Indicator Pointing at the wrong Bar

[Ludwik]

Hi,
I'm working on an indicator which should work in following way:
When Low of the current bar break below Low of the previous bar. Indicator should point at the high of the previous bar.
Unfortunatelly what happens it doesn't seem to work this way and an indicator is pointing above the high of the current bar instead of previous one.
Could you explain why is that?
Here is the code:

double high1 = High[1];
double low1 = Low[1];

if (low1 > Low[0])
Values[0][0] = high1;

I'm attaching screenshot of what I mean

[NinjaTrader_Jesse]

Hello Ludwik,

From the description that sounds like its correct.

The logic you made checks if the low is greater than the current low and if so it plots on the current bar. If you are trying to plot on the high of the previous bar you need to use Values[0][1] to plot 1 bars ago.

Keep in mind that plotting 1 BarsAgo like this will prevent any other script that uses this indicator as a signal from working, you would have to also plot on the current bar for it to be used as a signal. You could do

if (low1 > Low[0])
{
Values[0][1] = high1;
Values[0][0] = high1;
}

That would point to the previous bar high but still plot on the current bar for a signal.

[Ludwik]

Keep in mind that plotting 1 BarsAgo like this will prevent any other script that uses this indicator as a signal from working, you would have to also plot on the current bar for it to be used as a signal. You could do


That would point to the previous bar high but still plot on the current bar for a signal.

I'm not sure what you mean here?: Keep in mind that plotting 1 BarsAgo like this will prevent any other script that uses this indicator as a signal from working, you would have to also plot on the current bar for it to be used as a signal. You could do

[NinjaTrader_Jesse]

Hello Ludwik,

If you used this indicator as a signal for a strategy then you need to plot on the current bar. If the indicator is being used strictly for applying to the chart to look at then you can ignore that comment.

[Ludwik]

I actually use it purely in the strategy. So could you please explain if possible

[NinjaTrader_Jesse]

Hello Ludwik,

If you use a strategy then the signal would just be your overall condition, that comment only applies to indicators being used as a signal.