[amibroker] Re: Help to understand PercentRank() ??

 

Having just had a second look at the code, using the PercentRank might be superfluous. In the code I have already standardized the squeeze by dividing the gap between the top and bottom BBands by the stock's moving average.


I think I forgot that I had done that.

PercentRank is still valid, it just might not be as necessary when comparing different securities to each other as that division step is a move towards normalization.

Larry

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Posted by: portfoliobuilder99@gmail.com
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