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Date/Time: Thu, 09 May 2024 22:43:47 +0000



Post From: Does SC have a one time framing up and one time framing down indicator?

[2021-03-03 07:02:43]
SC Support Tom - Posts: 450
So let me bring this all together.

One Time Framing - Up
The prerequisite condition is:

L[2] < L[1] && L[1] < L (uptrend)

If the prerequisite condition is met, then the chart enters the OTF - Up state if:

L[1] > L - N*s

Once in such a state, the chart exits the OTF - Up state if:

LSHL - N*s > L,

where

LSHL[0] = L[0], and for t > 0 LSHL = max(LSHL[1],L[1])

And analogous conditions exist for OTF - Down.

Have I got all of that right?