[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] Re: Clayburg's Market Direction Indicator



PureBytes Links

Trading Reference Links

Without any testing, just a quick line for an idea:

NoUpDays = sum(avg >= DDF, barsince(numonth)+1);


--- In amibroker@xxxxxxxxxxxxxxx, "ricko8294_98" <ricko@xxxx> wrote:
> I have been beating my brains out for a couple of days trying to 
> solve what seems to be a simple problem.
> 
> I want to build John Clayburg's Market Direction Indicator. But 
since 
> I only have EOD right now, I want to apply it to monthly data for 
now.
> 
> Here is what I can do
> 
> numonth = Month() != Ref(Month(),-1);  // start of a new month
> nuopen = ValueWhen(numonth,O);  // the Open on the first day each 
mo.
> nuclose = ValueWhen(numonth,C); // the Close on the first day each 
mo.
> DDF = (nuopen + nuclose)/2;  // Directional Day Finder
> Plot(DDF,"DDF",colorYellow,1); // plots the DDF
> 
> So far so good.
> Here is what I can't figure out.
> 
> I want to know the number of days [lets call it NoUpDays] in each 
> month that the "avg" - [or (H+L+C)/3] is equal to or higher than 
the 
> DDF for that month, and then reset to zero at the start of the next 
> month.
> 
> Any help would be most appreciated
> 
> tia
> Rick




Please note that this group is for discussion between users only.

To get support from AmiBroker please send an e-mail directly to 
SUPPORT {at} amibroker.com

For other support material please check also:
http://www.amibroker.com/support.html

 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/amibroker/

<*> To unsubscribe from this group, send an email to:
    amibroker-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/