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

 

Hi Larry


I found the error in the code and now have the percent rank (for a 10 period) as 10%,20%........100% etc. 

Dividing by MA (the middle band as Bollinger calls it) is required to give the bandwidth. Percent Rank inst superfluous. 

As you mentioned relativity is though, just because it falls into the bottom 10% in size doesn't mean it is a squeeze. (as you pointed out) 

Easy to add another filter, just doing the research into what that should be.

Thanks for your posts, very helpful.

Cheers Adam

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Posted by: madwill26@yahoo.com.au
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