LowestBar

Modified on 2008/04/18 09:00 by Administrator — Categorized as: Standard Indicators

Syntax

public LowestBar(DataSeries source, int period, string description)
public static LowestBar Series(WealthLab.DataSeries source, int period)
public static double Value(int bar, DataSeries source, int period)

Parameter Description

source	The source DataSeries
period	Lookback period

Description

Returns the bar in which lowest value of the source DataSeries for the specified period was recorded.

See Highest for more information.

Remarks

If more than one bar has precisely the same Lowest value, then LowestBar returns the most recent bar, i.e., the bar with the latest date/time.
See LowestBar2 in TASCIndicators to return the LowestBar having the earliest date/time.

Calculation

Looks back the specified number of periods from the specified Bar and returns the Bar number with lowest price within that Period.

Example

using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies
{
	public class MyStrategy : WealthScript
	{
		protected override void Execute()
		{
			/* 
				Color areas of the chart where the 200 day 
				low has occurred within the past 20 bars
			*/
			
			double n = 0;
			
			for(int bar = 200; bar < Bars.Count; bar++)
			{
				n = LowestBar.Value( bar, Low, 200 );
				
				if( bar - n <= 20 )
					SetBackgroundColor( bar, Color.FromArgb(255, 227, 231) );
			}
		}
	}
}