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Date/Time: Wed, 19 Mar 2025 17:56:44 +0000



Post From: Spreadsheet formula help!

[2022-10-25 13:23:35]
Sawtooth - Posts: 4186
In a Formula Column, create a persistent value of the price when the alert condition is TRUE (AA3<-3000), then in K3 compare it to the current price (E3)

Here are some examples of persistent variables for a spreadsheet study:
Spreadsheet Example Formulas and Usage: Persistent and Incrementing Variables
Spreadsheet Example Formulas and Usage: Return Last Two Zig Zag Reversal Values

...Like this, in P3:
=IF(AlertConditionTrue,E3,IF(ReleaseCondition,0,P4))
then in K3:
=AND(YourOtherEntryConditions,E3>P3,P3>0)

Notes:
-Create the persistent value with an event, then release it with another event, so it's ready for the next signal.
-It's not possible to capture an intrabar value, only a close-of-bar value, so the alert condition must be true at close-of-bar.