SmartQuant Discussion

Hello,

I am certain this is a simple question, but I am struggling with the answer.

I have figured out the highest value of my instrument during the trading day (defined as a 24 hour period) using:
double daysHigh = Bars.HighestHigh(startOfTrdDay,endOfTrdDay);

Now I want to figure out if the current bid price of security (given by Quote.Bid) crosses above some arbitrary threshold such as (daysHigh - x%).

What is the best way to test the criteria? Thank you.

Hi,

In OnQuote handler you can write something like


"level" here is this threshold (that can be calculated in OnBar handler for example)

Regards,
Sergey.

Very simple....thank you.

Baraz,

In addition to the code you provided below, is there a way to do this using indicators?

I want to check if the current bid crosses below the lowest price of the day, which I define as the lowest price trading within a certain band of time:

Double daysLow= Bars.LowestLow(startOfTrdDay,endOfTrdDay);

I also have a barSeries that compiles 1-minute bars:
BarSeries barSeries_1Min = GetBars(BarType.Time,60);

What I would like to do is determine if, at any time during my defined trading day, the current bid price (given by Quote.Bid) crosses below (daysLow)....it must descend from above and cross below the daysLow threshold. I do not want the trigger breached if the threshold is crossed from above.

The code you provided would effectively do this, but I am trying to better understand SQ's indicators and methods. Can what I am trying to do be done using the Cross indicator? Or the CrossAbove/CrossBelow methods of other indicators?

Thank you.