RealBodyLow

Description

This function identifies the real body low. The real body low is the open on an up day and the close on a down day.

Formula

RealBodyLow(instrument, targetBar)=begin

  cLast = GetPrice(instrument, BATE_CLOSE, targetBar, 0)

  cOpen = GetPrice(instrument, BATE_OPEN, targetBar, 0)

  retval = cOpen

  if cLast != cOpen then begin

    if BlackBody(instrument, targetBar) then retval = cLast

  end

  retval

end

Parameters

instrument

An instrument.

targetBar

The index of the bar you want to evaluate. 0 is the current bar, 1 is the first bar back, etc.

Return Value

The real body low.

Examples

...

  rbLow = RealBodyLow($1, targetBar)

...

Comments

NA