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Maybe this is what you are looking for. This gives you a "1" if
there was an 8% closing price change since a bottom and a "0" since
an 8% change from a last top. It is like an 8% confirmed zigzag.
Perc:= Input("% Change?",1,34,8);
tr:=ValueWhen(1,Zig(C,perc,%)>Ref(Zig(C,perc,%),-1) AND
Ref(Zig(C,perc,%),-1)<Ref(Zig(C,perc,%),-2),Ref(Zig(C,perc,%),-1));
tr:=If( (C-tr)*100/tr>= perc ,tr,0);
tr:=If( tr=0, ValueWhen(1,tr<>0,tr), tr);
pk:=ValueWhen(1,Zig(C,perc,%)<Ref(Zig(C,perc,%),-1) AND
Ref(Zig(C,perc,%),-1)>Ref(Zig(C,perc,%),-2),Ref(Zig(C,perc,%),-1));
pk:=If((C-pk)*100/pk <=-perc ,pk, 0);
pk:=If( pk=0, ValueWhen(1,pk<>0,pk), pk);
res:=If(pk<>Ref(pk,-1), -1,
If(tr<>Ref(tr,-1), 1, 0));
res:=If(res=0,ValueWhen(1,res<>0,res),res);
res
Best regards,
Sylvain
--- In equismetastock@xxxxxxxxxxxxxxx, AMTEK KETMA <bullstrend@xxxx>
wrote:
>
> Can any one tell me how to code to achieve the following :
>
> Today's close is less than last highest close by 8%.
> eg.
>
> Day-1 Close = 80
> Day-2 Close = 95
> Day-3 Close = 100
> Day-4 Close = 95
> Day-5 Close = 98
> Day-6 Close = 90 (Want to Sell Here since the close is more
than 8% less than Day 3)
>
>
> Thanks
>
> AK
>
>
>
> ---------------------------------
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