Code for setting a value at a certain point

Louwrens · 2018-03-12T14:27:08+00:00

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 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

Viewing 6 posts - 1 through 6 (of 6 total)

Author

Posts
03/12/2018 at 3:27 PM #65118 quote
Louwrens
Participant

Junior
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
```
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
03/13/2018 at 11:09 AM #65183 quote
GraHal
Participant

Legend
```
IF low <= indicator2 then
MYRSI1 = RSI
Mybarindex = barindex
Endif
```
03/13/2018 at 4:43 PM #65253 quote

Louwrens
Participant

Junior

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

GraHal thanked this post

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

Average
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
```
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?
12/20/2019 at 8:56 AM #115284 quote

robertogozzi
Moderator

Legend

>> 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! <<
🙂

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

Legend
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
```
(not tested).

GraHal thanked this post
Author

Posts