Coding close relative to the daily range

[Anonymous]

Hi everyone,

What I am trying to do is make a buy signal condition on the close being within a certain part of the daily range. As an example, the close must be within the top 1/4 of the daily range.

Does anyone know the best way to do this?

This dosn’t work as high can equal the close, thus returns zero.

Cond = (High-Close)/(High-Low) <= 0.25 Best I could think of was this. Cond = (High-(Close*0.999))/(High-Low) <= 0.25 Thanks Oliver

[Stephen James]

I just copied this off one of my scans but you can adapt it:-

Spread = H-L;
StrongClose = C >= (L + (Spread * 75)/100);

[Anonymous]

Thanks Craig

[Author]

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