How to check current candle is bigger than previous n candles or not?

• 06/11/2018 at 9:40 AM #72841
  chichihang

  Hi,

  I’d like to know how to write a code which allow to check if current candle has a larger body than previous n candles or not. This checking keep repeating when next candle starts.

  Thanks

  

  chichihang

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  06/11/2018 at 10:14 AM #72848
  robertogozzi

  This should do

  ONCE n = 20 Body = abs(close - open) HighestBody = (Body = highest[n](Body)) RETURN HighestBody

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  ONCE n      = 20 Body        = abs(close - open) HighestBody = (Body = highest[n](Body)) RETURN HighestBody

   

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  robertogozzi

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  06/11/2018 at 11:28 AM #72860
  Vonasi

  That code can also be adapted easily to look for the largest range in n candles.

  Numcandles = 20 Rnge = abs(High - Low) LargestRange = (Rnge = highest[NumCandles](Rnge)) RETURN LargestRange

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  Numcandles = 20   Rnge = abs(High - Low) LargestRange = (Rnge = highest[NumCandles](Rnge))   RETURN LargestRange

  and also sometimes it is interesting to know when a candle has the smallest body or range in n candles. Quite useful to get out of the market with your profit when the market has gone a bit flat.

  NumCandles = 20 Body = abs(close - open) SmallestBody = (Body = lowest[NumCandles](Body)) Rnge = abs(High - Low) SmallestRange = (Rnge = lowest[NumCandles](Rnge))

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  NumCandles = 20   Body = abs(close - open) SmallestBody = (Body = lowest[NumCandles](Body))   Rnge = abs(High - Low) SmallestRange = (Rnge = lowest[NumCandles](Rnge))

   

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