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  • need help

    i am tring to find a study or in need to have one bulit
    here is the formula
    (( high - open ) + ( close - low )) / ( 2 * (high - low ))
    it is an oscillator that works best with 30 minute charts
    yet i would like to be ale to use it in all time frames
    according to what i have read it is an offshoot of a formual from
    george angle 3 day cycle .
    is there anyone familar with tis formula or able to create it ???
    any help would be appreciated as im not familiar with efs files
    so im lost when it comes to creating it
    thanks
    joe

  • #2
    joe
    In many cases studies like the one you are looking for can be easily written using the Formula Wizard. In this instance here is how you would need to write your equation in the Formula Wizard



    As you can see all I did was to add the appropriate parenthesis and bar index to each price series. This script will work on any chart interval.
    For instructions on how to use the Formula Wizard you may want to review this article in the EFS KnowledgeBase.
    If you are unfamiliar with programming in efs then you may find it to your benefit to learn to do that as it will enable you to take full advantage of the resources offered by the eSignal application. The best way is to start by reviewing the JavaScript for EFS video series and the Core JavaScript Reference Guide. Those will provide you with a thorough introduction to programming in JavaScript which is at the foundation of EFS. Then go through the EFS KnowledgeBase and study the Help Guides and Tutorials which will provide you with the specifics of EFS.
    Also try running some searches in these forums as the script you are looking for may have already been developed
    Alex


    Originally posted by fiboguy
    i am tring to find a study or in need to have one bulit
    here is the formula
    (( high - open ) + ( close - low )) / ( 2 * (high - low ))
    it is an oscillator that works best with 30 minute charts
    yet i would like to be ale to use it in all time frames
    according to what i have read it is an offshoot of a formual from
    george angle 3 day cycle .
    is there anyone familar with tis formula or able to create it ???
    any help would be appreciated as im not familiar with efs files
    so im lost when it comes to creating it
    thanks
    joe

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