Day Close (DayTrader only)

Abbreviation: DayOpen
Category: Intraday Basic
Input Parameters:

Name Range Default
Date Variable Date
Time Series Close
Days Back Int >= 1 10

 
Calculation:

Last X from the day N days ago

Where
X = Time Series
N = Days Back

 
Discussion:

Use this indicator to get the last value of any previous day. By default, the time series parameter defaults to Close, which will return the closing price for the day. By changing the time series, the last value of any time series can be calculated. For example, you could very easily compute the yesterday’s last value of the Stochastic %K.
 

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