{quote} Don't give up I am enjoying this conversation
hope this time we made it clear to construct the swing low. Is it okay to code it please..
please look at the two example in real history of chart final time before you give up!. we are sure this time we came up with more clarity about identification of four parameter of bar A, bar B, highest high & bar C.(3rd one i.e. highest high some times different than high of B shown in example 2, sometimes high of B itself can be highest high shown in example 1)
now finally let me clarify all four factors in detail to construct Swing Low:
(i) Identify the Temporary Swing Low(bar A)=Recent lowest low/equal low bar with either side as higher low-higher high bars(denoted by B & C)
Identification of bar B:
(ii) It has to be higher low-higher high bar with reference to bar A with close ">=" to high of bar A.
Identification of bar C:
(a) project the horizontal line to the left from low of A & mark the projected bar as AA.
(b) now look for "recent higher low-higher high bar" from left of A to till "before AA" if any, such that whose high is above the "highest high of bar after A"=bar C.
(iii) if bar C found from above point, then temporary swing low from point(i) becomes as Permanent Swing Low.
[OR]
whether bar C confirms or not from above point (b) but all remaining three parameters i.e. bar A, bar B & highest high confirmed, then code will repeat point(i) further from "highest high of bar after A" onwards.
KABIR IS ALMIGHTY GOD. RIGHT WAY OF WORSHIP=ROI, WRONG WAY OF WORSHIP=LOI
