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I have the following oscillator and would like to know whether there
is a better way of finding the "trough" (valley) when the
oscillator
moves from the negative zone and starts to move upwards.
{oscillator}
CP:=Mov(ROC(C,14,%)+ROC(C,11,%),10,W);
{oscillator below zero line - in negative zone}
CP<0
{finding the trough}
{moving upwards on latest period}
{and moving downwards last 6 periods}
AND CP>Ref(CP,-1) AND
Ref(CP,-1)<Ref(CP,-2) AND
Ref(CP,-2)<Ref(CP,-3) AND
Ref(CP,-3)<Ref(CP,-4) AND
Ref(CP,-4)<Ref(CP,-5) AND
Ref(CP,-5)<Ref(CP,-6)
Any comments on the above codes will be much appreciated.
Thank you and best regards,
ALM
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