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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Count Bars Since MaxH200 ? Possible?

Count Bars Since MaxH200 ? Possible? Rate this Topic:
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Loren
Posted : Tuesday, April 12, 2016 12:14:20 AM
Registered User
Joined: 7/14/2009
Posts: 3

Is this even possible in PCF?

How many bars has it been since MaxH200 ? Any suggestions?

Current Bar - MaxH200  = nBARS

i am stuck ...

Thanks in advance
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Bruce_L
Posted : Tuesday, April 19, 2016 11:04:55 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You could use the technique explored in the Days Since Last Peak (or other day-counting needs) topic for this, but the formula would be very long to check for 200 bars.

A better option would probably be to use the Aroon indicator for this. The results are expressed as a percentage of the period and a higher value indicates it was at the high recently (100 means the high was made during the current bar). It does convey the information you want, just in a different way.


-Bruce
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