Reply To: Time Count Scan

[Darren]

How to count the number of trading days since the 52 week high:

//Set lookback period; LastYear = DATATOLOAD(RANGE=Years, AMOUNT=1); //Get HighestHigh value; H1 = HIGHESTHIGH(LastYear, RANGE=All Time); //Get BarIndex value of the high bar; H2 = VALUEWHEN(BARINDEX(),H1 == HIGH()); //Calculate number of bars since; LAST(BARINDEX()) - H2

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//Set lookback period; LastYear = DATATOLOAD(RANGE=Years, AMOUNT=1); //Get HighestHigh value; H1 = HIGHESTHIGH(LastYear, RANGE=All Time); //Get BarIndex value of the high bar; H2 = VALUEWHEN(BARINDEX(),H1 == HIGH()); //Calculate number of bars since; LAST(BARINDEX()) - H2

To use in a scan to look for eg a 49-bar count change the last line to LAST(BARINDEX()) – H2 == 49.