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Re: [amibroker] TroughBars(Low,6,1)==1;



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The actual trough is found with ThisTrough = TroughBars(Low,6,1)==0;
Here is a short routine to demonstrate the bar at which the previous trough
was formed. Unitl you see the red arrow a new trough will not be created

ThisTrough = TroughBars(Low,6,1)==0;
TurnPrice = Trough(Low,6)*1.06;
Crossbar = ExRem(Cross(L,turnprice),thistrough);

Plot( C, "", colorGrey50, styleBar );
Plot( TurnPrice , "TurnPrice ", colorRed, styleStaircase );
PlotShapes( shapeUpArrow*ThisTrough , colorGreen, 0, L, -10 );
PlotShapes( shapeUpArrow*Crossbar , colorRed, 0, L, -10 );


-- 
Cheers
Graham
AB-Write >< Professional AFL Writing Service
Yes, I write AFL code to your requirements
http://www.aflwriting.com

On 22/11/06, Ernie Newman <ewn87544@xxxxxxxxxxx> wrote:
>
> 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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