Reply To: Breadth Risk On & Off

[Deepak]

Hii Sir,

When i applied below formula to spx it didnot match with number of signals as said in the article. Please see attached pic. Let me pose my question differently how u would have coded it for spx.

v1 = GETDATA(CODE=S5FI:BM); v2 = v1<65; v3 = CLOSE() < (HIGHESTHIGH(BARS=252) - (0.25/100) * HIGHESTHIGH(BARS=252)); v4 = v2 and v3; v5 = TIMESINCESIGNAL(v4) < 10; v6 = v1 CrossesBelow 50; v5 and v6

1 2 3 4 5 6 7 8 9

v1 = GETDATA(CODE=S5FI:BM); v2 = v1<65; v3 = CLOSE() < (HIGHESTHIGH(BARS=252) - (0.25/100) * HIGHESTHIGH(BARS=252)); v4 = v2 and v3; v5 = TIMESINCESIGNAL(v4) < 10; v6 = v1 CrossesBelow 50; v5 and v6