LowestBar() function with up arrow for the candle

[marcusplexus]

Hi,


Is it possible to locate the lowest low of the last 20 bars using the LowestBar() function ? If so, what would go between the parenteses?

Also, if such a value is obtainable, is it possible to print an up arrow for that bar/candle?

Thanks?

[NinjaTrader_CalH]

Hi Marcusplexus,

Thanks for the Post.

It is possible to locate the lowest low of the last 20 bars using the LowestBar() Function. In the parentheses you will put the following in –
• Any DataSeries type object such as an indicator, Close, High, Low, etc...
• Period or number of bars to check for the condition
• I.E. LowestBar(Low, 20)
Using the DrawArrowUp() will allow you to place an up arrow for and at that lowest value Bar.
In your OnBarUpdate(), you would place this code

DrawArrowUp("TheLowBar", true, LowestBar(Low, 20), Low[LowestBar(Low,20)] - TickSize, Color.Red);

Click here for more info on DrawArrowUp()
Click here for more info on LowestBar()

Please let me know if I can be of further assistance

[marcusplexus]

Excellent! Thanks!

[eNhale]

Hey @ll, i want to do the same with multiple timeframes

I am so far:

Print(Time[0].ToString());
Print(Low[LowestBar(Low, 20)]);
Print(MIN(Low, 20)[0]);
Print(Lows[Timeframe][LowestBar(Low,20)]);

DrawArrowUp("TheLowBar"+CurrentBar, true, LowestBar(Low, 20), Lows[Timeframe][LowestBar(Low,20)] - TickSize, Color.Red);

and the arrows are looking good, BUT when I add this information into my StopSystem:

-->
SetStopLoss("Name",CalculationMode.Price, Low[LowestBar(Low, 96)] ,true);
---> this is working somehow and put the Stop at the lowest bar of the 96 Bars, right?

But if I try to switch from 5min to 60min i need something like
SetStopLoss("Name",CalculationMode.Price, Lows[Timeframe][LowestBar(Low,20)] ,true);
dont I?
--> most confusing --> I just allowed long trades but here i get short trades as well?!

I hope you get what I want :-)
Some kind of trailing depending on the low of the last 20 bars and working in multiple Timeframes.

[NinjaTrader_ChelseaB]

Hi eNhale,

This is mostly correct with one small error.

When using an input source for the call to LowestBar, supply the Lows with the proper BarsArray index.

For example:
SetStopLoss("Name",CalculationMode.Price, Lows[1][LowestBar(Lows[1],20)] ,true);
SetStopLoss("Name",CalculationMode.Price, Lows[Timeframe][LowestBar(Lows[Timeframe],20)] ,true);

[eNhale]

Hi ChelseaB,

you made my day!
Thank you for the super fast and 100% helping answer!!!!