Hi Don,
I am pretty new to this but I will give it my best shot...
ThreeM=ROC(Close,63)*.4;
----- Original Message -----
From: Don Lindberg <[EMAIL PROTECTED]>
Date: Wednesday, September 6, 2006 8:07 pm
Subject: [amibroker] IBD Relative Strength
To: [email protected]
> I am trying to create an indicator that will mimic the Relative
> Strength Line from the IBD newspaper charts. Using the default
> RS in
> AmiBroker does not give same graph. I also use Worden's Tel-
> Chart,
> and I am able to get the indicator in TC to work correctly with
> the
> folowing formula:
> ((((C - C63) / C63) * .4) + (((C - C126) / C126) * .2) + (((C -
> C189) / C189) * .2) + (((C - C252) / C252) * .2))*100
>
> Now I am not a programmer, so I am not sure if the C above
> stands for
> Close or not. But I get the graph I want when I apply this
> formula, so
> that is good enough for me.
>
> Now my question is, can anyone adapt this indicator code for use
> in
> AmiBroker, so I can have an IBD Relative Strength Line in my AB
> charts
> as well?
>
> Any help would be appreciated.
>
>
>
>
__._,_.___
SixM=ROC(Close,126)*.2;
NineM=ROC(Close,189)*.2;
color=#0000ff>ROC(Close,252)*.2;
IBDrs=threem+sixm+ninem+Oneyear;
Plot
(ibdrs,"IBDrs",colorBlue,styleLine);----- Original Message -----
From: Don Lindberg <[EMAIL PROTECTED]>
Date: Wednesday, September 6, 2006 8:07 pm
Subject: [amibroker] IBD Relative Strength
To: [email protected]
> I am trying to create an indicator that will mimic the Relative
> Strength Line from the IBD newspaper charts. Using the default
> RS in
> AmiBroker does not give same graph. I also use Worden's Tel-
> Chart,
> and I am able to get the indicator in TC to work correctly with
> the
> folowing formula:
> ((((C - C63) / C63) * .4) + (((C - C126) / C126) * .2) + (((C -
> C189) / C189) * .2) + (((C - C252) / C252) * .2))*100
>
> Now I am not a programmer, so I am not sure if the C above
> stands for
> Close or not. But I get the graph I want when I apply this
> formula, so
> that is good enough for me.
>
> Now my question is, can anyone adapt this indicator code for use
> in
> AmiBroker, so I can have an IBD Relative Strength Line in my AB
> charts
> as well?
>
> Any help would be appreciated.
>
>
>
>
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