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low - PineScript Variable

`low`

Overview

low records the lowest traded price observed within the current bar. It updates whenever price prints a new trough.

Remarks

Use low[1], low[2], etc., to reference prior bar lows when detecting breakdowns or calculating trailing stops.
On synthetic chart types the value reflects the transformed price data rather than raw trades.
Pair with high to compute range-based indicators or volatility bands.

Example

//@version=5
indicator("Swing low marker", overlay=true)

len = input.int(5, "Swing length", minval=1)
isSwingLow = ta.lowest(len) == low and ta.lowest(len)[1] != low

plotshape(isSwingLow, style=shape.triangledown, location=location.belowbar,
    color=color.new(color.red, 0), text="Swing↓")

See Also