New daily high using intraday bars
Author: trader rog
Creation Date: 6/28/2011 11:53 AM
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trader rog

#1

6/28/2011 11:53 AM

I'm looking for the previous day's high to have reached a new 10 day high using intraday bars. The following code doesn't work but I think it's almost there. Can someone please have a look?

CODE:
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Eugene

#2

6/28/2011 12:11 PM

high1dayhigh[bar1] here is the High price of the bar1 dynamically changing with bar number.

If you intended to compare the today's High, then you need to keep saving High[bar] in a variable (let's call it highOfDay) and compare the High[bar] with that variable. If the current High is not higher than the highOfDay, then the highest reached price have remained. Now, compare highOfDay and high10dayhigh.
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trader rog

#3

6/28/2011 2:32 PM

My intention is for bar1 to be the closing bar of the previous day and to remain static. I'm looking for yesterday's high to have reached a new 10 day high.

I think I left out an important detail. I am trying to use it in this loop:

CODE:
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Eugene

#4

6/28/2011 2:54 PM

I misread your post.

Although the reason of avoiding SetScaleDaily is unknown to me, how about shifting the Daily High one bar to get yesterday's high?
CODE:
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Cone

#5

6/28/2011 2:58 PM

Here's how I'd do it (not in a loop).

CODE:
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trader rog

#6

6/28/2011 9:48 PM

Thanks guys. I didn't realize this could be done using SetScaleDaily. That's much easier than what I was attempting to do.
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