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Hi,
I want to plot an 'Elliott' price series (i.e. an indicator that moves
according to the order that prices occured) assuming that:
If O>C then high occurs before low, and vice versa. My problem is that
this means the indicator plotting the high AND low values for each
day.
E.g. If day1 O=10, H=11, L=8 and C=9 (move on day 10 - 11 - 8 - 9)
and day2 O=9, H=12, L=7 and C= 11 (move on day 9 - 7 - 12 - 11)
the indicator would start at 11 then move down the bar to the low 8,
then move to next bars low of 7 and then climb to the high of the
second bar at 12.
Hope that is clear, any help much appreciated.
Adrian
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