Support Board
Date/Time: Sun, 22 Dec 2024 10:33:29 +0000
Post From: Swing High & Low custom study - New Spreadsheets
| [2015-08-03 04:30:04] |
| bekitz3 - Posts: 83 |
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Currently the "Swing High and Low" study within Sierra offers an "Allow Equal High/Low Bars" line item with a "Yes/No" choice. All charts displayed below use a strength of -10- for High/Low and orange ellipses highlight the points of emphasis. This is a chart with the "Yes" option selected: http://www.sierrachart.com/image.php?l=1438574174185.png This is a chart with the "No" option selected: http://www.sierrachart.com/image.php?l=1438574245548.png As you can see in this 2nd chart, there are no dots present in the ellipses. My question revolves around a potential option to allow for these equal high/lows but only plot the most recent occurrence. IOW, a valid swing high could have equal or lower highs prior to it (to the left), but only lower highs beyond it (to the right). A valid swing low could have equal or higher lows prior to it, but only higher lows beyond it. An example of what that would look like: http://www.sierrachart.com/image.php?l=1438574728336.png Basically all equal valued plots to the left within the strength value chosen would be ignored and the process would "reset" in essence. I have an idea of how this could possibly be achieved using the Spreadsheet study but wanted to try this avenue first in case this was a rather simple modification/addition. Thx. |