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Need Help Identifying Previous Day Low for 15-min Charts
Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 12/6/2009(UTC)
Posts: 2
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Hello everyone!
Could somebody please assist me in coding my trading strategy test; I studied the manual, but it didn't help.
I cannot figure out how to identify and compare today's and yesterday's short-term lows of the day.
I would like to incorporate them into my strategy.
Namely, one of the conditions for my enter long signal will be when today's lowest low is equal or higher then yestarday's lowest low on a 15-min bars chart.
I tried using "trough" function, but don't know how to use it with DayOfWeek or LLV.
It should look something like this (and be useable for a 15-min chart):
Enter long:
if(lowest low of the previous day)<=(current lowest low of today)
Any help is highly appreciated, thanks.
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 9/13/2004(UTC)
Posts: 673
Location: Salt Lake City, UT
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You could try the following formula to see how it works:
ValueWhen(1,ROC(DayOfWeek(),1,$) <> 0,Ref(LowestSince(1,ROC(DayOfWeek(),1,$) <> 0,L),-1)) <= LowestSince(1,ROC(DayOfWeek(),1,$) <> 0,L)
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Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 12/6/2009(UTC)
Posts: 2
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Thank you, Justin, I'll try it and post if it worked out!
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Need Help Identifying Previous Day Low for 15-min Charts
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