Plotting the closing value one year ago? Two years ago? Three?

Plotting the closing value one year ago? Two years ago? Three?

Josh McCormick
2020-11-24 17:21:11

I'm banging my head against the wall on this one. I'm wanting to average the current symbol's closing price over the past six years. But to start, I'm just trying to plot the current closing price, the previous year's closing price, and so on. But I can't seem to come up with the function which says, "take the current date, subtract a year, and plot the close on that date". How should I be coding this?

// Plots the stock price of the current year and the past five years.

Y0_close=close;
Y1_close=ValueOn (close,Day(),Month(),Year()-1);
Y2_close=ValueOn (close,Day(),Month(),Year()-2);
Y3_close=ValueOn (close,Day(),Month(),Year()-3);
Y4_close=ValueOn (close,Day(),Month(),Year()-4);
Y5_close=valuewhen(stringequal(date(), month()."/".day()."/".year()-5), close);

Plot (Y0_close,"Year 0",colorBlack,ChartSmoothLine,StyleWidth2);
Plot (Y1_close,"Year -1",colorRed,ChartSmoothLine,StyleWidth2);
Plot (Y2_close,"Year -2",colorOrange,ChartSmoothLine,StyleWidth2);
Plot (Y3_close,"Year -3",colorGreen,ChartSmoothLine,StyleWidth2);
Plot (Y4_close,"Year -4",colorBlue,ChartSmoothLine,StyleWidth2);
Plot (Y5_close,"Year -5",colorViolet,ChartSmoothLine,StyleWidth2);

QuantShare
2020-12-03 12:58:59

Best Answer

Here is how:
b1 = barssince(year() != ref(year(), 1));
y1 = close[b1 + 1];
plot(y1, "");

If you want to plot the previous year value for every bar. Say on May 1, 2020, you want to plot the value of May 1, 2019 then you will need to create a custom function that would search for the previous year index within the date array and then use "ref" to reference the previous close.

Josh McCormick
2020-12-03 15:20:02

That's smart. I get what you're doing there.

Thanks,
Josh McCormick

Get more messages

No more messages

Back


Trading Items PREV - Previous value of the same formula Foreign Exchange Value of the Dollar - Nominal Indexes Measure the value of the stock market using the Q-Ratio valuation... Output metric for each trading year Year to Date Change Indicator	How-to Lessons How to quickly select stocks based on the last value of a databas... How to plot the ratio of two stocks How to plot two different time frames in the same chart How to display two stocks on the same chart How to change volume bar colors when the price closes down
Related Forum Threads One result by the screener Replacing value for the last 100 bars (end of day data) Plotting the data from custom -Intraday data base How to get the median closing price? STOP/Profit targets based on the indicator value at the time of e...	Blog Posts How to Select the Best Market Indicator for your Trading System Detect chart patterns using the auto support/resistance indicator How to create the advance/decline market breadth indicator 6 techniques to improve the performance of your stock trading str... Buy the best/top rated stocks or how to create powerful rank base...