Lowest Low x Periods Trailing indicator

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #70986 quote
    kerna98
    Participant
    New

    Hi all,

    I’m trying to create an indicator to trail the price, similar to SuperTrend indicator. My aim is to trail the last “Lowest[x](low)” each time this value is higher than the previous one, but from a specific date.

    eg. Let’s say I enter a position in the FTSE on April 20th and want to trail the Lowest Low from the past 5 periods with each new subsequent candle from this date. Every time the Lowest[5](low) is higher than the previous figure, then my indicator line will go higher.

    I can currently do this on MetaStock and have attached a screenshot to give you an idea of what I mean. Is this possible to do on PRT?

    example.jpg example.jpg
    #71073 quote
    Nicolas
    Keymaster
    Master

    So you want to trail a position you enter manually?

    #75137 quote
    Zvi Oren
    Participant
    New

    Hi kerna98,

    May you please share your Metastock code?

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.

Lowest Low x Periods Trailing indicator


ProOrder: Automated Strategies & Backtesting

New Reply
Author
author-avatar
kerna98 @kerna98 Participant
Summary

This topic contains 2 replies,
has 3 voices, and was last updated by Zvi Oren
7 years, 8 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 05/21/2018
Status: Active
Attachments: 1 files
Logo Logo
Loading...