Get the low of the bar next to the highest bar

Thinker20

New member
I have coded this; it intends to return for the low of the bar that is after the highest bar of the last 20, anyway I can get it to work?

Code:
input Bars = 20;
def HighOfBars = Highest(high, Bars);
def AfterBar = (HighOfBars[-1]);
def LowestAfter = Low[AfterBar];
 
input Bars = 20;

def HighOfBars = Highest(high, Bars);
def AfterBar = (HighOfBars[-1]);
def LowestAfter = Low[AfterBar];

I have coded this; it intends to return for the low of the bar that is after the highest bar of the last 20, anyway I can get it to work?

I think this should work. This updates only on new highs, not equal highs within the period.
Ruby:
input Bars = 20;
def lowAfterHighest = if high > Highest(high[1], Bars-1) then low[-1] else lowAfterHighest[1];
Note that it's using [-1] to look into the future from the bar that makes the new high. That means if a new high is made today it won't know until tomorrow what the new value will be.
 

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Thank you very much! I was stuck thinking about how it could be possible. After reading the code it makes perfect sense, thank you again. I just have one doubt, why did you put bars -1? It would search for the highest one bar ago high in 19 bars, isn't it?
 
why did you put bars -1? It would search for the highest one bar ago high in 19 bars, isn't it?
The reason is I'm excluding the current bar from the Highest() search with the [1] index. So it's looking at yesterday and 19 more bars leading up to yesterday. You can delete the -1 if that's not what you wanted.
 
Yes, I understand, thank you very much. Actually, perhaps you may help me solve now this problem if you can, how can I get this same code to work but between 20 and 10 bars ago? Looking forward to your answer, thank you in advance.
 

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
494 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top