StockFetcher Forums · Filter Exchange · Any chance of seeing a LRI Envelope?<< >>Post Follow-up
Kevin_in_GA
4,599 posts
msg #108033
Ignore Kevin_in_GA
9/12/2012 10:11:45 PM

Can you guys make an LRI-based variant of the moving average envelopes?

Cheese
1,374 posts
msg #108034
Ignore Cheese
9/13/2012 12:15:44 AM

Kevin, were you looking for something along these ideas by yepher and nikoschopen?

http://forums.stockfetcher.com/sfforums/?q=view&fid=1010&tid=40722&qrid=&isiframe=

http://forums.stockfetcher.com/sfforums/?q=view&tid=40330&start=0


Kevin_in_GA
4,599 posts
msg #108035
Ignore Kevin_in_GA
9/13/2012 6:38:46 AM

Not really - I can code this easily but think that it would be a nice addition to the indicator list, and simple to implement.

Fetcher[
draw lri(10)
set{upperband, lri(10) * 1.05}
set{lowerband, lri(10) * 0.95}

close below lowerband

draw upperband on plot price
draw lowerband on plot price
]



This would identify stocks that closed below their lower LRI Envelope(10,5). But SF could simply implement this in a single line of code if they wanted to, like they currently have done for moving average envelopes.

But even in this simple case the lowerband will not plot properly - not sure why.

stockfetcher
979 posts
msg #108037
9/13/2012 7:52:36 AM

We'll look into adding the measure you mention.

To fix the lower band issue in your example, simply include the draw commands prior to using in the filter logic:

Fetcher[
draw lri(10)
set{upperband, lri(10) * 1.05}
set{lowerband, lri(10) * 0.95}
draw upperband on plot price
draw lowerband on plot price

close below lowerband
]



StockFetcher Support



Kevin_in_GA
4,599 posts
msg #108342
Ignore Kevin_in_GA
10/11/2012 8:30:46 AM

OK, it's been a month. Any update on this, SF support team?

stockfetcher
979 posts
msg #108343
10/11/2012 8:36:55 AM

We do not have any updates on this measure. If possible can you provide more details on how the specific envelopes you are looking for can not be implemented with existing syntax? This may help us determine whether or not this truly requires and entirely separate indicator, or if the existing syntax accomplishes what you need.

Thank you,

StockFetcher Support


Kevin_in_GA
4,599 posts
msg #108347
Ignore Kevin_in_GA
10/11/2012 11:41:12 AM

They can be implemented with the existing syntax, as I have shown above. But that could as easily be said about moving average envelopes, which you have as a function. My request was simply to extend that code to also work on the LRI in an analogous manner.

Kevin_in_GA
4,599 posts
msg #108662
Ignore Kevin_in_GA
11/2/2012 2:09:08 PM

Hey guys ... how's this coming along?

StockFetcher Forums · Filter Exchange · Any chance of seeing a LRI Envelope?<< >>Post Follow-up

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