DevRange

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Related Topics

 

 

Description

This formula calculates the deviation of ranges for a specified number of bars.

 

 

Formula

DevRange(SERIES, targetBar, Bars=3)=begin

  retval = DEV(Range($1, targetBar), Bars)

end

 

 

Parameters

SERIES

The SERIES directive makes this formula available as a Formula Study. SERIES refers to the instrument in a chart. SERIES does not become a study parameter.

 

targetBar

The bar, as oriented with the current bar, you want to evaluate.

 

Bars

The number of bars to evaluate. The default is 3.

 

 

Return Value

A deviation

 

 

Examples

...

  thisDev = DevRange($1, pnt1, 2)

...

 

 

Comments

This formula is used by the ThreeWhiteSoldiers, ThreeBlackCrows, and TwoCrows candlestick overlay studies.

 

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