hi alltogether,
still I am a noob, so excuse...
I try to calculate a simple indicator.
Workshop 4a is already nice, but a bit for a beginner.
May someone assist?
Indicator formula is rather primitive, it is called "Psychology Line".
PSL=UpMovementsinthelastPeriodsn/Periodsn×100
I only got some Sierra Chart code
float Count = 0;
if (sc.GetBarHasClosedStatus(sc.Index) == BHCS_BAR_HAS_CLOSED) {
for (int ictr = 1; ictr <= (perioda); ictr++)
{
if (sc.Close[sc.Index] > sc.Close[sc.Index-ictr])
{
Count++;
}
}
PSL[sc.Index] = (Count / (perioda)) *100.0f;
}
else {
PSL[sc.Index] = PSL[sc.Index-1];
}