Extreme Finder
Posted: Wed Mar 28, 2012 2:30 pm
You can define asymmetrically within which period of time you want to find extreme. Also, it is possible to define the minimum body size of the candle for current and period that follows immediately after.
This is a simplified algorithm.
- Code: Select all
if BMax <= high and FMax <= high then
We have Up Signal
end
if BMin >= low and FMin >= low then
We have Down Signal
end
Bmax, Bmin as the previous period N Max, Min.
Fmax, Fmin as following N period Max, Min.
Forward component causes repaint.
EF based strategy.
viewtopic.php?f=31&t=69349