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Bruce_L
Posted : Thursday, July 05, 2018 2:59:58 PM


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Joined: 10/7/2004
Posts: 63,198

I actually don't know what you mean by +- 5 bars... since you can't look into the future. If you are going to check 5 bars, you can only check the most recent 5 bars and not the next 5 bars.

It just checks for the most recent 5 bars. If you want to check for 10 bars, you would change the 5 into 10.



-Bruce
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Chris55
Posted : Friday, July 06, 2018 10:30:44 AM
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Joined: 6/14/2016
Posts: 223

Yes, absolutely correct, sorry. But in one case I wantr to have an indicator the a new low and in the other cased one for a new high. Each checking the most recent 5 bars.

Not sure how to differentiate the New High from the New Low formula.

Thanks much,

Chris

Bruce_L
Posted : Friday, July 06, 2018 10:37:22 AM


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Posts: 63,198

Change the MIN in the formula template to a MAX to convert it from checking for a low to checking for a high.



-Bruce
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Chris55
Posted : Friday, July 06, 2018 10:48:47 AM
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Thanks a lot Bruce. Kind regards, Chris 

Chris55
Posted : Friday, July 06, 2018 12:39:34 PM
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Hi Bruce,

I just created a new indicator PCF with the MIN formula checking the lows. No error messages.

When I wanted to save it, it says Boolean result - do I want to save this as a condition.

I cancelled because, I need to create an indicator from it. Do I need to chang anything to

make your formla into an indicator?

Thanks,

Chris 

Bruce_L
Posted : Friday, July 06, 2018 1:04:49 PM


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Joined: 10/7/2004
Posts: 63,198

If you are following the template in my Thursday, July 05, 2018 10:46:58 AM ET post, you would get rid of the > 0 at the end to get a count.



-Bruce
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Chris55
Posted : Friday, July 06, 2018 1:22:11 PM
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Thanks Bruce - that did it. Have a good weekend. Chris 

Chris55
Posted : Monday, July 09, 2018 7:30:56 AM
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Good Monring,

I was wondering how to write two Scan Conditions which would define that:

1) the last bar has its Close in the upper half of the bar range?

2) the last bar has its close in the upper range of the bar range AND has a higher high than the bar before it? 

Thanks and kind regards,

Chris 

Bruce_L
Posted : Monday, July 09, 2018 10:32:17 AM


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Joined: 10/7/2004
Posts: 63,198

Please try the following.

STOC1 >= 50 AND H > L AND H > H1



-Bruce
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Chris55
Posted : Monday, July 09, 2018 10:45:21 AM
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Thanks very much -  din't know about the STOC1 function, might be able to use it, e.g. for Close

in upper third of range or something similar.

Kind regards,

Chris 

Bruce_L
Posted : Monday, July 09, 2018 10:57:17 AM


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Joined: 10/7/2004
Posts: 63,198

You're welcome.



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