I answered this already and provided the formula that implements the math you posted in post 130599, right before your recent post. Didn't the formula I provided not work?
Barry --- In [email protected], "srj3inc" <fal...@...> wrote: > > I need help to create this indicator. > > The %C indicator uses true range to measure trend strength, as fol- > lows: > > 1. Add each bar's true range in the 14-bar look-back period. > > 2. Divide this running total by the largest one-day true range > value of that look-backperiod. > > 3. Calculate the logarithm of the raw value from step 2. > > 4. Divide the result by the logarithm of the look-back > period (14, in this case). > > 5. Multiply by 100. > > The following example uses 15-minute bars on the E-Mini Russell 2000 > futures. On Sept. 12 at noon, the run-ning total of the E-Mini Russell > 2000 futures' 14-bar true range was 47.3,and the largest one-bar > true-range ofthe past 14 bars was 5. The %C reading > would be: > > 1. 47.3/5 = 9.46. > 2. log(9.46) = 0.9758. > 3. log(14) = 1.1461 > 4. 0.9758/1.1461 = .8514 > 5. 0.8514*100 = 85.14 > > How do I translate this to Amibroker? > Thanks, >
