Indicator not showing on whole data

Vonasi · 2018-06-07T17:08:26+00:00

I wrote this simple indicator to analyse average inner bar strength but when applied it does not show on all of the data. I am applying it to the FTSE100 UKX in the image shown. Can anyone explain why it only starts in about August 2014? Period = 2 a = Average[Period]((close-low)/(high-low))*100 return a,50,70,30 [attachment file=72579]

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06/07/2018 at 6:08 PM #72578 quote
Vonasi
Moderator

Master
I wrote this simple indicator to analyse average inner bar strength but when applied it does not show on all of the data. I am applying it to the FTSE100 UKX in the image shown.

Can anyone explain why it only starts in about August 2014?
```
Period = 2

a = Average[Period]((close-low)/(high-low))*100

return a,50,70,30
```
[attachment file=72579]

Screenshot_3-1.png
06/07/2018 at 6:28 PM #72581 quote

Nicolas
Keymaster

Legend

Problem the same for each security?

06/07/2018 at 6:56 PM #72586 quote

Vonasi
Moderator

Master

I will check. I have shut PRT down at the moment as I have been at anchor all day and so used quite a lot of my monthly data allowance!

Could you test it on your PRT UKX daily and see what you get?

06/07/2018 at 7:04 PM #72587 quote

Vonasi
Moderator

Master

Checked it on DAX SP500, DJI and all have the same issue or worse. Here is the DJI:

[attachment file=72588]

Screenshot_4.png

06/07/2018 at 7:24 PM #72590 quote
JC_Bywan
Moderator

Master
How about like this? It made a difference when I tested it on daily french index, haven’t tested others, but if it made the difference once, should do it on other instruments too…
```
Period = 2

x=(close-low)/(high-low)
 
a = Average[Period](x)*100
 
return a,50,70,30
```
Vonasi thanked this post
06/07/2018 at 7:56 PM #72591 quote

Vonasi
Moderator

Master

Thanks Noobywan. Funnily enough I was just thinking to try the same solution while I was washing-up the dishes – as the same idea of making it a variable solved a similar problem when someone was trying to average StrategyProfit in another thread yesterday.

There does seem to be some minor bugs when averaging certain things.

06/08/2018 at 8:00 AM #72617 quote
Nicolas
Keymaster

Legend
Another zero divide problem. Solved it with:
```
Period = 2

a = Average[Period]((close-low)/(Max(pointsize,high-low)))*100

return a,50,70,30
```
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