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TroughBars

 

 

 

 

Category

Multi-Bar Functions

Description

Count of bars since the nth most recent trough of a series of prices or other values

Syntax

TroughBars(expr, pctChg, nth {1})

Parameters

expr - data series formula

pctChg - percent change required to delimit peaks and troughs

nth - which trough to locate (1, i.e., most recent if omitted)

Notes

The definition of a Trough is the lowest value which is then followed by one or more values that are at least n% above that most recent low.

See Peak for important additional information about how these functions work in RealTest.

 

 

 

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