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Hi people from this forum,
Can someone please kindly render help on this seach I am trying to
do.
I trying to look for an exploration formula to do the following.
I am looking for the latest price bar is the lowest as compared to
the last three days bars or couples of bars back.
meaning
day 1 a price bar is created
day 2 the price bar creates a price not higher than day 1 but also
created a lower price
and day 3 the price is not higher than day 2 but created a lower
compared to day 2.
If in between day 1 and day 2 the high is the same than the day 3
price which created a lower high and lower low becomes day2 and the
day4 price bar which creates a lower high as lower low as compared
to day 3 than this fourth day chart beccomes day3.
I hope my explanation is not confusing and someone can help me.
Thank you very much and really hope someone can help me
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