question about fold statement

elgaza

New member
Hello I saw this code online

input period = 20; #hint period:Number of bars to look in
def Hi = fold i = 0 to period with n = high do Max(n, GetValue(high, i, period - 1));
def Lo = fold k = 0 to period with m = low do Min(m, GetValue(low, k, period - 1));
AddLabel(1, "High in last " + period + " bars = " + Round(Hi,2), Color.GREEN);
AddLabel(1, "Low in last " + period + " bars = " + Round(Lo,2), Color.GREEN);

my question is where is the line where the next number in fold is being calculated?
there are 2 fold statements here and then 2 addlabel commands, where does it end and then the next fold number is processed?
thank you
 
Hello I saw this code online

input period = 20; #hint period:Number of bars to look in
def Hi = fold i = 0 to period with n = high do Max(n, GetValue(high, i, period - 1));
def Lo = fold k = 0 to period with m = low do Min(m, GetValue(low, k, period - 1));
AddLabel(1, "High in last " + period + " bars = " + Round(Hi,2), Color.GREEN);
AddLabel(1, "Low in last " + period + " bars = " + Round(Lo,2), Color.GREEN);

my question is where is the line where the next number in fold is being calculated?
there are 2 fold statements here and then 2 addlabel commands, where does it end and then the next fold number is processed?
thank you

not sure what you are asking for. like joe said, each loop counts 20 times, then exits.

but, that counts 0 to 19 , not to 20.
it looks at the current bar and the past 19 bars, for a total of 20 bars.
the last number in a fold loop is not processed. this is why you see loops starting at 0, so the loop processes the desired quantity.

here is a test code
Code:
#fold_test2
def cnt = fold a = 0 to 4
 with b
#  add each count number (a)  to b, creating a sum of the numbers
 do b + a;
addlabel(1, "  ", color.black);
addlabel(1, "fold 0 to 4 sum  " + cnt, color.cyan);
addlabel(1, "0 to 3  " + (0+1+2+3), color.yellow);
addlabel(1, "0 to 4  " + (0+1+2+3+4), color.yellow);
#


it helps me to separate code lines, into sub parts, like this, (it will still work)
def Hi = fold i = 0 to period
with n = high
do Max(n, GetValue(high, i, period - 1));
 

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

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
298 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