Square roots in Custom Field Builder
Vector Vest is built on vectors, which require square roots. Would be nice to have this function in the custom field builder.
Darrick Hom
shared this idea
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Bill Witherspoon
commented
SQRT(Price) will give you the square root of price in VV6 & I am guessing in VV7 as well.
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James Gerlacki
commented
This would be extremely helpful. I'm looking for a way to compare the current day's price and volume to the price and volume over the prior 10 days. Specifically, I want to find potential "pocket pivots", where today's volume (assuming the stock has gone up for the day) is greater than the volume on any previous down day over the last 10. The only way I can figure out how to do this is to multiply the volume by the square root of %PRC / %PRC. This will give you a -1 on down days, and a +1 on up days. I can't think of a way to do it without a square root function.