LowerShadow

Description

This function identifies the lower shadow as a percentage of the range.

Formulas

LowerShadow(instrument,targetBar)=begin

  bLen = Body(instrument, targetBar)

  rbLen = RealBodyLen(instrument, targetBar)

  nShdw = LowerShadowLen(instrument, targetBar)

  retval = nShdw

  if bLen != abs(rbLen) AND nShdw != 0 then begin

    retval = (nShdw / bLen) * 100

  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 lower shadow as a percentage of the range.

Examples

...

  lShadow = LowerShadow($1, targetBar)

...

Comments

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