MultiCharts: Trading Software for Automated Trading and Backtesting

supercrunchr

Dear TJ,

That worked, thank you. Just trying to understand the subtle difference between the two solutions provided above. Was the issue one of not re-starting the count for the counter-argument? i.e. not beginning again if the event didn't occur?

Thanks again!

supercrunchr

Dear Josh, TJ, Thank you for your help. I tried the code you suggested, but the error still occurs. I've attached a picture of the problem. I've marked the inside bars with a solid yellow point. The count in the subchart after such a bar jumps to 2 then drops off to 1 the next bar (assuming no furth...

supercrunchr

Apologies, TJ:

Code: Select all

Inputs:



LookbackPeriod (10);



Variables:



IBCount(0),

SumIB(0);



SumIB= sum(IBCount,LookbackPeriod);



Condition1 = High < High[1] and Low > Low[1];



If condition1 = true then begin

	IBCount = 1;

	end

	

Else begin IBCount=0;

	end;

	

Plot1(SumIB);

supercrunchr

Dear All, I'm having trouble creating a simple index that records how often an event (in this case, and inside bar) has occurred over a given look back period (10). It appears to count the event twice: once correctly at the close of the bar fitting the conditions and then again in the following bar ...

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Re: Indicator counting condition twice [SOLVED]

Re: Indicator counting condition twice [SOLVED]

Re: Indicator counting condition twice [SOLVED]

Indicator counting condition twice [SOLVED]