MetaStock Lowest Low Value Bars Ago Function

by David Jenyns on June 11, 2007

MetaStock Lowest Low Value Bars Ago Function
The Lowest Low Value Bars Ago function is a variation on the Lowest Bars Ago function, in that it still returns the number of periods that have passed since the lowest value in the selected `data array’, however MetaStock will only check back to the number of `periods’ specified. For example, assume we have two years of history loaded in our chart. If we were to ask MetaStock for the lowest low value bars ago with reference to the close, only using 40 periods, it will only search these 40 periods for the lowest closing value. It will then count the number of periods since that occurred and return this value.

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