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Swing high to swing high counter?


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Swing high to swing high counter?

  #1 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011

Does anyone have an indicator that plots the number of bars from swing high to swing high and from swing low to swing low? Or anything similar like that? Some type of bar counter?

Thanks.

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  #2 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011

I found this code and modified it to plot the bar numbers. How can I get it to plot the difference between the bar numbers from swing high to swing high and swing low to swing low rather than the bar numbers?

 
Code
INPUTS: 
STR(3),
TXT(TRUE),
DEC(2);


VARS: check1(10);

IF CURRENTBAR >-1 THEN BEGIN
   check1 = 2 * str + 2;
   IF SWINGHIGHBAR(1,TRUEHIGH,str, check1) = str THEN BEGIN
        IF TXT then BEGIN
            VALUE1 = Text_New(D[str],T[str],H[str]+.25*truerange,
            NUMTOSTR(BarNumber[str],DEC));                                                                        
            VALUE2 = Text_SetStyle(VALUE1,2,1); 
        END;
    END;

    IF SWINGLOWBAR(1,TRUELOW, str,check1)=str THEN BEGIN
        IF TXT THEN BEGIN
            VALUE1 = Text_New(D[str],T[str],L[str]-.25*truerange,
            NUMTOSTR(BarNumber[str],DEC));
            VALUE2 = Text_SetStyle(VALUE1,2,0); 
        END;
       END; 
       END;

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  #3 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,433 since Apr 2013
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Hi olobay,

you could for example store the bar number when you are detecting a new swing high/low and at the next swing high/low you can compute the difference using the value stored in the variable (just make sure to overwrite the value only after you computed the difference).
Another approach could be calling the functions again, but setting the Instance parameter to 2. Then you can compute the difference between the two function return values.

Regards,

ABCTG


olobay View Post
I found this code and modified it to plot the bar numbers. How can I get it to plot the difference between the bar numbers from swing high to swing high and swing low to swing low rather than the bar numbers?

 
Code
INPUTS: 
STR(3),
TXT(TRUE),
DEC(2);


VARS: check1(10);

IF CURRENTBAR >-1 THEN BEGIN
   check1 = 2 * str + 2;
   IF SWINGHIGHBAR(1,TRUEHIGH,str, check1) = str THEN BEGIN
        IF TXT then BEGIN
            VALUE1 = Text_New(D[str],T[str],H[str]+.25*truerange,
            NUMTOSTR(BarNumber[str],DEC));                                                                        
            VALUE2 = Text_SetStyle(VALUE1,2,1); 
        END;
    END;

    IF SWINGLOWBAR(1,TRUELOW, str,check1)=str THEN BEGIN
        IF TXT THEN BEGIN
            VALUE1 = Text_New(D[str],T[str],L[str]-.25*truerange,
            NUMTOSTR(BarNumber[str],DEC));
            VALUE2 = Text_SetStyle(VALUE1,2,0); 
        END;
       END; 
       END;


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