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multiply value of indicator - assign to variable

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    multiply value of indicator - assign to variable

    I want to create a comparison to see if current volume is at least 1.6 times greater than the 13-period VOLMA.
    Is there a way to include the *1.6 directly in the comparison?
    Or do I need to multiply the indicator's value and assign the result to a variable to be later used for the comparison??

    ex.
    (Volume[0] > (VOLMA(13)[0] * 1.6))

    VOLMA(13)[0] *1.6 = "myvariable"

    Thanks
    Last edited by rangerdoc; 11-22-2010, 09:38 PM.

    #2
    rangerdoc, both variants should work, though working it directly into the comparison would achieve the same result with less code.

    Comment


      #3
      For some reason, I got compile errors when I tried either method before. It must have been something else, because it works OK now.

      Thanks.

      Comment

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