Remove inside bars from calculations

• 12/01/2022 at 4:03 PM #205130
  blackwing

  Hi,

  Is there a way to remove all the inside bars, so that the code ignores them in its calculations? So for example I am looking for a directional bar down (Low> Low[1]) , (High < High[1]) ,relative to the previous bar that is not an  inside bar.

  I would still like to display all the bars as normal on the chart.

   

  Many thanks in advance.

  

  blackwing

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  12/01/2022 at 4:25 PM #205131
  blackwing

  Sorry I meant (low<Low[1]) and (High<High[1]).

  

  blackwing

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  12/01/2022 at 5:14 PM #205133
  robertogozzi

  Is this what you mean?

  InsideBAR = 0 IF (high <= high[1]) AND (low >= low[1]) THEN InsideBAR = 1 ENDIF Signal = 0 IF Not InsideBAR THEN IF (low < low[1]) AND (high < high[1]) THEN Signal = 1 ENDIF ENDIF RETURN Signal AS "My Pattern"

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  InsideBAR = 0 IF (high <= high[1]) AND (low >= low[1]) THEN    InsideBAR = 1 ENDIF Signal = 0 IF Not InsideBAR THEN    IF (low < low[1]) AND (high < high[1]) THEN       Signal = 1    ENDIF ENDIF RETURN Signal AS "My Pattern"

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  robertogozzi

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  12/02/2022 at 2:56 PM #205184
  blackwing

  Not quite. Unless I have misunderstood how to use your code.

  I am working on an indicator that requires inside bars (or multiple inside bars) to be ignored completely. The problem comes when a bar down comes after an inside bar but itself is an inside bar to a previous larger bar.

  I am looking to find a low bar relative to the previous bar that is not an inside bar. I thought if I removed all inside bars from the calculations then the (Low<Low[1]) and (High< High[1]) would work correctly based on the remaining bars.

  Pic attached

  

  blackwing

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  12/04/2022 at 11:29 AM #205233
  robertogozzi

  This modified version tracks an InsideBAR until any of its limits are broken, thus preventing signals from being returned:

  ONCE InsideBAR = 0 ONCE InsideHH = 0 ONCE InsideLL = 0 IF InsideBAR THEN IF (high > InsideHH) OR (low < InsideLL) THEN InsideBAR = 0 InsideHH = 0 InsideLL = 0 ENDIF ENDIF IF ((high <= high[1]) AND (low >= low[1])) AND Not InsideBAR THEN InsideBAR = 1 InsideHH = high[1] InsideLL = low[1] ENDIF Signal = 0 IF Not InsideBAR THEN IF (low < low[1]) AND (high < high[1]) THEN Signal = 1 ENDIF ENDIF RETURN Signal AS "My Pattern"

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  ONCE InsideBAR = 0 ONCE InsideHH  = 0 ONCE InsideLL  = 0 IF InsideBAR THEN    IF (high > InsideHH) OR (low < InsideLL) THEN       InsideBAR = 0       InsideHH  = 0       InsideLL  = 0    ENDIF ENDIF IF ((high <= high[1]) AND (low >= low[1])) AND Not InsideBAR THEN    InsideBAR = 1    InsideHH  = high[1]    InsideLL  = low[1] ENDIF Signal = 0 IF Not InsideBAR THEN    IF (low < low[1]) AND (high < high[1]) THEN       Signal = 1    ENDIF ENDIF RETURN Signal AS "My Pattern"

   

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  robertogozzi

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  12/05/2022 at 7:45 PM #205295
  blackwing

  Yes that’s it.

  Thank you Roberto

  

  blackwing

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