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Date/Time: Fri, 03 May 2024 00:59:14 +0000



NumBars Finish% troubles

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[2015-02-10 10:14:54]
jivetrader - Posts: 386
correct me if i am wrong but the Sierra calc for SG35 seems to be ABSVAL((LAST-HIGH)/HIGH)*100

however the ABSVAL destroys the ability to distinguish upper vs lower "wicks" (the wick being the (LAST-HIGH) difference).

it would be more helpful if it retained polarity as SG34 (Finish delta) does. this would require determining which is the larger wick, (high-last) or (last-low) and perhaps multiplying by -1 if the latter is larger. if the lower wick is larger, the sign should be negative. this is how it is with SG34. but SG35 is not consistent and arguably useless for determining signal direction.

thank you for considering.






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