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[EquisMetaStock Group] Re: How to create a price channel with higher highs and higher lows


  • Date: Wed, 03 Mar 2010 05:49:56 -0000
  • From: "formulaprimer" <formulaprimer@xxxxxxxxx>
  • Subject: [EquisMetaStock Group] Re: How to create a price channel with higher highs and higher lows

PureBytes Links

Trading Reference Links

Try this:

Donchain Channels

===========================


Periods:= Input("Enter number of periods", 5, 200, 20);
UpperChannelLine:= Ref(HHV(HIGH, Periods), -1);
LowerChannelLine:= Ref(LLV(LOW, Periods), -1);
UpperChannelLine;
LowerChannelLine;
(UpperChannelLine + LowerChannelLine)/2;
{End}



--- In equismetastock@xxxxxxxxxxxxxxx, mingsum lioa <mlioa@xxx> wrote:
>
> Hi all,
> 
>   I want to build a indicator that will track highs and lows. I try to use the Higher High Value
> 
> function to track the Highs but do not know how to track the High lows.
> 
>   Can anyone offer some help?
> 
> Thanks 
> 
> CM
>




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