Understanding the “Highest” and “Lowest” indicators in Building Blocks
7 replies
afhampton
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?
Karish
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.
Gustaw
6 years ago #202766
I am also interested in using Highest and Lowest. Please example file
tomas262
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
Gustaw
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>
Gustaw
6 years ago #202813
Hello!
Please show me how to save the highest condition
tomas262
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
Gustaw
6 years ago #202929
Thank you is ok.
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