Looks like part of Chaiken MoneyFlow indicator/ Try CLV = ((Close - Low) - (High - Close)) / Nz((High - Low));
Best Regards Rick ----- Original Message ---- From: przemyslawuk <[EMAIL PROTECTED]> To: [email protected] Sent: Saturday, October 25, 2008 10:36:07 AM Subject: [amibroker] help with this AFL needed Why EMA(CLV,7) does not return a value? CLV = ((Close - Low) - (High - Close)) / (High - Low) ;/calculates the location of close in the current bar COL=IIf(CLV> 0.50,6,IIf( CLV<-0.50, 4,3)); Plot(CLV,"Close Location Value",COL,2) ; Plot( EMA(CLV,7)," EMA CLV",3);
