RE: [amibroker] TJ's Wilson Relative Price Channel

[kris45mar]

Dave.Thanks for pointing this out.I will add a param function to this divisor and change per time frame as needed.Seems like the positions of the price relative to the channels do not change too much.Still need to wade through Leon Wilson's book to understand how he uses this.RegardsChrisBDave <[EMAIL PROTECTED]> wrote:                      Hello Chris     You will need to edit the formula. .  Edit the 4 channels   Ch1 = Close - Close * OB / 100; use for stocks   Ch1 = Close - Close * OB / 1000; use for daily forex   Ch1 = Close - Close * OB / 10000; use for intraday forex   Then Ch2 etc   Ch1 = Close - Close * OB / 10000; use for indexes     Rgds  Dave     -----Original Message----- From: amibroker@yahoogroups.com [mailto:[EMAIL PROTECTED] On Behalf Of kris45mar Sent: Saturday,  14 October 2006 1:46  AM To: amibroker@yahoogroups.com Subject: [amibroker] TJ's Wilson Relative Price Channel           Hello group.  http://www.amibroker.com/members/traders/07-2006.html references the above indicator from Stocks and Commodities July 2006.  When I plot this in 4.86 on ASX stocks it plots fine.  When I plot this on Forex intra day data the price is compressed: see attached.  If I change the Price plot to Styleownscale this does not seem right.  How can I fix this?  Regards  ChrisB            Do you Yahoo!? Get on board. You're invited to try the new Yahoo! Mail.      I am using the free version of SPAMfighter for private users.It has removed 358 spam emails to date.Paying users do not have this message in their emails.Try SPAMfighter for free now!    
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