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Bob
Just tried it - works perfectly. Thanks.
VT
----- Original Message -----
From: "Bob Fulks" <bfulks@xxxxxxxxxxxx>
To: "Virgin Trader" <virgin_trader@xxxxxxxxxxx>
Cc: "omega list" <omega-list@xxxxxxxxxx>
Sent: Sunday, July 08, 2001 4:20 PM
Subject: Re: Indicator code
> Sorry. I misunderstood what you were looking for. Since you seem to
> want to know what percentage of the past prices are within a band
> around the current price, there is no easy way except by searching
> back. Something like this should work (untested):
>
> {Find band values for this bar}
> level = close;
> topband = level + band / 2;
> bottomband = level - band / 2;
> Count = 0;
>
> {Count number of occurrences during past Length bars)
> for j = 1 to Length begin
> Condition1 = Close[j] < topband and Close[j] > bottomband;
> if Condition1 then Count = Count + 1;
> end;
> {Figure percentage}
> significance = 100 * Count / Length;
>
> Bob Fulks
>
> --
>
>
>
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