JohnT328 54 posts msg #143868 - Ignore JohnT328 | 
6/22/2018 6:15:16 AM
  Hi, can someone help me create a filter for a tight price range. 
 
 What I am looking for is price to have been in a tight range between 0-5% above MA (1) and 0-5% below MA (1) for the last two to 7 days
 
 Can someone assist?
 
 Thanks
 
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four 5,087 posts msg #143874 - Ignore four | 
6/22/2018 11:58:39 AM
 
  
 
  	    
 
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JohnT328 54 posts msg #143887 - Ignore JohnT328 | 
6/23/2018 10:49:25 AM
  First, thank you for the filter. 
 
 Can you tell me what some of the variables mean because I am not getting the exact results I want and I think I just need to tweak it a little bit. For example, what is the purpose of MA (5) in the filter? Also, what  variable/s represent the 0-5% range (I may need to restrict that percentage to 0-2%)
 
 Thanks
 
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four 5,087 posts msg #143888 - Ignore four modified | 
6/23/2018 12:04:39 PM
  I agree with your observations.  MA1 is simply the day's close. I don't consider +- 5% as a tight range over the course of a week.
 
 
 Try different combinations with the previous filter.
 
 Individually or both modified at the same time--to reduce the channel width:
 * try changing the ma5 to ma4
 * try changing the values for the width of the channel (replace .04 with .03)
 
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 Here is another offer to work with:
 
  	    
 
 
 
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