Code for setting a value at a certain point

• 03/12/2018 at 3:27 PM #65118
  Louwrens

  Hi

  I am trying to code in come divergence. I have an indicator that draws the low and high of the last 25 candles, I want to record the value of the RSI at whatever candle it happened the first time and then compare the RSI with when the price breaks that level.

  IF low <= indicator2 then MYRSI1 = RSI

  1 2	IF low <= indicator2 then MYRSI1 = RSI

  I tried this but it resets MYRSI1 to the value where the priced dropped below the line again(indicator2 in the low line)

  Lets say the market makes a low at candle 15. I want to save the RSI value at the point. On candle 30 it breaks the low, I then want to compare the current RSI value to the one saved at candle 15

  

  Louwrens

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  03/13/2018 at 11:09 AM #65183
  GraHal

  IF low <= indicator2 then MYRSI1 = RSI Mybarindex = barindex Endif

  1 2 3 4

  IF low <= indicator2 then MYRSI1 = RSI Mybarindex = barindex Endif

  

  GraHal

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  03/13/2018 at 4:43 PM #65253
  Louwrens

  Thanks Grahal. Eventually figured it out. Wrote an indicator and works great.

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  GraHal

  

  Louwrens

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  12/20/2019 at 1:28 AM #115279
  VN

  Hi Grahal, I have a similar objective to Louwrens, but I am trying to record the price (the closing price) once an event takes place and then I want to go back and reference that price.

  Example:

  IF ShortOnMarket AND (TRADEPRICE – CLOSE) > 10 THEN myTrigger = close EndIf

  1 2 3

  IF ShortOnMarket AND (TRADEPRICE – CLOSE) > 10 THEN myTrigger = close EndIf

  But I only want the “myTrigger” variable to be updated only once such that on the next candle if the TRADEPRICE – CLOSE becomes 11, I don’t want to record the price. I only want the variable “myTrigger” to be updated with the closing price the first and only time the (TRADEPRICE – CLOSE ) > 10 condition is met.

  Do you know is there a way this can be done?

  

  VN

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  12/20/2019 at 8:56 AM #115284
  robertogozzi

  >> For clarity of messages on ProRealCode’s forums, please use the “insert code PRT” button to separate the text of the code part! Thank you! <<
  🙂

  

  robertogozzi

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  12/20/2019 at 9:11 AM #115285
  Nicolas

  You can make a test to know if you have already updated the variable for that specific order: (by using TRADEINDEX)

  IF ShortOnMarket AND (TRADEPRICE – CLOSE) > 10 and tradeindex<>triggerindex THEN myTrigger = close triggerindex = tradeindex EndIf

  1 2 3 4

  IF ShortOnMarket AND (TRADEPRICE – CLOSE) > 10 and tradeindex<>triggerindex THEN myTrigger = close triggerindex = tradeindex EndIf

  (not tested).

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  GraHal

  

  Nicolas

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