LongForm

Description

This function determines whether a bar qualifies as a long form. The LengthPercentage argument serves as a basis for comparison.

Formulas

LongForm(instrument, targetBar, LengthPercentage)=begin

  retval = NONUM

  pPercent = NONUM

  bLongForm = FALSE

  pRange = abs(RealBodyLen(instrument, targetBar))

  pClose = GetPrice(instrument, BATE_CLOSE, targetBar, 0)

  if pClose != NONUM then begin

    if Percentage(pRange,pClose) > LengthPercentage then bLongForm = TRUE

  end

  bLongForm

end

Parameters

instrument

An instrument.

targetBar

The index of the bar you want to evaluate. 0 is the current bar, 1 is the first bar back, etc.

Return Value

TRUE or FALSE

Examples

...

  if LongForm($1, targetBar, CLONGREAL) then begin

...

Comments

NA