Assume a two column dataset with Date in the first column and Price in the second one. The purpose is to identify times to buy and sell – buying would be just after the lowest low is confirmed and sell before or just after the highest high is in place. Confirmation is achieved through crossover of moving averages. This data is being used in back testing buy and sell criteria.
Snapshot of base data
Snapshot of expected result
The Lowest Low is the lowest price that occurs before the next Highest High. The Highest High is the highest price that occurs before the next Lowest Low.. 2.77 is the lowest low after the highest high of 3.69 and 3.23 is highest high after the lowest low of 2.77.
You may refer to my solution in this workbook.
Identify buy and sell break points
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