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Title: Message
Hi,
If I
am correct, probably you are looking for today's bar has formed lower high and
lower low than any of the bars in last 3 days... If this is the case, you can
use the following code
If(Alert( (H < Ref(H,-1) and Ref(H,-1) <
Ref(H,-2), 3) AND Alert((L < Ref(L,-1) and
Ref(L,-1) < Ref(L,-2), 3),1,0) -- This 3 can be changed
to any no of days to look for. It will check for two consecutive down days in
last 3 days.
Note:
Jose, please correct syntax if it is wrong...
If
this is also not your requirement, then please explain your query with a sample
chart. One picture worth the thousand words.
Thanks and
Regards,
Amit
Trivedi
Technical
Analyst, Active Trader, President & CEO
Athena
Investments, Inc.
1055 Sector 15
Part - II, Gurgaon - 122001(India).
T:
+91.124.4033.595 M: +919818707842
Hi Jose,
Thanks for the reply. But it is not
really what i'm looking for. The
formula you gave only list the lowest
price in the 3rd day.
Im looking for this.
1st bar creates a price
bar
2nd bar creates a Lower high(LH) and Lower Low(LL) in relation to
the 1st price bar.
3rd bar creates a Lower high(LH) and Lower Low(LL)
in relation to
the 2nd price bar.
However the price bars does not
have to be in sequence (meaning 2nd
bar coming just after the 1st) but a
formation of such is created in
any number of bars but it has to be as
compared to the latest LH and
LL price bar.
i hope my this
explantion is clearer. Sorry if my earlier post is
not clear. Please also
help me.
Thank you very much,
Jose.
> Perhaps something simple
like:
>
> C==LLV(C,3)
>
>
> jose '-)
>
http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, sachinsac31
<no_reply@xxxx>
> wrote:
> >
> > 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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