Rank: Member
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Joined: 2/23/2007(UTC)
Posts: 26
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Dear All,
I am trying to create an exploration with the following rules:
1. The trend can only be up or down.
2. The trend is up when today's close is higher than the highest high of the previous 5 periods.
3. The trend is down when today's close is lower than the lowest low of the previous 5 periods.
I tried something like this:
ColA:Up:- C>((HHV(H,5));
ColB:Down:- C<((LLV(L,5));
Filter: colA or colB
Needless to say, it doesn't work. AAA (Any And All) help appreciated.
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Rank: Member
Groups: Registered, Registered Users
Joined: 2/23/2007(UTC)
Posts: 26
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Update:
I tried this:
C > Ref(HHV(High,5),-1)
C< Ref(LLV(Low,5),-1)
It seems to work, but is it the correct syntax, correct way, accurate?
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Rank: Advanced Member
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Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT
Was thanked: 3 time(s) in 3 post(s)
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A:=If(C > Ref(HHV(High,5),-1),1,If(C< Ref(LLV(Low,5),-1),-1,0));
A;
this will plot 1 when the c is greater than the Highest 5 Highs and -1 when the low is less than the lowest 5 Lows, else it will plot a 0
A:=If(C > Ref(HHV(High,5),-1),1,If(C< Ref(LLV(Low,5),-1),-1,Prev));
A;
this will plot +1 or -1 till the condition reverses
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Rank: Member
Groups: Registered, Registered Users
Joined: 2/23/2007(UTC)
Posts: 26
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Thanks for your help. Will try these and tell you about the results.
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