Excluding an event based on past period activity

[MickeyHR]

Hopefully the topic is at least somewhat explanatory...

Is there a method by which I could filter signals from getting triggered?

Here is a sample scenario:
If price bar low has gotten below a certain level at any point within a certain look back period do not generate a signal (even if the low would get back above that critical level).

Cheers

[NinjaTrader_JC]

Hello MickeyHR,

Yes, that would be possible to do. The best way you may be able to accomplish this would be to use the MIN method. Here is a link to our Help Guide that goes over this and demonstrates how to use this as well.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?minimum_min.htm

[MickeyHR]

Hello MickeyHR,

Yes, that would be possible to do. The best way you may be able to accomplish this would be to use the MIN method. Here is a link to our Help Guide that goes over this and demonstrates how to use this as well.
http://www.ninjatrader.com/support/h...inimum_min.htm

Thank's.

I should have naturally stated that my aim is to have a changing critical value. Based on a moving average.

So unfortunately according to my understanding, if the critical value (moving average) has increased to a value which is above a MIN based minimum of say 30 bars back it would create a false indication by basing the trigger on that past MIN which actually at that time was above the critical level.

So... Are there any other methods I could use to include the look back period?

[NinjaTrader_JC]

Hello MickeyHR,

You can still do this if you would like to see the lowest price of a moving average. Since MIN takes in a Data Series, you can pass it an indicator like SMA and it will still function the same.

Example:

int lowestSMAValue = MIN(SMA(14), 4);