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[amibroker] Re: Dimensionally Coherent Relative Strength



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--- In amibroker@xxxxxxxxxxxxxxx, "MarkF2" <feierstein@xxxx> wrote:
> To get into mathematical discussions about this is a waste of time. 
> It would require precise definitions and could even degenerate into
> the posting of formal proofs.  Is that what this forum is about?

I don't want to make this discussion too long but if you make a
general statement, such as what you did, you also need to explain it
in general terms to hold it as valid.
 
> Instead, simply make a group in your database with two files of test
> data... one would contain "real" historical data and the second
would
> contain the *price data* (O,H,L,C) from the real file miltiplied by
a
> constant that is not equal to 1.  Then put up the original angle
> indicator and toggle back and forth between the two data files if
you
> want a visually compelling example of incoherency.  You'll also
have a
> tool to easily test any other theories about which indicators or
> systems are dimensionally coherent.

As Fred already said you should use *log scale* if you want to
mantain the increment rate indipendent from the unit of misure.
Try to plot this
Plot(C, "", 1, 1);
Plot(2*C, "", 1, 1);
in a logaritmic chart and trace the parallel lines. You will have the
same angles.

Franco


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