Download: offset-i.ela
File Includes: Indicator - Offset Anything Ind
Category: Indicator > Miscellaneous
Description:
This is an indicator that plots back X bars. It will allow you to offset the plot back in time. This is used most commonly to identify the actual swinghigh or low point. Since we do not know we have a swing until after the fact, this allows us to plot back X number of bars.
See also:
PaintBar - Offset Anything PB
ShowMe - Offset Anything SM
Usage:
When using this with the swing functions be sure the Offset value is eqaul to strength. The 'where' value in the indicator and the showme should also be the value of the where you want it ploted offset by the strength.
Example: Offset=2 Anything=Swinghigh(1,high,2,20), Where=High[2]
Inputs:
Offset - number of bars to offset
Anything - required condition
EasyLanguage Code:
INPUT: OFFSET(1), ANYTHING(H<H[1] AND H[2]<H[1]),WHERE(H[1]);
IF ANYTHING THEN
PLOT1[OFFSET](WHERE,"OFFSET");