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Hi everyone!
I'm hoping someone can help me out. I'm writing some formulas and I'm a little stuck in one area of what I want to identify a swing high and I'm just having a difficult time with a programatic approach, so I thought I'd ask.
I want to identify a swing high -- a high where there are at least 5 lower highs than the swing high bar high and at least 5 lower lows that the swing high bar low on either side of the swing high bar. The tricky part is they do not have to be consecutive?
Any ideas?
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Optimus wrote:I want to identify a swing high -- a high where there are at least 5 lower highs than the swing high bar high and at least 5 lower lows that the swing high bar low on either side of the swing high bar. The tricky part is they do not have to be consecutive? I think you will find the forum.dll variable sum function will help you out here; or you could use a count and reset system which is a little more complicated, but not impossible. Hope this helps. wabbit [:D]
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Rank: Newbie
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As always wabbit you are an assett to the forum.
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Rank: Newbie
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Joined: 9/28/2006(UTC)
Posts: 6
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Wabbit,
I thought I'd ask a follow up question, as I'm trying to wrap my head around this one. How would you go about creating this in the Forum DLL. I just don't know what function would work best.
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Rank: Newbie
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I think you should use the "highest since function" which allows your prviouse high expression and is also the "nth "expression of this , in your case 5 , i.e highestsince (nth, expression ,data array) then reference this formula before reverse (lowset since). IF YOU REQUIRE ANY FURTHER ASSISTANCE CONTACT ME AT - http://www.tradingtraders.co.uk/
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