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Bars since higher close or lower close Rate this Topic:
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sageofhalo
Posted : Tuesday, February 24, 2015 3:35:41 PM
Platinum Customer Platinum Customer

Joined: 2/24/2013
Posts: 16

Hello,

I'm trying to code an indicator to plot the number of bars since there was a close higher than the current close in the case of an up candle or number of bars since there was a close lower than the current close in the case of a down candle.

I'm pretty new to coding and can't seem to get it to loop and do a count of the number of bars.

Thank you

Bruce_L
Posted : Thursday, February 26, 2015 11:49:06 AM


Worden Trainer

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

Maybe something similar to the following RealCode Indicator?

RealCode for Real People: Indicators (6:05)

'|******************************************************************
'|*** StockFinder RealCode Indicator - Version 5.0 www.worden.com 
'|*** Copy and paste this header and code into StockFinder *********
'|*** Indicator:Bars Since
'|******************************************************************
'#Cumulative
Dim Count As Integer = 0
If Price.Last > Price.Last(1) Then
	For i As Integer = 1 To CurrentIndex
		Count = CurrentIndex + 1
		If Price.Last(i) > Price.Last Then
			Count = i
			Exit For
		End If
	Next
Else If Price.Last < Price.Last(1) Then
	Count = -CurrentIndex - 1
	For i As Integer = 1 To CurrentIndex
		If Price.Last(i) < Price.Last Then
			Count = -i
			Exit For
		End If
	Next
End If
Plot = Count


-Bruce
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sageofhalo
Posted : Thursday, March 19, 2015 5:56:36 PM
Platinum Customer Platinum Customer

Joined: 2/24/2013
Posts: 16

Thanks looks like that did the trick.

Bruce_L
Posted : Thursday, March 26, 2015 10:47:27 AM


Worden Trainer

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

You're welcome.



-Bruce
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