Math Operators
Index of Lowest Value (Bars Since Low) (MININDEX)
Index of lowest value over a specified period
Deep Dive
Everything You Need to Know
Under the Hood
How It Works
MININDEX returns the number of bars ago (index) where the lowest value occurred within the lookback period (default 30). Instead of returning the minimum value like MIN, it returns how long ago that minimum was reached. Output of 0 means the current bar is the low; output of 20 means the low was 20 bars ago. This quantifies recency of lows.
In Practice
How Traders Use It
Traders use MININDEX to measure time since recent low, useful for detecting momentum building or exhaustion. When MININDEX increases, price is moving further from recent lows (potential strengthening). When MININDEX = 0, price just reached a new period low (potential capitulation). MININDEX is valuable for regime detection and timing entries after bounces from lows.
Highlights
MININDEX at a Glance
- Returns bars since lowest value
- 0 = current bar is period low
- Higher values = time since low
- Default 30-period lookback
- Measures recency of trough prices
- Useful for momentum and exhaustion detection
Related
More Math Operators
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FAQ
Frequently Asked Questions
What is the Index of Lowest Value (Bars Since Low) (MININDEX) indicator?
Index of lowest value over a specified period
How does MININDEX work?
MININDEX returns the number of bars ago (index) where the lowest value occurred within the lookback period (default 30). Instead of returning the minimum value like MIN, it returns how long ago that minimum was reached. Output of 0 means the current bar is the low; output of 20 means the low was 20 bars ago. This quantifies recency of lows.
How do traders use MININDEX in their strategies?
Traders use MININDEX to measure time since recent low, useful for detecting momentum building or exhaustion. When MININDEX increases, price is moving further from recent lows (potential strengthening). When MININDEX = 0, price just reached a new period low (potential capitulation). MININDEX is valuable for regime detection and timing entries after bounces from lows.
What are the key points to know about MININDEX?
Returns bars since lowest value 0 = current bar is period low Higher values = time since low Default 30-period lookback Measures recency of trough prices Useful for momentum and exhaustion detection
Can I use MININDEX with Cryptorobot.ai?
Yes. Index of Lowest Value (Bars Since Low) (MININDEX) is available as a built-in indicator in Cryptorobot.ai. You can add it to any automated strategy using the no-code strategy builder, backtest it against historical data, and deploy it live on supported exchanges.