Answers to Common Questions
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Question |
How do I reference the historical 52 week high (or low) for a daily chart or backtest? |
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Answer |
Just use the Statistics (STAT) indicator with "Maximum
High For Preceding 250 Bars". By using 250 bars, we are assuming
250 trading days in a year. There are 52 x 5 = 260 weekdays in the
year, and approximately 10 trading holidays each year.
The daily chart of INTC below shows the Statistics indicator with the preferences seen above, giving us the 52 week high. The red line shows another instance of the Statistics indicator, this time setup as "Minimum Low For Preceding 250 Bars" to give us the 52 week low.
For more information on the Statistics indicator, visit: www.linnsoft.com/tour/techind/stat.htm
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