STD Last Low and last High

• 01/07/2022 at 1:39 AM #184791
  Khaled

  Hello,

  I’d like to call in my system the BARINDEX[n] of the  LAST Low and the last High of STD[20] (not the highest[p] or Lowest[p]), because if I use highest[p], it is possible that the result is the second to last (if it’s higher than the last one). So the question is if I’m at the last candle what’s the number [n] of the last high of STD.

  I tried Array with no success certainly due to my limited skills. It should look like this:

  iSTD = STD[20] // find "n" which corresponds to the number the of the last High / Low of iSTD cond1 = iSTD[1]>iSTD and iSTD[1]>iSTD[2] cond2 = iSTD[1]<iSTD and iSTD[1]<iSTD[2] //find "n" return n

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  iSTD = STD[20]   // find "n" which corresponds to the number the of the last High / Low of iSTD   cond1 = iSTD[1]>iSTD and iSTD[1]>iSTD[2]   cond2 = iSTD[1]<iSTD and iSTD[1]<iSTD[2]   //find "n"   return n

  Thanks a million.

   

  

  Khaled

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  01/07/2022 at 9:40 AM #184800
  robertogozzi

  If you don’t use any period, any bar can be either the new LOW or the new HIGH.

  You always have to set an interval/range, usually it’s periods, or the whole data history.

  Try this one:

  If iSTD < iSTD[1] then LowBAR = barindex Endif If iSTD > iSTD[1] then HighBAR = barindex Endif

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  If iSTD < iSTD[1] then    LowBAR = barindex Endif If iSTD > iSTD[1] then    HighBAR = barindex Endif

  LowBAR and HighBAR are the barindex numbers you are looking for.

   

   

  

  robertogozzi

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  01/07/2022 at 10:43 AM #184810
  Khaled

  Many thanks Roberto!

  

  Khaled

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  01/07/2022 at 11:02 AM #184813
  SnorreDK

  Hi Khaled and robertogozzi.

  How would u use this in a strategy.

  I trying to make a simple and hopefully as robust strategy as possible.

  A mtf strategy with 1 indicator with inspiration from Jebus89

  timeframe daily: rsi 2 > 95

  timeframe 4 hours: rsi 2 > 95

  timeframe 1 hour: rsi crosses under 95

  Sell at daily timeframe when rsi 2 crosses under 30

  https://www.prorealcode.com/topic/multitimeframe-simple-conditions/page/2/

  Someting like this but maybey with std highbar lowbar.  What do u think?

  

  SnorreDK

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  01/07/2022 at 12:19 PM #184821
  Khaled

  Hi SnorreDK

  Thanks for your feedback and the suggestion to use RSI[2] crossing on higher TF.

  What I observed on the attached graph, is that if you go Long or Short according to your entry point and want to optimize Exit point (not too early, not too late), then you should Exit at the next turning point of the STD. Obviously I tried the following but  it didn’t give optimum result.

  if shortonmarket and (close>close[1] and high>high[1] and low>low[1]) then exitshort at market endif if longonmarket and (close<close[1] and high<high[1] and low<low[1]) then sell at market endif

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  if shortonmarket and (close>close[1] and high>high[1] and low>low[1]) then exitshort at market endif   if longonmarket and (close<close[1] and high<high[1] and low<low[1]) then sell at market endif

   

  Any clue how to code this LAST STD[20] turning point?

  

  Khaled

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  01/07/2022 at 12:34 PM #184823
  robertogozzi

  You simply have to check when STD[20]  is greater or lower than the prior bar.

   

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  Khaled

  

  robertogozzi

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  01/07/2022 at 12:39 PM #184825
  Khaled

  Thanks robertogozzi, you always save me time. Often times, the simplest solutions are the best.

  

  Khaled

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  01/07/2022 at 1:00 PM #184827
  SnorreDK

  If u come up with something it would be intresting to see khaled

  

  SnorreDK

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  01/08/2022 at 2:09 PM #184886
  Khaled

  So just to update you… I tested exit option (1) cross over/under RSI[n] as suggested above vs. (2) STD reversal and the RSI outperforms by far, despite the STD looks very on the graph :). This is obviously based on my system, it doesn’t mean it’s true across the board.

  

  Khaled

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  01/08/2022 at 2:17 PM #184887
  SnorreDK

  Intresting.

  Thanks for ur feedback khaled.

  What entryposition do u use

  

  SnorreDK

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  01/08/2022 at 2:26 PM #184889
  Khaled

  You mean my system? it’s based on a combination of Stochastics, MACD, MAs with a few filter. Still under development.

  1 user thanked author for this post.

  SnorreDK

  

  Khaled

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