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Jayson,
LastValue function works great! My
formula now works.
I'm still unclear, however, on how the
peak function works.
Please correct my following
understanding:
<FONT
color=#0000ff>Peak(H,1.2,1) At
each bar, this formula looks ahead to find a retracement of a least 1.2% from
that current bar's high and verifies that there are no higher highs within the
retracement period. If it doesn't find this condition, it uses the last peak
value.
What would the formula do if it used
Close in place of High? If the forward retracement was in place at 1.2% from the
current bar close, would it the peak be the high of the current bar, or the
close? Or do I have it completely wrong?
<<Jayson said:
<<you want the
peak of peakvalue. since peakvalue is a high you should ask for
peak(peakvalue......
<FONT
face="MS Sans Serif"><<Peak(<FONT
color=#282828>peakvalue,<FONT
color=#0000ff>LastValue(<FONT
color=#282828>MinRetracement),<FONT
color=#ff00ff>1)
;
<FONT face="MS Sans Serif"
color=#282828>
I don't understand
this concept of peak of peak value. I
used:
<FONT
size=2>MinRetracement = <FONT
color=#ff00ff>6/<FONT
color=#000000>C * <FONT
color=#ff00ff>100<FONT face=Arial
size=2> ;
PeakValue
=Peak(H<FONT
color=#282828>,LastValue<FONT
color=#282828>(MinRetracement<FONT
color=#282828>),1<FONT
color=#282828>)
;
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=jcasavant@xxxx
href="">Jayson
To: <A title=amibroker@xxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Thursday, October 31, 2002 12:45
AM
Subject: RE: [amibroker] peak - trough
with variable
<SPAN
class=266273605-31102002>Esteban,
<SPAN
class=266273605-31102002>
I'm wanting to find the last
peak based on a fixed number of points, rather than percentage. So Iset
a variable to the fixed points value I want divided by the high * 100 to
give me a percentage to use in the peak formula. But I get an
error. Maybe the function needs a value not subject to
fluctuation for its underlying calculations. Is there a way I can
use this function with a fixed number of points?
MinRetracement = <FONT
color=#ff00ff>6/C * 100 ; This gives
a value of 1.2 percent when C =500.
PeakValue = <FONT
color=#0000ff>Peak(H,1.2,1) ; This
finds the peaks like I want, when price is in the range of 500.
PeakValue Peak(H,MinRetracement,1)
; Gives an error.<SPAN
class=266273605-31102002> <FONT
face="MS Sans Serif">
you
want the peak of peakvalue. since peakvalue is a high you should ask for
peak(peakvalue...... your change setting must be constant so ask for the
lastvalue of minretracement....
<SPAN
class=266273605-31102002>
<SPAN
class=266273605-31102002>try......
<SPAN
class=266273605-31102002>
<FONT
size=2>
MinRetracement = 6<FONT
color=#282828>/C
* 100<FONT
face=Arial size=2> ;
PeakValue = Peak<FONT
color=#282828>(H<FONT
face=Arial>,<FONT
color=#ff00ff>1.2,<FONT
color=#ff00ff>1) ;<FONT
color=#0000ff>
Peak(<FONT
color=#282828>peakvalue,<FONT
color=#0000ff>LastValue(<FONT
color=#282828>MinRetracement),<FONT
color=#ff00ff>1)
;
jayson
<SPAN
class=266273605-31102002>
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