For me the only way to get this 1 : 1 working, is translating the spreadsheet. But as far as I can see that's his first version. And I tried the second one but failed because of what I am getting with that weird multiplier (1+ABS(x))^5 …
Kind regards, Ton.
----- Original Message -----Sent: Friday, April 01, 2016 5:07 PMSubject: Re: [amibroker] help with indicator please
"Compare" to arrive at a percent (%) to me means division with bullet 3 in numerator and bullet 4 in denominator. Problem is when I plot the numerator(b) it goes negative. When I look at the chart (see link) it looks like the authors indicator moves between 0 and 1. Something just doesn't look right.
Regards,
Alan
On 4/1/2016 5:40 AM, cam_111000@yahoo.com.au [amibroker] wrote:Hi I'm trying to translate the following and would appreciate help. http://qusma.com/2012/10/14/the-predictive-value-of-the-number-of-recent-updown-days-udidsri/
- If the day closes up, movement = 1, otherwise movement = -1.
- Multiply movement by (1 +abs( return))5
- Sum the movements for the last 20 days.
- UDIDSRI is the % rank of today's sum, compared to the last 50 days of sums.
I think I just need the last bullet point sorted. Not totally sure.
x = ROC(C,1);
m = IIf(x>0,1,-1);
a = m*(1+ABS(x))^5;
b = Sum(a,20);
UDIDSRI = ???
Plot(UDIDSRI ,"",colorBlack);
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Posted by: "Ton Sieverding" <ton.sieverding@scarlet.be>
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