EL: How many periods since last low?

November 24th, 2010, 04:45 PM

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

November 25th, 2010, 05:23 AM

arjfca

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[1] then begin

  myLow = Low;

  myLowBar = CurrentBar;

end;



if L < 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

November 26th, 2010, 07:02 AM

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

Martin

EL: How many periods since last low?

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EL: How many periods since last low?