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prior weekly high and low


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  #1 (permalink)
 ciardim 
it
 
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hello, someone can tell me where find this indicator? free if is possible.
prior weekly high and low to can heve levels of past week
thank you
Max


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  #3 (permalink)
 
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 Fat Tails 
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ciardim View Post
hello, someone can tell me where find this indicator? free if is possible.
prior weekly high and low to can heve levels of past week
thank you
Max

Which platform?


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  #4 (permalink)
 
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 trendisyourfriend 
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me think he is using mc = MultiChart


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 malibu 
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So I am not quite sure what you're looking for, but I'll take a stab. In tradestation the functions highest and lowest may be of some help. So for example, if you are looking to identify and use the high of previous seven days, try highest(high,7). If you're are looking for the lowest low of the previous seven, then use lowest(low,7). In other words, if you want to sell short when the close crosses above the high of the previous 7 days , and reverse with a long when the close crosses below the low of the previous 7 days do this:

If close crosses under lowest(low,7) then buy next bar at market;
If close crosses above highest(high,7) then sell short next bar at market;

This, of course, is in easy language. However, most of these languages are very similar so transposition is not that difficult... most of the time.

Hope this helps.


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