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Matt, yes that's a nice indicator which can also be used as part of a screen. No idea if anyone else uses Ameritrade's Strategy Desk but if so here's the formula to put into a Level 1 page or plotted on a chart
((Bar[Close,D]-ExpMovingAverage[EMA,Close,9,0,D])/ExpMovingAverage[EMA,Close,9,0,D]) * 100
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Matt, yes that's a nice
Free Inidicator - BPT MA Percentage away from price
Posted by bkout3 on 13th of Feb 2014 at 10:07 am
Matt, yes that's a nice indicator which can also be used as part of a screen. No idea if anyone else uses Ameritrade's Strategy Desk but if so here's the formula to put into a Level 1 page or plotted on a chart
((Bar[Close,D]-ExpMovingAverage[EMA,Close,9,0,D])/ExpMovingAverage[EMA,Close,9,0,D]) * 100