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% of days down-up in last 126 tds

Alfy · 2021-12-27T11:21:22+00:00

Good morning guys, does anyone know a way to build the % of down (close-close1) minus the % of up trading days (close-close1) of a stock over the last 126 trading days please? So for example, if a stock was down 35% and up 65% of the last 126 trading days, then the answer would be 0.35-0.65=-0.3 Thanks and happy holidays!

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% of days down-up in last 126 tds

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12/27/2021 at 12:21 PM #183874 quote

Alfy
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Good morning guys, does anyone know a way to build the % of down (close-close1) minus the % of up trading days (close-close1) of a stock over the last 126 trading days please? So for example, if a stock was down 35% and up 65% of the last 126 trading days, then the answer would be 0.35-0.65=-0.3

Thanks and happy holidays!

12/27/2021 at 1:46 PM #183878 quote
robertogozzi
Moderator

Legend
Not tested:
```
N           = 126
Up          = summation[N]((close - close[1]) > 0)
Down        = summation[N]((close - close[1]) < 0)
Total       = Up + Down
UPpercent   = Up   * 100 / Total
DOWNpercent = Down * 100 / Total
Difference  = UPpercent - DOWNpercent
Return Difference as “Difference”
```
when Difference > 0 UPs are greater than DOWNs, when < 0 it’s the other way round.

Alfy thanked this post
12/27/2021 at 2:32 PM #183879 quote

Alfy
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Thank you Roberto!
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% of days down-up in last 126 tds

ProBuilder: Indicators & Custom Tools

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This topic contains 2 replies,
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Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	12/27/2021
Status:	Active
Attachments:	No files

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% of days down-up in last 126 tds

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% of days down-up in last 126 tds

ProBuilder: Indicators & Custom Tools