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hello,.,.
need some help on one indicator
 
                                   Net PriceChange
ER = -------------------------------------------------------------
              Sum of price changes as positive values

Efficiency Ratio
TimePeriods := Input("Time periods",1,10000,10);
(Abs(CLOSE - Ref(CLOSE,-TimePeriods))) /
(Sum(Abs(CLOSE-Ref(CLOSE,-1)),TimePeriods))
 
i wnat to use this formula as filter,,which gives me alert to buy when the  curve value is -0.5or less...and sell signal when curve value is +0.5 or greater,,,in both eod /and intra
 
renu
 


RENU DAGA

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