+1 888 340 6572

Tight & Narrow

Article/Author: “Range Breakout Trading in Treasury Bonds” by Alex Saitta, S&C Magazine, Traders Tips, 04/1995

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," ");


{COPYRIGHT C 1997, TECHNICAL ANALYSIS, INC.}