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August 2000 TASC Traders' Tip - The MetaStock code for the Breakout Range2, by Mark Vakkur, M.D The MetaStock code for the Breakout_Range2, by Mark Vakkur, M.D. is as follows.: To create the custom indicator select Indicator Builder from the Tools menu, click New and enter the following code: |
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Breakout Range2 lb:=4; { number of periods in look back } event:=H > HHV(Ref(H,-1),lb); If(event AND (Ref(BarsSince(event),-1)>=lb), Ref(BarsSince(event),-1), 0 ) |
Cheryl C. Abram, Equis International, Inc.
Source / From:
http://www.equis.com
