It works as long as High does not equal Low.
Otherwise you get DIVISION BY ZERO, which yields infinity! 

Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message ----- 
From: "przemyslawuk" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Saturday, October 25, 2008 3:36 PM
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);
> 
> 
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