Hi Baps3 period 50% = ( HHV(H , 3) + LLV(L,3) + C ) / 33 period...

  1. 1,044 Posts.
    Hi Baps

    3 period 50% = ( HHV(H , 3) + LLV(L,3) + C ) / 3

    3 period Support = ( ( HHV(H , 3) + LLV(L,3) + C ) / 3 ) -
    ( ( HHV(H , 3) - LLV(L,3) ) /2)

    3 period Resistance = ( ( HHV(H , 3) + LLV(L,3) + C ) / 3 ) +
    ( ( HHV(H , 3) - LLV(L,3) ) / 2 )

    5 day 50% = ( HHV(H , 5) + LLV(L,5) + C ) / 3

    5 Day R = ( ( HHV(H , 5) + LLV(L,5) + C ) / 3 ) +
    ( ( HHV(H , 5) - LLV(L,5) ) /2)

    5Day Support = ( ( HHV(H , 5) + LLV(L,5) + C ) / 3 ) -
    (( HHV(H , 5) - LLV(L,5) )/2)

    Put those into your MS indicator builder and apply them to your chart by manually adding the 6 indicators to the required chart, OR (Better), Make a default template that is applied automatically to each stock/index which includes your new indicators

    BUT BUT BUT,

    The indicators only give you the Dilernia levels for the CURRENTLY set periodicity (eg Daily, weekly, monthly etc), So to work out 3 WEEK Dilernia levels set your periodicity to "Weekly", to Get monthly set Periodicity to "Monthly", to Get quaterly, set to Quaterly, yearly etc.

    The 5 day Dilernia levels have to be viewed when periodicty is set to "Daily"

    Hope that helps
 
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