Balance Of Power

[rossini]

Hi Guys/Girls!

I was just looking on the net for the indicator- Balance Of Power (to be used on MT4). I could only find it in Metastock language, is this the same? How would I put this into MT4?

This formula is for METASTOCK 6.52 (OR ABOVE)

Balance Of Power - BOP

THL:=If(H-L=0,.00001,H-L);

{Reward Based on the Open}

BuRBoO:=(H-O)/(THL);

BeRBoO:=(O-L)/(THL);

{Reward Based on the Close}

BuRBoC:=(C-L)/(THL);

BeRBoC:=(H-C)/(THL);

{Reward Based on the Open-Close}

BuRBoOC:=If(C>O,(C-O)/(THL),0);

BeRBoOC:=If(C>O,0,(O-C)/(THL));

BOP:=(BuRBoO+BuRBoC+BuRBoOC)/3 - (BeRBoO+BeRBoC+BeRBoOC)/3;

BOP

Your help is appreciated!!

Rossini.

[rossini]

Anyone???