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Breakout Range 2 for Metastock
maestro
over 13 years ago
Metastock

Rating:
3 / 5 (Votes 1)
Tags:
metastock

August 2000 TASC Traders’ Tip – The MetaStock code for the Breakout Range2,
by Mark Vakkur, M.D. The MetaStock code for the Breakout_Range2, by Mark Vakkur, M.D. is as follows

Indicator / Formula

Breakout Range 2
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lb:=4; { number of periods in look back }
event:=H > HHV(Ref(H,-1),lb);
If(event AND (Ref(BarsSince(event),-1)>=lb), Ref(BarsSince(event),-1), 0 )

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