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5 / 5 (Votes 1)

metastock, pattern

Submitted by kaiji about 15 years ago

Submitted by chsmcp about 12 years ago

Submitted by aashish51 about 13 years ago

Submitted by roszyk about 14 years ago

Submitted by chsmcp about 12 years ago

Submitted by tasma about 13 years ago

Indicator

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{ Detects lowest historical Pip on chart }
{ Use on any periodicity }
 
{ Copyright 2005 Jose Silva }
{ For personal use only }
{ http://www.metastocktools.com }
 
noPip:=100;
p1:=If(H-O=0,noPip,H-O);
p2:=If(O-L=0,noPip,O-L);
p3:=Abs(If(O-C=0,noPip,O-C));
p4:=If(H-C=0,noPip,H-C);
p5:=If(C-L=0,noPip,C-L);
p6:=If(H-L=0,noPip,H-L);
p7:=Abs(If(O-Ref(C,-1)=0,noPip,O-Ref(C,-1)));
minPip:=Min(p1,Min(p2,Min(p3,Min(p4,Min(p5,
Min(p6,p7))))));
 
{ With thanks to MG Ferreira }
Lin2Log:=Log(Lowest(minPip)+.000001)/Log(10);
pip:=Exp((Int(Lin2Log)-1)*Log(10));
 
pip

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Pip Detector by Jose Silva for Metastock
kaiji
over 14 years ago
Metastock

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