Lowest

Lowest ( int length );

Default values:

length: 12

Description

Returns the lowest value of data for the last length bars.

Input parameters

Parameter Default value Description
data - Defines data for which the lowest value is found.
length 12 Defines period on which the lowest value is found.

Example

declare lower;

input length = 10;

def HH = Highest(high, length);
def LL = Lowest(low, length);

plot "Williams %R" = if HH == LL then -100 else (HH - close) / (HH - LL) * (-100);

The example shows the Williams %R calculation. In particular, it is required to define the minimum low for the last length bars including the current bar. Therefore, to define the minimum, the example uses the Lowest function.