Subject: Re: BCC Signals without GTR1
zeelotes wrote: What you need to provide is the raw underlying data. That is:

1. The COUNT of New Highs in the Nasdaq Exchange
2. The COUNT of the New Lows in the Nasdaq Exchange

Daily.

With this it is relatively easy to do the rest. Your values are so far off that you are most likely not obtaining the underlying data correctly.

I agree with what you say here but where do I go to get that underlying data? If it has not been systematically collected over time then you can't do what you suggest. I find it hard to believe that Robbie had that data and his formulas make it look like he calculated NewHighs and NewLows on the fly based on the current closing price as it related to the 251 previous closing prices. Is that not what he does here?

Create [PcntNHC252]: [100*[[Sum [[[Closing g-price; quote_lag=0 days]/[Highest closing g-price over 251 days; lag=1 days]] > 1 ? 1 : 0] at step4]/[StockCount]]]
Create [PcntNHC252WMA9]: [[Weighted Sum of [PcntNHC252] over 9 days (daily weights=9,8,7,6,5,4,3,2,1); lag=0 days]/[Weighted Sum of [1] over 9 days (daily weights=9,8,7,6,5,4,3,2,1); lag=0 days]]
Create [PcntNLC252]: [100*[[Sum [[[Closing g-price; quote_lag=0 days]/[Lowest closing g-price over 251 days; lag=1 days]] < 1 ? 1 : 0] at step4]/[StockCount]]]
Create [PcntNLC252WMA9]: [[Weighted Sum of [PcntNLC252] over 9 days (daily weights=9,8,7,6,5,4,3,2,1); lag=0 days]/[Weighted Sum of [1] over 9 days (daily weights=9,8,7,6,5,4,3,2,1); lag=0 days]]
Create [NHNLDiff]: [1*[PcntNHC252WMA9] - 1*[PcntNLC252WMA9]]

If you have any idea where I can get those raw NewHigh NewLow I would sure like to know?

Larry