gokhantk 4 posts msg #151491 - Ignore gokhantk |
3/27/2020 10:06:51 AM
Hi,
I'm new here. I read the manual but I couldn't figure out why this is not working.
"high reached (high 3 months high 2 weeks ago) within last 2 weeks"
I am trying to get list of the stocks reached their pre-crash high ( I use "high 3 months high 2 weeks ago" to find this) within the last 2 weeks.
Also
1- I guess I needed to use parentheses or use user defined variable to make it clear that within last week won't be applied to the filter within the parentheses but to the overall filter. Is this correct?
2- Why am I need to use "high 3 months high" instead of simply "3 months high". They return different results.
Thanks in advance
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olathegolf 119 posts msg #151498 - Ignore olathegolf |
3/27/2020 1:18:05 PM
Maybe something like this:
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xarlor 587 posts msg #151500 - Ignore xarlor |
3/27/2020 1:45:12 PM
2- Why am I need to use "high 3 months high" instead of simply "3 months high". They return different results.
Most people don't know this, but the first part indicates which part of the candle and the last part indicates if you want the highest in the period or the lowest. So you could filter for "Of all the LOWS in the last 3 months, which of them was the highest?". Or, "Of all the CLOSE in the last 3 months, which was lowest of them?"
See my example below.
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gokhantk 4 posts msg #151508 - Ignore gokhantk modified |
3/27/2020 3:36:45 PM
Thank you for the answers.
Since I needed to use another high, I assumed that "3 Months High" is returning a candle not a number and what you (xarlor) say confirms this. Although I would expect that to return the highest already. User manual should include such details.
By the way, numbers returned in your SPY example is weird. I couldn't figure out what it considers as a "low" because lowest low (218.26) is clear but highest low(229.68) does not make sense to me.
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xarlor 587 posts msg #151509 - Ignore xarlor modified |
3/27/2020 4:43:42 PM
Highest Low in this example means you take every Low of every day for the last 3 months. Then you sort those numbers from smallest to largest. The largest of these numbers is your Highest Low.
You mention 229.68. That is not the highest low, but the lowest high. In other words, take all the HIGHs of every day for the last 3 months. Sort those from smallest to largest. The smallest of these is the lowest high.
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gokhantk 4 posts msg #151512 - Ignore gokhantk |
3/27/2020 6:25:32 PM
I still think 229.68 is highest low because in your filter:
set{L3H,high 3-month low}
add column L3H {Lowest 3-month high}
So your labeling seems to be wrong. Please correct me if you still think that's not the case.
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nibor100 1,044 posts msg #151515 - Ignore nibor100 |
3/27/2020 8:35:54 PM
@gokhantk,
I think he has labeled it correctly as I explain below:
This is how StockFetcher parses Xarlor's line of code "set{L3H,high 3-month low} "
name a variable L3H and,
choose the price 'High' (not the price Low, Open, or Close) and,
for the price 'High' for that symbol, determine the '3 month low' by throwing out all High prices higher than the lowest High price occurring in the past 3 months and,
place that value in variable L3H
You can double check if I'm right by adding this line to his filter:
draw l3h on plot price
or even this line
draw l3h
hope this helps,
Ed S.
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gokhantk 4 posts msg #151527 - Ignore gokhantk modified |
3/28/2020 5:52:42 AM
@nibor100:
Thank you for the clarification.
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