Docbrown83
Member
Hi Guys,
I'm interested in the Fractal Efficiency Ratio as described by Perry Kaufaman. The fractal efficiency is a measure of market speed volatility.
I am trying to learn how to script and feel like I am getting better....however, this may seem simple for others, but I have been having one hell of a time trying to convert this TOS, but keeping getting a error message. Here is the following formula for tc2000 that I am trying to convert:
(C - C20) / (ABS(C - C1) + ABS(C1 - C2) + ABS(C2 - C3) + ABS(C3 - C4) + ABS(C4 - C5) + ABS(C5 - C6) + ABS(C6 - C7) + ABS(C7 - C8) + ABS(C8 - C9) + ABS(C9 - C10) + ABS(C10 - C11) + ABS(C11 - C12) + ABS(C12 - C13) + ABS(C13 - C14) + ABS(C14 - C15) + ABS(C15 - C16) + ABS(C16 - C17) + ABS(C17 - C18) + ABS(C18 - C19) + ABS(C19 - C20))
.....
so when I do convert this formula, substituting C = "close" and ABS = "AbsValue"....I get a error message at the end.
What am I doing wrong?
Thanks.
I'm interested in the Fractal Efficiency Ratio as described by Perry Kaufaman. The fractal efficiency is a measure of market speed volatility.
I am trying to learn how to script and feel like I am getting better....however, this may seem simple for others, but I have been having one hell of a time trying to convert this TOS, but keeping getting a error message. Here is the following formula for tc2000 that I am trying to convert:
(C - C20) / (ABS(C - C1) + ABS(C1 - C2) + ABS(C2 - C3) + ABS(C3 - C4) + ABS(C4 - C5) + ABS(C5 - C6) + ABS(C6 - C7) + ABS(C7 - C8) + ABS(C8 - C9) + ABS(C9 - C10) + ABS(C10 - C11) + ABS(C11 - C12) + ABS(C12 - C13) + ABS(C13 - C14) + ABS(C14 - C15) + ABS(C15 - C16) + ABS(C16 - C17) + ABS(C17 - C18) + ABS(C18 - C19) + ABS(C19 - C20))
.....
so when I do convert this formula, substituting C = "close" and ABS = "AbsValue"....I get a error message at the end.
What am I doing wrong?
Thanks.