LOWESTLOW() - Zero Values

Optuma Scripting
1

Hi,

I'm trying to create something akin to the NR4\NR7 indicator. See here -> http://thepatternsite.com/nr7.html

Here is my current script:

RANGE = HIGH()-LOW();
RANGELOW= LOWESTLOW(RANGE, BARS=6, INSIDEBAR=True, EQUAL=False, INCBAR=True, SIGNALONLY=False);

Plot1 = RANGE;
Plot2 = RANGELOW;

Plot1.Plotstyle = Histogram;

RANGE < RANGELOW;

When I use the indicator in a SSHOWBAR(), I get this:

2018-01-13_15-24-08

The bar indicated by the red arrow is being shown as the narrowest of the past 7 days when clearly 2 bars before the range was zero.

The LOWESTLOW function does not seem to count zero values by default. Is there a way to make it do so?

2

Hi Liam,

There does appear to be an issue with LowestLow when the range is 0. I added a couple of plots to see, the blue line should have gone to 0 after the 0 range bar. Because 0 can mean that we have no data, it is sometimes ignored. In a datalist that makes sense, but does not help in this case. We’ll need to get that looked at.

In the mean time, the simple way to get around this is to add 10 to the range.

RANGE = HIGH()-LOW() + 10;

It’s not “correct” but gets you the results you are after.

Hope that helps

Mathew.

ll

All the best

Mathew.

3

Fantastic Matthew. That works great. Thanks for your help.