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Peak &Trough for Metastock
Rating:
4 / 5 (Votes 2)
Tags:
Peak and Trough system.
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Indicator / Formula
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{Bullish} X:=1; BarsSince(Cross(ValueWhen(1,Trough(1,C,X)<>Ref(Trough(1,C,X),-1),C),C))> BarsSince(Cross(C,ValueWhen(1,Peak(1,C,X)<>Ref(Peak(1,C,X),-1),C))); {Bearish} X:=1; BarsSince(Cross(ValueWhen(1,Trough(1,C,X)<>Ref(Trough(1,C,X),-1),C),C))< BarsSince(Cross(C,ValueWhen(1,Peak(1,C,X)<>Ref(Peak(1,C,X),-1),C)));
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Its not matched the picture
Any one know how to fix !!!!!!