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GermanSQTrueRange of SQ3.8.1
3 replies
eastpeace
Customer, bbp_participant, community, sq-ultimate, 305 replies.
8 years ago #113875
Hello, Mark,
Could you please provide the custom indicator, SQTrueRange?
I can’t find this even I re-ipmort ELD file to MC.
eastpeace
Customer, bbp_participant, community, sq-ultimate, 305 replies.
8 years ago #131142
Nobody using the truerange indicator?
I think TrueRange means , MAX(MAX((HIGH-LOW),ABS(REF(CLOSE,1)-HIGH)),ABS(REF(CLOSE,1)-LOW)).
But what does SQTrueRange(86) mean?
Mark Fric
Administrator, sq-ultimate, 2 replies.
8 years ago #131146
sorry about it, the function should be there. Here is the SQTrueRange function for Tradestation:
inputs:
Period( numericsimple );
vars: periodBefore(0), first(0), second(0);
periodBefore = Period – 1;
if(High[periodBefore] > Close[Period]) then begin
first = High[periodBefore];
end Else begin
first = Close[Period];
end;
if(Low[periodBefore] < Close[Period]) then begin
second = Low[periodBefore];
end Else begin
second = Close[Period];
end;
SQTrueRange = first – second;
Mark
StrategyQuant architect
eastpeace
Customer, bbp_participant, community, sq-ultimate, 305 replies.
7 years ago #139731
SQTrueRange(86) = TrueRange[85]
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