PL - Barssince [SOLVED]

Try · Postby **Try** » 06 May 2013

Hi
I have a problem with a Study where I'm trying to identify the number of bars since the last time price closed below an exponential moving average. I only get the total number of bars in the dataset as result of the study.

Code: Select all

Input:

	LowPrice (Low),

	EMALength (20),

	Price (close);

	

	

variables:

	barssince (0),

	_EMA_low (0);

	

_EMA_low = XAverage (EMALength, Lowprice);

	

if price < _EMA_low then

	value1 = value1 + 1



else

	value1 = 0;

	

condition1 = value1  >= 1;



if condition1 then



barssince = 0;



barssince = barssince + 1;



Plot1(barssince, "barssinceDn");

I managed to get it right when the study aimed to identify the number of bars since last time we saw three consecutive ups.

Code: Select all

inputs:

	Price( Close ),

	ConsecutiveBarsUp( 3 );

	

variables:

	barssince2 (0);

	

	



if Price > Price[1] then

	Value1 = Value1 + 1                                                     

	                                                                

else

	Value1 = 0 ;



condition1= Value1 >= ConsecutiveBarsUp ;



if condition1 then

barssince2 = 0;



barssince2 = barssince2 +1;



Plot1(barssince2, "barssince");

I would appreciate any help that would get the first of my two studies to work.

TJ · Postby TJ » 06 May 2013

Hi
I have a problem with a Study where I'm trying to identify the number of bars since the last time price closed below an exponential moving average. I only get the total number of bars in the dataset as result of the study.
....
I managed to get it right when the study aimed to identify the number of bars since last time we saw three consecutive ups.
....

I would appreciate any help that would get the first of my two studies to work.

What is your problem?
What is the purpose of the indicator? You have not specified it clearly.

Can you post a screenshot (with notes) to illustrate your problem?

Try · Postby **Try** » 07 May 2013

Sorry for not explaining my problem too well.

The study _testindicator (upper subchart in the screenshot - see attachment) returns the number of bars since most recent reading of 3 consecutive ups (The lower code in my first post from 6th of May).

The Upper code in my first post from 6th of May, aims to return the number of bars since the most recent bar closing below the exponential moving average as described in the PL-code (The red bars in the screenshot/image).
As you see from _testindicator2 in the lower subchart it returns the total number of bars in the dataset. I want the study to return the number of bars since the most recent bar closing below the exponential moving average.

Hope this makes more sense.

Henry MultiСharts · Postby **Henry MultiСharts** » 07 May 2013

Hello Try,

In the code of your top study (_Testindicator2) you need to change the order of the XAverage function inputs as the following:

Code: Select all

_EMA_low = XAverage (Lowprice, EMALength);

Try · Postby **Try** » 07 May 2013

Thanks so much. Somewwhat embarrassed here.

Thanks again.

PL - Barssince [SOLVED]

PL - Barssince

Re: PL - Barssince

Re: PL - Barssince

Re: PL - Barssince [SOLVED]

Re: PL - Barssince