Download: rangebrk.ela
File Includes:
ShowMe - Tight & Narrow
Signal - RangeBreakout
Category: ShowMe > Tight & Narrow
Description:
EasyLanguage Code:
VARS: COUNTER(0), TN(0);
TN=HIGHEST(HIGH,5)-LOWEST(LOW,5);
VALUE2=0;
FOR VALUE1=0 TO 4 BEGIN
VALUE2=VALUE2+(TN-RANGE[VALUE1]);
END;
IF TN*2>VALUE2 THEN PLOT1(HIGH," ");
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