|
PureBytes Links
Trading Reference Links
|
What do you look for with it?
Dan
Adam Hefner wrote:
> The PLdot is a 3 bar average of what MetaStock calls the "Typical Price".
> The Typical price is simply the days (High+Low+Close) /3,
> So it could be written As Follows
>
> Sum(Ref(Typical(),-1),3),3)
> Do I use it? Yes.
>
> Adam Hefner
>
> ----- Original Message -----
> From: "Hengy" <hengy@xxxxxxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Monday, June 18, 2001 8:49 PM
> Subject: PLdot
>
> > Has anyone heard of the PLdot? It is the average of the high, low and
> close
> > for the past three bars. This is what I've come up with.
> >
> > ((H+L+C)/3)+((HHVBars(H,2)+ LLVBars(L,2)+(CLOSE -2))/3)+((HHVBars(H,3)+
> > LLVBars(L,3) +(CLOSE,-3))/3)/3. Has anyone tried setting it up or using
> it?
> >
> >
|