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I am using the following code to find price troughs.
TroughBars(Low,6,1)==1;
My question is if 6 = 6% change what is it a 6% change from.
Exactly what does the 6% mean. My code TroughBars(Low,6,1)==1;
finds a trough bar low on ANST for 11/15/06 the low for that day is
22.65.
I wanted to find out what the actual change was so by process of
elimination I found that TroughBars(Low,8.74,1) is the last number to
recognize this trough. So the trough is 8.74% change of WHAT?? And why
does the 6% signal find this TroughBar?
Thanks
Ernie
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