Identifying Chart Highs & Lows

[futures_shark]

Quote from thrunner:

You are trying to find peaks and troughs in real time, which can't be done with pure price action.

yes, that looks pretty good. Is that code doing anything other than looking at the lowest low/highest high within a band of bars.

For example lows identified with lowest low for 5 preceding bars and 5 following bars.

 

[nkhoi]

Quote from futures_shark:

Is the any generally accepted methods out there for idenitifying highs & lows in live price data?

There is a swing indicator in Ninjatrader but it really only identifies the swings after the fact , about 5 bars later or whatever setting you are using for the strength of your high.

I've begun work on my own stuff but I'm keep running into dead ends.

http://www.ninjatrader-support.com/vb/showthread.php?t=5689