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Date/Time: Fri, 22 Nov 2024 13:22:50 +0000



Post From: Spreadsheet Alet - Alert if Decline OF 10 TICKS

[2013-05-10 14:25:32]
Sawtooth - Posts: 4118
Without limiting the number of bars back, the best way to find the 'previous' high is to use the Zigzag study. It won't be as good as your eyes/brain, but close. The algo is complex and creating one that comes close is probably not possible with a spreadsheet study. Besides, why reinvent the wheel.

If you can accept it's choice of a high, the spreadsheet can easily be coded to alert on a 10 tick decline. Take a look at this thread from the old board:
http://www.sierrachart.com/supportboard/showthread.php?t=34862