2007 Oct: Tandem Studies On Market Movement – EFS

AccumulatedRRB.efs

File Name: AccumulatedRRB.efs

Description:
This study is based on the Oct 2007 article, Tandem Studies On Market Movement, by Dima Vonko.

Formula Parameters:
Color: blue
Thickness: 2

Notes:
The study contains formula parameters that may be configured through the Edit Studies option in the Advanced Chart to change the color and line thickness of the indicator. The final result of the indicator as outlined in the article has been multiplied by 100 for decimal display purposes in the Advanced Chart. The related article is copyrighted material. If you are not a subscriber of Stocks & Commodities, please visit www.traders.com.

Download File:
AccumulatedRRB.efs

EFS Code:

/***************************************Provided By :     eSignal (Copyright ) eSignal), a division of Interactive Data     Corporation. 2007. All rights reserved. This sample eSignal     Formula Script (EFS) is for educational purposes only and may be     modified and saved under a new file name.  eSignal is not responsible    for the functionality once modified.  eSignal reserves the right     to modify and overwrite this EFS file with each new release.    Description:  Tandem Studies On Market Movement              by Dima VonkoVersion 1.0  8/6/2007Notes:* Study requires version 8.0 or later.Formula Parameters:                     Default:Color                                   blueThickness                               2***************************************/function preMain() {    setStudyTitle("Accumulated Range Ratio Bull   ");    setShowTitleParameters(false);    setCursorLabelName("ARRB", 0);    var fp1 = new FunctionParameter("cColor", FunctionParameter.COLOR);        fp1.setName("Color");        fp1.setDefault(Color.blue);    var fp2 = new FunctionParameter("nThick", FunctionParameter.NUMBER);        fp2.setName("Thickness");        fp2.setLowerLimit(1);        fp2.setDefault(2);}// Global Variablesvar bVersion  = null;    // Version flagvar bInit     = false;   // Initialization flag// globals for PrimaryPhaseValue calculation:var xPrimary     = null;var firstBarLow  = null;var nPsum        = 0;var nPsum_1      = 0;// globals for SecondaryPhaseValue calculation:var xSecondary   = null;var firstBarHigh = null;var nSsum        = 0;var nSsum_1      = 0;function main(cColor, nThick) {    if (bVersion == null) bVersion = verify();    if (bVersion == false) return;        //Initialization    if (bInit == false) {        setDefaultBarFgColor(cColor, 0);        setDefaultBarThickness(nThick, 0);        xPrimary    = efsInternal("calcP");        xSecondary  = efsInternal("calcS");        bInit = true;    }        var nPrimaryPhase   = xPrimary.getValue(0);    var nSecondaryPhase = xSecondary.getValue(0);    if (nPrimaryPhase == null || nSecondaryPhase == null) return;    // AccumulatedRangeRatioBull    var nARRB = nSecondaryPhase / nPrimaryPhase;        return nARRB*100;}function calcP() {    if (getCurrentBarCount() == 1) {        firstBarLow = low(0);        nPsum = high(0) - firstBarLow;        nPsum_1 = nPsum;    } else {        if (getBarState() == BARSTATE_NEWBAR) {            nPsum_1 = nPsum;        }        firstBarLow = low(-1);        nPsum = nPsum_1 + (high(0) - firstBarLow);    }        return nPsum;}function calcS() {    if (getCurrentBarCount() == 1) {        firstBarHigh = high(0);        nSsum = firstBarHigh - low(0);        nSsum_1 = nSsum;    } else {        if (getBarState() == BARSTATE_NEWBAR) {            nSsum_1 = nSsum;        }        firstBarHigh = high(-1);        nSsum = nSsum_1 + (firstBarHigh - low(0));    }        return nSsum;}function verify() {    var b = false;    if (getBuildNumber() < 779) {        drawTextAbsolute(5, 35, "This study requires version 8.0 or later.",             Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,            null, 13, "error");        drawTextAbsolute(5, 20, "Click HERE to upgrade.@URL=http://www.esignal.com/download/default.asp",             Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,            null, 13, "upgrade");        return b;    } else {        b = true;    }        return b;}