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I am trying to program an indicator but I cannot do it so I am hoping somebody can help me her.<o></o>
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The idea is very simple. It is a momentum indicator based on the following price patterns:<o></o>
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1) If today’s high & low above yesterday’s +25<o></o>
2) If todays high & low below yesterday’s -25<o></o>
3) If todays close above todays open +25<o></o>
4) If todays close below todays open -25<o></o>
5) If todays close is above yesterday’s close +25<o></o>
6) If todays close is below yesterday’s close -25<o></o>
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So you add the numbers above depending on which conditions are satisfied. You can then apply a moving average to it to smooth it.<o></o>
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If anyone can program this for me I would be very grateful.
<o></o>
Thanks<o></o>
Naj<o></o>
></o><o
></o>I am trying to program an indicator but I cannot do it so I am hoping somebody can help me her.<o
></o><o
></o>The idea is very simple. It is a momentum indicator based on the following price patterns:<o
></o><o
></o>1) If today’s high & low above yesterday’s +25<o
></o>2) If todays high & low below yesterday’s -25<o
></o>3) If todays close above todays open +25<o
></o>4) If todays close below todays open -25<o
></o>5) If todays close is above yesterday’s close +25<o
></o>6) If todays close is below yesterday’s close -25<o
></o><o
></o>So you add the numbers above depending on which conditions are satisfied. You can then apply a moving average to it to smooth it.<o
></o><o
></o>If anyone can program this for me I would be very grateful.
<o
></o>Thanks<o
></o>Naj<o
></o>