Conditional Indicators |
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Chart for this topic: Conditional Indicators.cht
The task oriented indicators in Set 3 such as Find, Count, Remember, and Toggle require the use of conditional indicators. The NeuroShell Trader includes many conditional indicators such as rules, Boolean, relational, crossovers, candlesticks, etc. Advanced Indicator Set 3 expands those choices with the following indicators:
FollowedBy returns a 1 for true when a Condition1 is followed by a Condition2. Other times it returns a zero. TimeIs specifies a time as a condition for another indicator. DateIs specifies a date as a condition. Peak specifies the highest value within a certain number of bars, while Valley looks for the lowest value. BarNumber returns a 1 when the specified bar number appears in a chart. The first bar in the chart is numbered 1, the second bar is numbered 2, etc.
For example, you can use the FindInclusive indicator to calculate the standard deviation between the Peak and Valley conditions in Apple.
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