Farley`s ADA

[slavasvk]

Hello!
I search for indicator Farley ` s ADA, from book Alana Farley "The Master Swing Trader".

P.S. By the way very interesting indicator. If it have laid out on a site in KnnowledgeBase it could be useful to much.

I can lay out a code for Tradestation.

In advance I thank! (Excuse for English language)

[slavasvk]

Farley`ADA

Hello!
You in one of comments have shown as to make Farley ` s ADA, but unfortunately at Alana this indicator is drawn to little bit another. I attach drawing September 2000.

I was surprised to myself, but that You have written that in that post, at me it has turned out to reproduce. Thanks You for it.

If You want to help, I will be very grateful to You! This indicator very useful.


Whether it is possible instead of AccDis to make LWAccDis (Larry Williams)

A. Calculation LWAccDis
1. If C> C (-1), then LWAccDis=Close-TrueLow
2. If C <C (-1), then LWAccDis=Close-TrueHigh
3. If C=C (-1), then LWAccDis=0
(TrueLow = a floor price for n-days, TrueHigh = a ceiling price for n-days, C (-1) = closing 1 day ago)

B. Calculation TrueLow
1. C (-1) <L, TrueLow=prior Close
2. C (-1)> =L, TrueLow=current Low

C. Calculation TrueHigh
1. C (-1)> H, then TrueHigh=prior Close
2. C (-1) <=L, then TrueHigh=current High

Book The Master Swing Trader, head Farley ` s ADA.

[smeyer55]

slavasvk,

Here's an efs that generates Farley's ADA according to the formulas listed in the book.

Steve

[slavasvk]

Farley`s ADA

Hello!
Thanks big for the answer!
Your indicator is completely not similar to the first copy. Probably business in a trifle in the formula.
I attach drawing (IBM 2000)
In a question for some reason drawing was coded.
Thanks!

[smeyer55]

slavasvk,

After doing some further investigation, it appears the Larry Williams formula given in the book is incomplete. This version of the code gives you "smoother" results.

Steve

[smeyer55]

Ok, one more try....

This one seems to match your IBM plot.

Steve

[slavasvk]

Farley`s ADA

Thank you very much.
Fine so it is good to be able to program!
Thanks!

[smeyer55]

You are most welcome.

Steve