how do i calculate the value of an indicator on Nth previous bar?

• 08/19/2021 at 4:30 PM #175711
  borderlineJim

  hello again

  I was wondering if any of the programming wizards could help with some simple code…

  I would like to calculate the value of an indicator (ATR) on a previous bar so that I can potentially open positions if the volatility is rising…  I was thinking of using just 2 bars for this.  This will act somewhat like a filter.

  Simply put:  if after 2 bars the volatility is rising based on the ATR value, then I will look to open a position on the 3 bar (using a trigger from a lower time-frame).  I hope this makes sense.

  Kind Regards

  Jim

  

  borderlineJim

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  08/19/2021 at 4:45 PM #175719
  robertogozzi

  Simply use [N] to refer to the previous Nth bar.

  ATR = AverageTrueRange[14](close) IF ATR[2] THEN //check the ATR value 2 bars ago . . ENDIF

  1 2 3 4 5

  ATR = AverageTrueRange[14](close) IF ATR[2] THEN    //check the ATR value 2 bars ago . . ENDIF

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  borderlineJim

  

  robertogozzi

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  08/20/2021 at 10:05 AM #175762
  borderlineJim

  thanks again Roberto!

   

  

  borderlineJim

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