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I have a request for a very simple indicator called Premium-Discount (PD) which is a 1-line formula. Can someone kindly code and help. The simple formula is:
PD = (Close-VWAP)/VWAP
Thanks
Can you help answer these questions from other members on NexusFi?
This can be done without programming using two native arithmetic studies:
Use the Study Subgraphs Subtract/Difference study to do the (Close-VWAP)
Then use the Study Subgraphs Divide/Ratio study.
