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EL: How many periods since last low?


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EL: How many periods since last low?

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 arjfca 
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Hello

I need to count how many periods since the last lowest low. I already got the Lowest value.

TLLow = Lowest (Low, 10) // give the lowest price of the last ten periods]

// How many periods since TLLow ????



Martin

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 Big Mike 
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arjfca View Post
Hello

I need to count how many periods since the last lowest low. I already got the Lowest value.

TLLow = Lowest (Low, 10) // give the lowest price of the last ten periods]

// How many periods since TLLow ????



Martin

I am not sure if there is a MRO and LRO (most recent/least recent occurrence) in EasyLanguage.

So there is probably an easier way, but I would just take the simple way out:

 
Code
                            


vars
:
   
myLow (0),
   
myLowBar (0);


if 
date <> date[1then begin
  myLow 
Low;
  
myLowBar CurrentBar;
end;

if 
myLow then begin
  myLow 
L;
  
myLowBar CurrentBar;
end
I've not tested the code but I think you see what it does. myLowBar would always have the bar # of the last low. So if you needed to draw a trend line you could start it from "CurrentBar - myLowBar" bars ago.

Mike

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 arjfca 
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A simple approach. Sometime there is no need to look deeper for a solution. hehe!

Martin

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Last Updated on November 26, 2010


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