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?