{ Downloaded From https://www.WiseStockTrader.com } { Detects lowest historical Pip on chart } { Use on any periodicity } { Copyright 2005 Jose Silva } { For personal use only } { http://www.metastocktools.com } noPip:=100; p1:=If(H-O=0,noPip,H-O); p2:=If(O-L=0,noPip,O-L); p3:=Abs(If(O-C=0,noPip,O-C)); p4:=If(H-C=0,noPip,H-C); p5:=If(C-L=0,noPip,C-L); p6:=If(H-L=0,noPip,H-L); p7:=Abs(If(O-Ref(C,-1)=0,noPip,O-Ref(C,-1))); minPip:=Min(p1,Min(p2,Min(p3,Min(p4,Min(p5, Min(p6,p7)))))); { With thanks to MG Ferreira } Lin2Log:=Log(Lowest(minPip)+.000001)/Log(10); pip:=Exp((Int(Lin2Log)-1)*Log(10)); pip