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 AMSH #1 Posted : Tuesday, February 17, 2009 2:59:45 PM(UTC) Rank: MemberGroups: Registered, Registered UsersJoined: 11/15/2008(UTC)Posts: 17 Hey All,Pretty basic question here, but I can't see what I'm doing wrong. Perhaps I'm using this argument incorrectly. When I apply the following as an indicator: BarsSince(L=(LLV(L,2))) it produces values up to about 10. Wouldn't this argument logically only return a one or two? If the L is being compared to the LLV of the low of the last 2 periods, then surely the returned value can only be one bar or two - either yesterday's low or todays is the LLV(L,2) so how can 10 bars have passed since this occured?Thanks in Advance,AMSH
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 wabbit #2 Posted : Tuesday, February 17, 2009 10:25:14 PM(UTC) Rank: Advanced MemberGroups: Registered, Registered Users, Subscribers, Unverified UsersJoined: 10/28/2004(UTC)Posts: 3,111Location: Perth, Western AustraliaWas thanked: 16 time(s) in 16 post(s) Try taking the indicator to bits and see how each part works, this will eventually tell you how the whole thing works.Start by plotting in a chart:LLV(L,2);then in a new window, plot the binary signal:L=LLV(L,2);then you can wrap it in the BarsSince() in another new window:BarsSince(L=LLV(L,2));You should now be able to see why the BarsSince() returns values in excess of what you were expecting?Hope this helps.wabbit [:D]
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