Re: Help coding Swing High/Low Extension

[TaoOfDow <TaoOfDow@xxxxxxxxxxxxxx>]

Neil Lustik, at the CBOT, has a TS indicator and website about swing charts that
might be helpful to you:

www.swingchart.com


Spot Forex wrote:

> Hi Everyone
>
> I've written a showme analysis for identifying swing highs and lows but am
> having a problem moving beyond this basic code. I am fairly new to EL
> programming and I would like to request assistance in expanding the
> following code.
>
> My idea is rather simple...If one is looking at a swing high, for example, I
> would like to extend the plot of the swing high to the right until one of
> two things occur:
>
> (1) price has exceeded the swing high at any time (price may not necessarily
> indicate a new swing high) or
>
> (2) a new swing high has occurred.
>
> Similar conditions would apply for swing lows with the appropriate
> directional changes.
>
> I hope my idea was expressed clearly. Any help or comments would be greatly
> appreciated.
>
> Take Care
>
> John
>
> {Swing High and Low Showme
>
> Style type: Right tick
> Style weight: 1 }
>
> Inputs: Strength(4);
>
> Value1 = SwingHigh(1, High, Strength, Strength+1);
> Value2 = SwingLow (1, Low, Strength, Strength+1);
>
> if Value1 > 0 then Plot1[Strength](Value1, "High", 7, -1, 1);
> if Value2 > 0 then Plot2[Strength](Value2, "Low", 4, -1, 1);