True Low (TRUELOW)

QuantNexus indicator page for a smoothed lower price reference.

Route: /quantnexus/indicators/truelow/

What It Does

TRUELOW produces a smoothed lower price reference from the low series and configurable lookback inputs.

Formula

The exact value is derived from the low series, prior price behavior, and the selected smoothing settings.

Parameters

• period1 - default 25
• period2 - default 13
• pchange - default 1
• _movav - default EMA

C++23 API

#include <nonabt/indicators/truelow.hpp>
auto trueLow = std::make_unique<nonabt::TRUELOW>(data().close(), 25, 13, 1, "EMA");

Common Usage

• Use it as a directional lower reference or filter.
• Pair it with upper-bound or trend-following logic.
• Helpful when you need a smoothed floor rather than raw lows.