lowest low with condition based on moving average

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12/15/2019 at 6:01 PM #114933 quote

AE
Participant

Senior

Hi all,

I would like to know if there is any way to get the lowest (or highest) price with a condition.

For example, I would like to know the lowest price for DAX since Price crosses over SMA 200 and SMA200 crosses over SMA100.

Thanks

example.jpg

12/15/2019 at 6:26 PM #114935 quote

Vonasi
Moderator

Master

Yes that is possible but you won’t know that it is the lowest price until the condition is no longer true. So it depends whether you are interested in the actual price or the actual time!

12/15/2019 at 6:33 PM #114936 quote

AE
Participant

Senior

Thanks Vonasi, I´m interest in the actual time.

12/15/2019 at 7:42 PM #114938 quote

Vonasi
Moderator

Master

You can’t know the time until the condition is no longer true so you can never trade at this time. See image.

Screenshot_1.png

12/15/2019 at 8:36 PM #114941 quote

AE
Participant

Senior

You are right, plenty of time happens lowest price but I just want the lowest price since LAST cross.

Please check the picture.

There is any way to know this lowest price with both condition (since last MA´s crosses and under SMA200) ?

example-1.jpg

12/16/2019 at 9:16 AM #114950 quote
Nicolas
Keymaster

Master
The below code is computing the lowest low when MA100 is under the MA200 and reset that value each time the MA100 crosses under the MA200.
```
ma100=average[100]
ma200=average[200]

if ma100 crosses under ma200 then 
ll=ma200
endif
if ma100<ma200 then 
ll=min(ll,low)
endif

return ma100,ma200,ll
```
AE thanked this post

lowest-low-under-ma.png
12/16/2019 at 9:19 AM #114952 quote
Vonasi
Moderator

Master
This indicator will show each new low after MA100 has crossed below MA200 and price is below MA200. It draws an arrow each time a new low is found and draws a line at the last lowest value found. It resets every time price goes back above MA200.

It is an indicator but should give you some idea how to achieve what you want in a strategy. (I’m a little confused by exactly what you want!)
```
if average[100] crosses under average[200] then
flag = 1
endif

if average[100] crosses over average[200] then 
flag = 0
endif

if average[100] < average[200] and average[100](close[1]) > average[200](close[1]) then
mylow = low
endif

if flag and close < average[200] then
mylow = min(low,mylow)
if low = mylow then
drawarrowup(barindex,low) coloured(128,0,0)
endif
endif

return mylow
```
AE thanked this post
12/16/2019 at 9:43 AM #114955 quote

AE
Participant

Senior

Thanks both,

Maybe I confuse you because I didn’t explain very well.

I´m triying to do backtest of COMA strategy: https://medium.com/@rcanessa/estrategia-de-trading-coma-para-mercados-en-tendencia-df74b8dd87a5

https://www.youtube.com/watch?v=BFXp7OLfDtM&t=2s

It’s in spanish but if you need I can translate it.

Do you know this strategy?

12/16/2019 at 10:08 AM #114956 quote
AE
Participant

Senior
Ok, I just make it with the idea of both
```
ma100=average[100]
ma200=average[200]
 
if ma100 crosses under ma200 then
mylow = 9999999999
endif
if ma100 > ma200 and low < ma200 then
mylow = min(low,mylow)
if low = mylow then
drawarrowup(barindex,low) coloured(128,0,0)
endif
endif
 
return mylow
```
Thanks you guys!
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