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Long Binary Wave

Formula for: MetaStock

indicator


 

 

Views:  1487

Added: July 11, 2007
 
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Tags: MetaStock, indicator
 
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fml(#1) - Daily Close vs High and Low Wave
if((C-L)/(H-L),>,.66 ,1, if((C-L)/(H-L),<,.38,-1,0))
fml(#2) - Price Oscillator Wave
if(ref(oscp(3,15,S,%),-1),<,0,1,0)

fml(#3) - Volume Oscillator Wave
if(oscv(1,50,S,%),>,50,1,0)

fml(#9) - Volatility Difference Wave
if(fml(#11),>=,1.00,1,0)

Long Binary Wave

fml(#1) + fml(#2) + fml(#3) +fml(#9)

 

 



Code:

Long Binary Wave

(if((C-L)/(H-L),>,.66 ,1, if((C-L)/(H-L),<,.38,-1,0))) +
(if(ref(oscp(3,15,S,%),-1),<,0,1,0)) +
(if(oscv(1,50,S,%),>,50,1,0)) +
(if((mov(H-L,1,S)/mov(H-L,20,S)),>=,1.00,1,0))


 





Source: http://www.guppytraders.com

 

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