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Balance of Power


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Balance of Power

  #1 (permalink)
 
Successlife's Avatar
 Successlife 
Any part of the world.
 
Experience: Master
Platform: Iq feed- Ensign
Trading: ES
Posts: 68 since Jul 2009
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THanks for your time.
I want to have Balance of Power Indicator (worden Formula)
(CLOSE – OPEN) / (HIGH – LOW)
Any Help ?
thanks.

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  #2 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
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Successlife View Post
THanks for your time.
I want to have Balance of Power Indicator (worden Formula)
(CLOSE – OPEN) / (HIGH – LOW)
Any Help ?
thanks.

The easiest way to create this indicator is to use the Spreadsheet Study study.
After you add the study. give it a name in the Spreadsheet Name field.
Then put this formula in K3:
(E3-B3)/(C3-D3)
If you want absolute values, use this instead:
ABS(E3-B3)/ABS(C3-D3)

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  #3 (permalink)
 
Successlife's Avatar
 Successlife 
Any part of the world.
 
Experience: Master
Platform: Iq feed- Ensign
Trading: ES
Posts: 68 since Jul 2009
Thanks Given: 2
Thanks Received: 14


where is K3 ???

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  #4 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
Trading: YM ES NQ
Posts: 474 since Nov 2009
Thanks Given: 219
Thanks Received: 603


Successlife View Post
where is K3 ???

If you add the Spreadsheet Study study, a spreadsheet sheet will appear.
It might be behind the chart, so click on CW on the main menu, then click on the .scss spreadsheet file.

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  #5 (permalink)
 
Successlife's Avatar
 Successlife 
Any part of the world.
 
Experience: Master
Platform: Iq feed- Ensign
Trading: ES
Posts: 68 since Jul 2009
Thanks Given: 2
Thanks Received: 14

thanks I will try.

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Last Updated on January 25, 2018


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