fxcodebase-backup
Compare Prices
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=63908
Forum: 38 · Topic 63908 · 1 post(s)
Compare Prices
Apprentice · Tue Sep 27, 2016 11:25 am
Compare Prices
LUA Original: viewtopic.php?f=17&t=2162
Description:
This is a simple indicator based on the following formula using PRICE_CLOSE and Log Base 10 to Compare Prices:
Main[period] = Price[period]; Log[period] = Price[period] /(1+ Math.Log10(Price[period-shift]/Price[period]));
This indicator leaves the door open to work with the same concept using other type of price and/or Shift/Log properties in the formula.