SRLine Failed Level

[AgriTrdr]

Hi,

I've an indicator where SRLine is the plot. Let's say the SRLine[0] level fails, I would like the SRLine[1] to be the current SRLine[0] and if SRLine[1] fails I would like to use SRLine[2] to be the current SRLine until a new level forms. Is there a way to do that and is there an example out there?

Thanks

[NinjaTrader_ChelseaB]

Hello AgriTrdr,

Can you specify how the 'SRLine[0] level fails'?

For example do you mean the Close[0] is less than the SRLine[0]?

if (CurrentBar < 3)
return;

if (Close[0] < SRLine[1])
{
Print(string.Format("{0} | SRLine[2]: {1}", Time[0], SRLine[2])); // print the SRLine of 2 bars ago
}

else if (Close[0] < SRLine[0])
{
Print(string.Format("{0} | SRLine[1]: {1}", Time[0], SRLine[1])); // print the SRLine of 1 bar ago
}

[AgriTrdr]

Yes it would be the Close[0] is less than the SRLine[0].

I see that you've:

if (Close[0] < SRLine[1])
{
Print(string.Format("{0} | SRLine[1]: {1}", Time[0], SRLine[2])); // print the SRLine of 2 bars ago
}​

else if (Close[0] < SRLine[0])
{
Print(string.Format("{0} | SRLine[1]: {1}", Time[0], SRLine[1])); // print the SRLine of 1 bar ago
}

Would it make sense to print [1] first and then else if [2]? Also, would the plot work as in the example below?

if (Close[0] < SRLine[0])
{
SRLine[0] = SRLine[1];
Print(string.Format("{0} | SRLine[1]: {1}", Time[0], SRLine[1])); // print the SRLine of 1 bar ago

}​

else if (Close[0] < SRLine[1])
{
SRLine[0] = SRLine[2];
Print(string.Format("{0} | SRLine[1]: {1}", Time[0], SRLine[2])); // print the SRLine of 2 bars ago
}

​​​​​​​

Thanks

[NinjaTrader_ChelseaB]

Hello AgriTrdr,

The logic first checks Close[0] < SRLine[1] as if this is true, then both conditions are true and if the order was reversed the second condition would never be reached as the first condition was already reached.

I highly recommend you give both a try to fully understand.