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You are correct, this function does not know how to deal with the "equal
highs" or "equal lows" condition. I had to write a special function to
locate them properly.
At 05:59 PM 5/21/99 -0500, you wrote:
>I thought I knew how to define a SwingLow, but now I am not sure. The TS
>manual says "a swing low occurs when the low of a bar is less than the low
>on the preceeding bar(s), and at least as low as the low on the bar(s) that
>follow it."
>
>Consider the following low prices for four consecutive bars:
>
>#1 297.84
>#2 303.09
>#3 303.09
>#4 303.59
>
>A system I wrote seems to think that there is a SwingLow at 303.09,
>although obviously none of these bars has a low that is "less than the low
>on the preceeding bar."
>
>Am I missing something here?
>
>Peter W. Aan
>
>"The power to destroy a planet is insignificant when compared to the power
>of the trend."
>--Darth Trader
>
>
William Brower
Publisher of TS Express
Email: 1000mileman@xxxxxxxxxxxxxx
Web: http://www.insideedgesystems.com
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