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Direct MessagesDate/Time: Tue, 07 May 2024 03:46:12 +0000
Daily OHLC on intraday chart
View Count: 758
| [2016-12-18 18:13:02] |
| User170575 - Posts: 221 |
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Hi--I am trying to determine if an equity has hit a 3 day low using the Daily OHLC on an intraday chart. I think my formula is ok--ID2 being the Daily OHLC study: =AND(ID2.SG3<ID2.SG3[-1], ID2.SG3<ID2.SG3[-2], ID2.SG3<ID2.SG3[-3]) I marked the ones that do not meet the criteria: http://www.sierrachart.com/image.php?Image=1482084614644.png What am I missing?? Seems just too simple--LOL Many thanks, Cy |
| [2016-12-18 23:28:32] |
| Sawtooth - Posts: 3993 |
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Your formula is only looking at the previous 3 60min bars, not the previous 3 days. You'll need another three instances of the Daily OHLC study, and set Reference Days Back to 1,2 and 3, respectively, then compare the three Lows to the current day's Low, like this: =AND(ID2.SG3<ID3.SG3,ID2.SG3<ID4.SG3,ID2.SG3<ID5.SG3) where ID3, ID4, ID5 are the Daily OHLC of 1,2,3 days ago, respectively. |
| [2016-12-19 14:16:36] |
| User170575 - Posts: 221 |
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Many thanks Tom--appreciate your help
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