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Understanding the “Highest” and “Lowest” indicators in Building Blocks

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afhampton

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6 years ago #201271

Can someone explain to me how the Highest and Lowest indicators work and how to get them to display/paint on a chart?

 

 

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Karish

Customer, bbp_participant, community, sq-ultimate, 444 replies.

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6 years ago #201301

Highest and Lowest rules means the Highest and Lowest point few bars back,

example will be: MA 20 Closed above Highest[20] = BUY,

that means that when MA 20 has been closed above the Highest point (High) of bar number 20 it will execute a buy order.

though it must be confirmed by the DEV team, although i am really sure that it is what it does.

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Gustaw

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6 years ago #202766

I am also interested in using Highest and Lowest. Please example file

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tomas262

Administrator, sq-ultimate, 2 replies.

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6 years ago #202807

Hello,

the “highest” block evaluates the highest high over defined period (# of bars) while the “lowest” checks for the lowest low price.

So it is not a single bar high/low. For what Karish described the High[x] or Low[x] blocks is being used

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Gustaw

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6 years ago #202811

<span style=”vertical-align: inherit;”><span style=”vertical-align: inherit;”>Witaj! </span></span>
<span style=”vertical-align: inherit;”><span style=”vertical-align: inherit;”>Pokaż mi, jak zapisać najwyższy stan</span></span>

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Gustaw

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6 years ago #202813

Hello!
Please show me how to save the highest condition

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tomas262

Administrator, sq-ultimate, 2 replies.

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6 years ago #202851

Hello,

try to use shift = 2 on Highest otherwise High[1] price will also be included in the highest high calculation hence the condition can never be valid

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Gustaw

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6 years ago #202929

Thank you is ok.

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