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Finding the lowest value of an indicator in a specific time frame
Rank: Newbie
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Joined: 10/6/2007(UTC)
Posts: 2
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Is there a way to use the "Lowest" function (or some other approach) to find the lowest value of an indicator in a specific time frame? E.g. find the lowest value of the RSI during the year 2005.
Thanks
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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Would think so.
I would create a new function that would max out everything outside of the range in a couple of IF statements, then look for the low using LLV.
Not pretty but should work.
It will be easier if you can use the BarsSince and Trough functions but these may not work with
what you are trying to accomplish.
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 10/6/2007(UTC)
Posts: 2
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Hi,
I am trying to calculate the lowest value of a custom indicator in the year 2003. 2003 is of particular interest to me, because this was the start of a major bull trend in our local market. The indicator is as follows: CLOSE / Mov(CLOSE,40,S).
Thanks
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Finding the lowest value of an indicator in a specific time frame
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