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question: do something IF current bar (or previous bar) is LLV

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question: do something IF current bar (or previous bar) is LLV

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  #1 (permalink)
Bangkok + Thailand
Posts: 10 since Aug 2012
Thanks: 2 given, 0 received


I would like to calculate the ratio between MinL and MaxH only if MinL is the current bar (or the one before).

MinL and MaxH are defined as follows.

MaxH = HHV(Mom, Len);
MinL = LLV(Mom, Len);

Mom is a lengthy formula defining momentum and Len = 5 bars

I tried IIF and If statements with the following syntax to compare but I cannot get it to work.

Would anybody have an idea on how to do that please?

Thanks a bunch

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  #2 (permalink)
paris France
Posts: 5 since Mar 2014
Thanks: 1 given, 1 received

try this :

Mom = ROC(C,1) ;
Len = 5;

MaxH = HHV(Mom, Len);
MinL = LLV(Mom, Len);

ratio_MaxMin = IIf( (mom == Minl) OR (Ref(mom,-1) == Minl) , 100* ( MaxH / MinL ),0);

Plot( ratio_MaxMin, "ratio_MaxMin", colorBlue, styleLine|styleThick);

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