John Kosar Formula for: MetaStock indicator

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Added: June 29, 2007

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Tags: MetaStock, indicator

Can anyone help me with the proper "language" to construct a custom indicator that will plot the difference between the answers of 2 subtraction problems? I have MS 6.52.

Here's an example of what I want to do:

The difference between (O-H) and (L-C)

where the answer to the problem within each parenthesis could be a positive or negative number.

Suppose (O-H) and (L-C)
was (5-9) and (6-4)
which would be (-4) and (2)

the difference between them would be 6. This is what I'm trying to plot.

The plotted figure could never be less than zero, which would only be ifboth values within the parenthesis were the same. Can anyone help me withthis?

Thanks.

John
jk@xxxxxxxxxxxxx

Re: Need Custom Indicator Help

¡ To: <metastock@xxxxxxxxxxxxx>
¡ Subject: Re: Need Custom Indicator Help
¡ From: "Adam Hefner" <vonhef@xxxxxxxxxxxx>
¡ Date: Sat, 8 Jan 2000 10:46:52 -0600
¡ References: <200001081531.IAA16872@xxxxxxxxxxxxxxxxxx>
¡ Reply-To: metastock@xxxxxxxxxxxxx
¡ Sender: owner-metastock@xxxxxxxxxxxxx

John,
Hope this will help you:

Adam Hefner

Code:

Author: Adam Hefner
Source: http://purebytes.com/archives/metastock/

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