Indicator value changed condition
Author: swiftmoscow
Creation Date: 1/19/2012 2:02 PM
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swiftmoscow

#1

1/19/2012 2:02 PM

Is there any way to track if custom indicator changes its value. For example how to use as a condition in If() that Highest.Series value changed?
Thank you.
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Eugene

#2

1/19/2012 2:17 PM

Save the indicator's value to a variable and compare.

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Cone

#3

1/19/2012 11:01 PM

Or more simply, to see if the value changed from the previous bar...
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swiftmoscow

#4

1/20/2012 11:09 AM

Thank you. How can I restart series to count it from market open every day? I use highest.series, but when new day starts it get value from previous day.
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Eugene

#5

1/20/2012 11:54 AM

See IntradayBarNumber in the QuickRef. It's 0 on the first bar of a trading session.
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Cone

#6

1/20/2012 12:48 PM

This might not be obvious, so to get the highest High for the current day in an intraday chart...
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Eugene

#7

1/20/2012 1:07 PM

Just added this to our Knowledge Base: Intraday | Building blocks of Intraday trading strategies

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Cone

#8

1/20/2012 2:21 PM

But actually, that´s a very inefficient solution because the Value method has to go through every bar of the day on each bar. This is much more efficient -

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