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Hi markus.
I have attached a chart to help explain the formula.
(Sorry i will attach it tommorrow having probs with
attachments on yahhoo at the moment)
note: i dont know to much about swing trading and
probably needed feedback as to if the formula i posted
was what you wanted.
The difference with
(Why did you use z1=BarsSince(z==0); instead of z==1?
Didnīt you want to
detect where the 3D low occurred?)
the use of the z1=BarsSince(z==0) is because when in
this part of the formula,
z=IIf(L==LLV(Low,3),1,0);
Y=IIf(H==HHV(High,3),1,0);
is not true it will be 0, so when i later ask for
z1==1 this will be the first day that the condition of
z was true.
because the barssince function will count the number
of bars (in this example) since z==0, so when its not
0 it =1 and it will start counting the days it is
true until it is 0 again. (cond not true).
assume the Y=IIf(H==HHV(High,3),1,0); was true for
10 days,
I want the first day this occured, then on the 3rd
day while the high cond is still true the
z=IIf(L==LLV(Low,3),1,0); condition triggers, but only
stays true for 1 day, the high is still true for 7
more days and wont trigger again until its true after
a 0.
the charts i have posted show the diferent formulas
using barssince or the z==1 .
the lower chart uses the barssince rule.
you will notice on the upper chart the low and high
also can trigger on the same day using the z==1 or
y==1 rule.
this may be what you want but i wasnt sure of what
you were asking.
these lines of the formula
Cc=ValueWhen(z1,L,1);
dd=ValueWhen(y1,H,1);
which were not plotted was left in the formula if you
wanted to compare it against the blue and red value
lines which are in order.
so cc and dd if plotted would be the order they
occured naturally.
The exrem
ff=ExRem(z1==1,y1==1);//l
Hh=ExRem(y1==1,z1==1);//h
was used to create the order you wanted, so a z
condition will be followed by the y condition then a z
condition e.t.c. of course in my formula it is the
first day the cond was true, as explained earlier.
I had to exrem this again
Hh1=ExRem(Hh,ff);//l
ff1=ExRem(ff,Hh);//h
for some reason i dont understand yet because the
first exrem conds, when plotted came up with a few z
cond followed by a z cond, so the order was out, so i
just exremed again which worked.
the red horizontal value lines which change when a
true occurs are the high value lines.
the blue horizontal value lines which change when a
true occurs are the low value lines .
the red and blue vertical lines are the same points
where the true conds occured)as on the horizontal
lines but make it
easier to see where the cond occured.
these lines below were only for plotting the vertical
lines in the chart.
mm=Cross(Hh1,0.1);//h
mmm=IIf(Cross(Hh1*1.001,1.00),4,2);//h
nn=Cross(ff1,0.1);//l
nnn=IIf(Cross(ff1*1.001,1),6,2);//l
Plot(nn+L-1,"",nnn,6);//l
Plot(MM+H-1,"",mmm,6);//h
it affects the scaling of the price bars in the chart
a little and have changed it to this.
yyy=IIf(BarsSince(ff1 )==0,6,0);
xxx=IIf(BarsSince(Hh1 )==0,4,0);
Plot(L*0.95,"",yyy,14);
Plot(L*0.99,"",xxx,14);
i only plotted these vertical lines to make it easier
to see where the cond occured you dont need to use
them.
cheers: john.
http://www.sold.com.au - SOLD.com.au
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