"Using the value of highs" for what? If all you want to do is chart, then go for it. The chart will look fine. It just won't look the same! It will constantly update as new bars come in.
If you want to use it for discretionary trading *with the understanding* that the signals you're trading will get revised as more data comes in. Fine. But, if you want to run a backtest, you cannot use the values. Full stop. No way around it. If at any bar you find yourself making use of information based upon later bars, then you've got a future leak and your implementation is only good for charting. It cannot be traded, and any backtest would be meaningless. For example; At bar 5 you *cannot* be allowed to know that the last swing high takes place on bar 500. So, yes, I see something wrong with using the values after the loop. Finally, using BarsSince is fine. Just so long as you don't reference any of its values beyond the current bar. Mike --- In [email protected], "booker_1324" <booker_1...@...> wrote: > > Hi Mike, > > Using your code > > ... > if (bigHigh[bar]) { > lookingForHigh = false; // now looking for low > PlotText("HH" + highs, bar, High[bar], colorGreen); > highs++; > } > ... > > Do you see anything wrong with using the value of highs after the loop > as the last swing high and (highs -1) as the second to last swing high and > (highs -2) as the third last swing high and doing the same with lows? > > Also, is it feasible to use BarsSince(low)? > > --- In [email protected], "Mike" <sfclimbers@> wrote: > > > > Sure, just initialize a variable to track the number of highs then use > > PlotText to write out the count. Do the same for lows. > > > > e.g. (untested) > > > > highs = 1; > > > > ... > > if (bigHigh[bar]) { > > lookingForHigh = false; // now looking for low > > PlotText("HH" + highs, bar, High[bar], colorGreen); > > highs++; > > } > > ... > > > > Mike > > > > --- In [email protected], "booker_1324" <booker_1324@> wrote: > > > > > > Nice code Mike, to take this a step farther, is it posible to attach a > > > label to each HHV and LLV such as HH1, HH2, HH3, LL1, LL2, and LL3 > > > without referencing future quotes? > > > > > > --- In [email protected], "Mike" <sfclimbers@> wrote: > > > > > > > > What makes you think that you are changing the step size? From what I > > > > see, you're still advancing a single bar at a time. > > > > > > > > bigHigh = high >Ref (hhv(high,50),-1); > > > > smallLow = low < Ref (llv(low,50),-1); > > > > lookingForHigh = true; > > > > > > > > for (bar = 0; bar < BarCount; bar++) { > > > > if (lookingForHigh) { > > > > if (bigHigh[bar]) { > > > > lookingForHigh = false; // now looking for low > > > > } > > > > } else { > > > > if (smallLow[bar]) { > > > > lookingForHigh = true; > > > > } > > > > } > > > > } > > > > > > > > Mike > > > > > > > > --- In [email protected], "Markus Witzler" <funnybiz@> wrote: > > > > > > > > > > Hello, > > > > > > > > > > I wonder if I can step thru a loop where the step size is being > > > > > computed WITHIN the loop. > > > > > > > > > > An example: > > > > > > > > > > I want the loop to check for every bar until high >Ref > > > > > (hhv(high,50),-1). > > > > > > > > > > From THAT bar on, the loop should check if low < Ref (llv(low,50),-1) > > > > > occured. > > > > > > > > > > Say, the first condition is true on bar 50, the loop should > > > > > afterwards start to check for the second ccondition from bar 51 until > > > > > that condition is fullfilled, say on bar 80. > > > > > > > > > > From THAT bar on, it again should check for the first condition etc. > > > > > > > > > > The thing is that I can´t tell the loop the step size in ADVANCE and > > > > > it may differ over the whole data range, depending on WHEN the > > > > > condition beign checked for is true. > > > > > > > > > > Any ideas on this? > > > > > > > > > > Thanks > > > > > > > > > > Markus > > > > > > > > > > > > > > >
