Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 7/13/2005(UTC) Posts: 20
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Can anyone help me in using Trough() and Peak() functions with intraday 1 minute data.
They are not providing the real results and mostly i get FUNCTION DIDNOT RETURN VALUE.
Any help will be appreciated.
Thanks
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 4/1/2006(UTC) Posts: 135 Location: Romania
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That is most probably because the percentage u specified in function was to big for the very small movements in a 1 min chart. Verify manually the percentage difference between two peaks or troughs and put that result in ur peak or trough function.
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Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 7/13/2005(UTC) Posts: 20
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I used only 1 percent and it returned nothing
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 4/1/2006(UTC) Posts: 135 Location: Romania
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abc,
put your formula here to have a look. Anyway 1 percent is still a big move in a one min chart especially if it is a forex chart.
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Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 7/13/2005(UTC) Posts: 20
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writeval(Trough(3,LOW,1));
writeval(Troughbars(3,LOW,1))
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 4/1/2006(UTC) Posts: 135 Location: Romania
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the formula is corect but the percentage is to big for a 1 min chart as i have told u. try for example writeval(trough(3,l,0.02)) that should work and u will see that the formula is ok.
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Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 7/13/2005(UTC) Posts: 20
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Yes now at least i get some value returned , Thanks for ur help!!!
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