hi indexarb
The reason for the formula failure is probably that it expects to find the formula "Bulli RenkBoxSize" and can't. I also see that the "BW" variable does not generate an output, so that could be another problem waiting in the wings.
Roy
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 3/12/2012(UTC)
Posts: 44
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