New High LE: Difference between revisions
From MultiCharts
(Created page with "New High LE looks for a new high value of the period specified in the PeriodType input. The strategy generates a long entry order for the next bar at one point above the highe...") |
|||
| Line 8: | Line 8: | ||
'''5''' – yearly<br> | '''5''' – yearly<br> | ||
Below '''2''' or above '''5''' – entire chart<br> | Below '''2''' or above '''5''' – entire chart<br> | ||
If PeriodType is set to 2-5, the highest value will be reset to the first high of | If PeriodType is set to 2-5, the highest value will be reset to the first high of each new time period. | ||
[[Category:Pre-built Signals]] | [[Category:Pre-built Signals]] | ||
Latest revision as of 15:39, 8 October 2021
New High LE looks for a new high value of the period specified in the PeriodType input. The strategy generates a long entry order for the next bar at one point above the highest high of the current period.
Default Inputs
PeriodType (1) sets the time period to determine a new high.
The following values are possible:
2 – daily
3 – weekly
4 – monthly
5 – yearly
Below 2 or above 5 – entire chart
If PeriodType is set to 2-5, the highest value will be reset to the first high of each new time period.
