Knowledgebase:
HighMinusLow
Posted by Mohammad Rahhal, Last modified by Rawan Al Hourani on 16 June 2016 09:42 AM

Syntax

Public Function HighMinusLow(chart_ID As Long) As String

The High-Low Index is a breadth indicator based on Record High Percent, which is based on new 52-week highs and new 52-week lows.

The Record High Index equals new highs divided by new highs plus new lows. The High-Low Index is simply a 10-day SMA of the Record High Percent, which makes it a smoothed version of the Record High Percent.

Parameters

Key Description 
chart_ID Chart identifier, 0 is the current chart ,value of type Long

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.

Sample

Public Sub main()

AlertMessage (HighMinusLow(0)) 'Draws the indicator on chart and shows a message box with the indicator name.

End Sub


See Also


Back to VTL Client Script Index

(0 vote(s))
Helpful
Not helpful

Comments (0)
Post a new comment
 
 
Full Name:
Email:
Comments:
CAPTCHA Verification 
 
Please enter the text you see in the image into the textbox below (we use this to prevent automated submissions).

Help Desk Software by Hybrid Solutions