Re: [EquisMetaStock Group] Re: How to create a price channel with higher highs and higher lows

[mingsum lioa <mlioa@xxxxxxxxxxx>]

Hi,

  Thanks for your mail.

Actually I try to use a price channel to track a rising trend. For a rising trend , it will have a Higher high and Higher low. For the Higher high part I have no problem but for the Higher low part , I have no ideas. That is why I write for help.

Any ideas

Thanks for help

cm

--- On Wed, 3/3/10, formulaprimer <formulaprimer@xxxxxxxxx> wrote:

From: formulaprimer <formulaprimer@xxxxxxxxx>
Subject: [EquisMetaStock Group] Re: How to create a price channel with higher highs and higher lows
To: equismetastock@xxxxxxxxxxxxxxx
Date: Wednesday, 3 March, 2010, 14:36

 

Your question is confusing... Are you trying to find the lower lows or the high of the lowest lows... If you want to know if the low was higher than the previous low then you have to use something like
If(L>Ref(L,- 1),1,0)
The statement is an if statement asking If todays low is greater than the low of yesterday the binary 1 otherwise 0.

This is basic I'm sure others with better programming of MS can be more helpful.

--- In equismetastock@ yahoogroups. com, mingsum lioa <mlioa@xxx> wrote:
>
> Hi all,
>
> I want to build a indicator that will track highs and lows. I try to use the Higher High Value
>
> function to track the Highs but do not know how to track the High lows.
>
> Can anyone offer some help?
>
> Thanks
>
> CM
>

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