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I have just joined the list and am a little behind the pack. I am trying
to learn EL and am interested in variations on a theme. I.e.,
accomplishing the same end result with different code. In reading the
last 100 issues on this list I saw that the following could be coded
differently but with the same end result. One advantage with the new
code is having different colors for the plots.
>>"J. Sallen" <pcourt@xxxxxxxxx>
>> This indicator counts consecutive closes up and down. Maybe someone can find a good use for it.
>At Tue, 17 Nov 1998 12:14:09 -0700 Gary Fritz wrote
>Hi Jack,
>Actually it looks to me like your indicator plots a summation of the ups and downs in the last Len bars -- >right? I've also added an extra plot that does compute the consecutive number of ups/downs. Notice this one >never has a value of zero, since it goes from "N down closes" to "1 up close" and vice versa.
>Vars: CCount(0);
>if (C > C[1]) then begin
if (CCount > 0)
then CCount = CCount+1
else CCount = 1;
end
>else begin
if (CCount < 0)
then CCount = CCount-1
else CCount = -1;
end;
>plot2(CCount, "CC2");
>plot3(0, "");
var: cnt(0), cnt1(0);
if c>c[1] then begin
cnt1=0;
cnt=cnt +1;
end else begin
cnt=0;
cnt1=cnt1-1;
end;
plot1(cnt, "");
plot2
-Wayne
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