comparing indicator values from x candles ago

simeong · 2018-08-31T17:32:56+00:00

Hi All, Thanks for all the support. This is a quick question. I was just wondering if they was a command to compare values [n] candles ago so for example; How would I compare if Bolinger bands were higher than the RSI for the previous two candles. Thanks in Advance,

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08/31/2018 at 6:32 PM #79483 quote

simeong
Participant

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Hi All,

Thanks for all the support.

This is a quick question. I was just wondering if they was a command to compare values [n] candles ago so for example;

How would I compare if Bolinger bands were higher than the RSI for the previous two candles.

Thanks in Advance,

08/31/2018 at 10:36 PM #79494 quote
robertogozzi
Moderator

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Comparing BB with RSI is impossible, since the first one refers to prices, while the latter to a range (0-100).

But for other indicators, yes it is easy, let’s say you want to know whether there’s been a CROSSOVER in anyone of the last 3 bars:
```
FastMA = average[5,0](close)
SlowMA = average[25,0](close)
x = summation[3](FastMA CROSSES OVER SlowMA)  //x will be true if the crossing occurred within anyone of the last 3 bars
IF x THEN......
```
If you want to test specifically the 2nd previous bar you can write:
```
x = FastMA[2] CROSSES OVER SlowMA[2] //x will be true if in the 2nd previous bar there's been a crossover
```
or (it works the same):
```
x = FastMA CROSSES OVER SlowMA //x will be true if there's a crossover
IF x[2] THEN                   //you test x for the 2nd previous bar
   .
   .
ENDIF
```
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comparing indicator values from x candles ago

ProOrder: Automated Strategies & Backtesting

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This topic contains 1 reply,
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Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	08/31/2018
Status:	Active
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