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I am trying to consolidate this code into an array or a "for" loop,
so that it does the same thing, but more efficiently... can't seem
to find a decent example of AFL syntax right now... thanks!
varDuration = 16 // I would like to use this one variable, instead
of using Ref(TDROC1,-16) and so on...
// Identify oversold conditions, marked with red arrow to denote
downtrend
varOversold = IIf(Ref(TDROC1,-16)<=varOversoldSignal
AND Ref(TDROC1,-15)<=varOversoldSignal
AND Ref(TDROC1,-14)<=varOversoldSignal
AND Ref(TDROC1,-13)<=varOversoldSignal
AND Ref(TDROC1,-12)<=varOversoldSignal
AND Ref(TDROC1,-11)<=varOversoldSignal
AND Ref(TDROC1,-10)<=varOversoldSignal
AND Ref(TDROC1,-9)<=varOversoldSignal
AND Ref(TDROC1,-8)<=varOversoldSignal
AND Ref(TDROC1,-7)<=varOversoldSignal
AND Ref(TDROC1,-6)<=varOversoldSignal
AND Ref(TDROC1,-5)<=varOversoldSignal
AND Ref(TDROC1,-4)<=varOversoldSignal
AND Ref(TDROC1,-3)<=varOversoldSignal
AND Ref(TDROC1,-2)<=varOversoldSignal
AND Ref(TDROC1,-1)<=varOversoldSignal
AND TDROC1<=varOversoldSignal ,1,0);
IIf(varOversold>0,PlotShapes
(shapeHollowDownArrow*varOversold,colorRed),0);
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