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Lowest Low x Periods Trailing indicator

kerna98 · 2018-05-21T06:35:04+00:00

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?

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Lowest Low x Periods Trailing indicator

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05/21/2018 at 7:35 AM #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

05/22/2018 at 8:50 AM #71073 quote

Nicolas
Keymaster

Legend

So you want to trail a position you enter manually?

07/03/2018 at 9:56 AM #75137 quote

Zvi Oren
Participant

New

Hi kerna98,

May you please share your Metastock code?
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Lowest Low x Periods Trailing indicator

ProOrder: Automated Strategies & Backtesting

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kerna98 @kerna98 Participant

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

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	05/21/2018
Status:	Active
Attachments:	1 files

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Lowest Low x Periods Trailing indicator

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Lowest Low x Periods Trailing indicator ProOrder: Automated Strategies & Backtesting

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Lowest Low x Periods Trailing indicator

ProOrder: Automated Strategies & Backtesting