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The "SetNaN" function updates the first N-values of a time-series and replaces them with "NaN" (Not a number).
A "NaN" value is not drawn on a chart and it always return false when used in a trading rule.
For example, let us create a "NaN" array:
a = ref(close, 10000000000);
In a trading chart, when you apply the "Plot" function to this array, nothing is displayed.
If you backtest the following rule:
buy = a > 0 or a <= 0;
It will always return "0" (no signals).
Examples of use for the "SetNaN" function:
- Ignore the first N-Bars
While developing a trading system, if you want to avoid entering new positions for the first 100-bars of a stock or security, type:
buy = SetNaN(buy, 100);
- Support/Resistance Range
Using the "AutoSR" function, you can plot support and resistance lines on a chart.
To plot a short-term support:
a = AutoSR(0, 0, 50);
plot(a, "");
This line is drawn for all bars (even the ones that occurred before the last 50 bars).
To fix this and draw the support line for the last 50 bars only, type:
a = AutoSR(0, 0, 50);
a = SetNaN(a, TotalBars() - 50);
plot(a, "");
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.