Download MetaTrader 5

New High - New Low Market Index for IBovespa

To add comments, please log in or register
Paulo Mattos
13
Paulo Mattos  

I'm just arriving in the MQL5 Community, I live in Brazil and here we don't have the New High - New Low Market Index Published by the Brazilian Stock Market BOVESPA.

Is it possible to implement this index in the MT5? Or do you have it implemented for another market that could be adapted to the Brazilian Market?

Thanks for your attention and help.

Paulo 

Rogerio Figurelli
Moderator
40381
Rogerio Figurelli  
pslmattos:

I'm just arriving in the MQL5 Community, I live in Brazil and here we don't have the New High - New Low Market Index Published by the Brazilian Stock Market BOVESPA.

Is it possible to implement this index in the MT5? Or do you have it implemented for another market that could be adapted to the Brazilian Market?

Thanks for your attention and help.

Paulo 

Hi Paulo, do you have the right equation for this?

I did a search about and found this: 

Record High Percent = {New Highs / (New Highs + New Lows)} x 100 

High-Low Index = 10-day SMA of Record High Percent  

Anyway, now that we have a portuguese mql5 idiom version, I suggest you post this need there.

To add comments, please log in or register