Rank: Newbie
Groups: Registered, Registered Users
Joined: 9/5/2008(UTC)
Posts: 1
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Hi all,
I am quite new in the Forum. So first I would like to say hello to all!!
I am trying to make this formula work but it always gives me 0 as answer:
BarsSince(L=Trough(2 ,L ,15 ))
What I want to get is the days that have passed since the market made a trough of 15%, not the last time but the time before, ie not the previous low but the low before.
Is rare because if i asked the level like this: valuewhen(1,(L=Trough(2 ,L ,15 )),L), it will give me the correct value, but it doesn't give the days that have ellapsed since that.
Any help please??
thanks
Javier
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 7/12/2007(UTC)
Posts: 134
Location: Perth Western Australia
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Hi Javier,
There are two functions which are useful when referencing the bars since or the value of a data array when using Peak or Trough and they are as follows:-
Trough(Nth, Data Array, % Minimum Change);
TroughBars(Nth, Data Array, % Minimum Change);
Peak(Nth, Data Array, % Minimum Change);
PeakBars(Nth, Data Array, % Minimum Change);
CAUTION - The Peak and Trough functions use the ZigZag function (i.e. hindsight) so read the warnings in your MetaStock manual regarding their use.
oz
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