Bear Power

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Bear_Power.efs  EFSLibrary - Discussion Board
  

File Name: Bear_Power.efs


Description:
Bear Power Indicator


Formula Parameters:

Notes:

Download File:
Bear_Power.efs




EFS Code:
/*********************************Provided By:      eSignal (Copyright c eSignal), a division of Interactive Data     Corporation. 2008. 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:            Bear Power Indicator Version:            1.0  10/15/2008Notes:Formula Parameters:                     Default:**********************************/function preMain(){    setStudyTitle("BBB Bear Power");    setCursorLabelName("Bear Power",0);    setDefaultBarFgColor(Color.red,0);    setDefaultBarThickness(2);}var xOpen  = null;var xHigh  = null;var xLow   = null;var xClose = null;var bInit  = false;function main(){var value = 0;    if(bInit == false){        xOpen  = open();        xHigh  = high();        xLow   = low();        xClose = close();        bInit = true;    }    var nOpen_0  = xOpen.getValue(0);    var nClose_0 = xClose.getValue(0);    var nClose_1 = xClose.getValue(-1);    var nHigh_0  = xHigh.getValue(0);    var nLow_0   = xLow.getValue(0);    if(nClose_1 == null) return;	if(nClose_0 < nOpen_0) 		if(nClose_1 > nOpen_0) 			value = Math.max(nClose_0 - nOpen_0, nHigh_0 - nLow_0); 		else  			value = nHigh_0 - nLow_0; 	else 		if (nClose_0 > nOpen_0)			if(nClose_1 > nOpen_0)  				value = Math.max(nClose_1 - nLow_0, nHigh_0 - nClose_0);			else				value = Math.max(nOpen_0 - nLow_0,nHigh_0 - nClose_0); 		else 			if(nHigh_0 - nClose_0 > nClose_0 - nLow_0)				if(nClose_1 > nOpen_0)  					value = Math.max(nClose_1 - nOpen_0,nHigh_0 - nLow_0);  				else						value = nHigh_0 - nLow_0;			else 				if(nHigh_0 - nClose_0 < nClose_0 - nLow_0)					if(nClose_0 > nOpen_0)						value = Math.max(nClose_0 - nLow_0,nHigh_0 - nClose_0);					else 								value = nOpen_0 - nLow_0; 				else					if(nClose_0 > nOpen_0)						value = Math.max(nClose_1 - nOpen_0,nHigh_0 - nLow_0); 					else						if(nClose_1 < nOpen_0)							value = Math.max(nOpen_0 - nLow_0, nHigh_0 - nClose_0); 						else 							value = nHigh_0 - nLow_0;	return value;}