Apprentice wrote:Alex is using this formula it his indicator.
OBOS =100* MA of (close - low) / ATR (Price)
Price is not H-L
Can you once again write forumulu that you want to use.
Is it.
%R ~ (H-C)/ (H-L)
Sorry for making it messy but i think ATR have some components dealing with H and L. Of course it is not so directly as %R case. If i am wrong, please correct me.Thanks