Lowest (LOWEST)
DescriptionThe Lowest indicator yields the period low.
CalculationThe minimum low of the current period is determined.
ParametersThe adjustable period length can be chosen from 1 to 500. The most common settings will have a period length ranging from 8 to 30.
InterpretationThe familiar four-week rule refers back 20 days. Thus if the 20-day low is identical to today's low, this is a sell signal.
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