Trend Change

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  • #97973 quote
    GraHalGraHal
    Participant
    Legend

    What is the easiest way to code the attached at the point when LH and LL change over to become HH and HL … marked by the tip of the red arrow?

    Is it possible to achieve above without restrictions on a fixed number of bars lookback?

    Thank You

    HH-and-HL.jpg HH-and-HL.jpg
    #97998 quote
    VonasiVonasi
    Moderator
    Master
    c1 = (high[2] > high[1] and low[2] > low[1]) and (high[1] < high and low[1] < low)

    Not sure that I fully understand what it is that you are asking for though!

    GraHal thanked this post
    #98028 quote
    GraHalGraHal
    Participant
    Legend

    Thank you Vonasi.

    Attached is the price action I was describing  …  classic short term change of trend pattern, repeats over and over (as you know). Better confirmation with a rounded bottom or a double bottom etc, but not essential.

    2nd image is what happened after the entry point.

    Trend-change.jpg Trend-change.jpg Trend-Change-2.jpg Trend-Change-2.jpg
    #98038 quote
    Balmora74Balmora74
    Participant
    Veteran

    @Grahal

    What is the signification of the abreviation LL / HH / HL / LH ?

    is it LowLow / High High… ?

    What is the difference for example between HL end LH ?

    #98048 quote
    GraHalGraHal
    Participant
    Legend

    What is the difference for example between HL end LH ?

    Higher Low and Lower High

    An uptrend, which is a series of higher swing highs and higher lows, reverses into a downtrend by changing to a series of lower highs and lower lows. A downtrend, which is a series of lower highs and lower lows, reverses into an uptrend by changing to a series of higher highs and higher lows.

    https://www.investopedia.com/terms/r/reversal.asp

    Balmora74 thanked this post
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Trend Change


ProOrder: Automated Strategies & Backtesting

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This topic contains 4 replies,
has 3 voices, and was last updated by GraHalGraHal
7 years, 6 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 05/08/2019
Status: Active
Attachments: 3 files
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