Lowest function (excluding current candle)

phanz · 2021-07-25T07:54:48+00:00

Hi all, Have a qn: does the lowest function include the current candle? So example, if current day is Monday, and I want to find the lowest daily price last week, so I have to do lowest (6). But the problem is lowest (6) will consider current low also. I just want to consider the low between last monday , tues,wed,thurs,fri. How do I go about defining this pls? Tks

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07/25/2021 at 8:54 AM #174104 quote

phanz
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Hi all,

Have a qn: does the lowest function include the current candle? So example, if current day is Monday, and I want to find the lowest daily price last week, so I have to do lowest (6). But the problem is lowest (6) will consider current low also. I just want to consider the low between last monday , tues,wed,thurs,fri. How do I go about defining this pls?

Tks

07/25/2021 at 11:05 AM #174116 quote
robertogozzi
Moderator

Legend
```
Lowest[5](low[1]) //or Lowest[5](low)[1]
```
phanz thanked this post
07/26/2021 at 8:35 AM #174160 quote

phanz
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Thank you very much. Now I am able to replicate the Donchian Upper and Lower Bands (blue dots)

However, what I really want to find out is to create a narrower band of the Donchian, but keep the overall trend lines. I use the code below. Although the band has narrowed red dots, the look of the tighter band does not exactly match the Donchian bands. Any advice on how I should modify my codes to correct this? The codes are below and I have also attached the screenshot. Thank you very much.

LBand = lowest[interval](low[1]) // same as Donchian Lower Band
UBand = highest[interval](high[1]) // same as Donchian Upper Band

diffBand = (UBang-Lband)/Bfactor

LBandNew=LBand+diffband
UBandNew=UBand-diffband

return LBandNew,UBandNew, LbandOrig, UBandOrig

[attachment file=”WhatsApp Image 2021-07-26 at 1.25.57 PM.jpeg”]

07/26/2021 at 8:42 AM #174161 quote

phanz
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this is the screen shot

WhatsApp-Image-2021-07-26-at-1.25.57-PM.jpeg
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Lowest function (excluding current candle)

ProBuilder: Indicators & Custom Tools

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phanz @phanz Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by phanz
5 years, 2 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	07/25/2021
Status:	Active
Attachments:	1 files