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Create a candle zone based on its HL
Started:May 14th, 2015 (11:33 PM) by tprz Views / Replies:247 / 1
Last Reply:May 15th, 2015 (06:19 AM) Attachments:0

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Create a candle zone based on its HL

Old May 14th, 2015, 11:33 PM   #1 (permalink)
Elite Member
New York, NY
Futures Experience: Advanced
Platform: OEC, TOS
Favorite Futures: ES, 6E, CL
Posts: 3 since Jul 2012
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Create a candle zone based on its HL

I've been trying to create an indicator that would draw a candle zone based on its high and low (e.g. AddCloud, but not necessarily).
There would be a criteria to draw it only if such candle had the lowest volume in last X bars.
Ideally if such zone would end at the end of the session (or after specified by me time in options).

I will greatly appreciate if someone is willing to show me how to code it.
I coded some simple indicators, but I haven't figure this one out yet.


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Old May 15th, 2015, 06:19 AM   #2 (permalink)
Elite Member
Tbilisi + Georgia
Futures Experience: None
Platform: ThinkScript,Tradestation
Favorite Futures: EUR/USD
Posts: 18 since Aug 2014
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wow,strange... here solution, i've decided to do what you're asking..

input Showplott =yes;
def OpenHappened = secondsTillTime(0900) <= 0;
def CloseHappened = secondsTillTime(1600) <= 0;
def marketOpen = OpenHappened and !CloseHappened;

def HighStart= if marketOpen and !marketOpen[1] and (!IsNan(High)) then high else HighStart[1] ;
def LowStart = if marketOpen and !marketOpen[1] and (!IsNan(Low)) then low else LowStart[1];

def MarketClosedReturned1= if (Showplott AND MarketOpen, HighStart, double.nan);
def MarketClosedReturned2= if (Showplott AND MarketOpen, Lowstart , double.nan);
AddCloud(MarketClosedReturned1, MarketClosedReturned2 , Color.white, Color.plum);

Last edited by selnomeria; May 15th, 2015 at 09:32 AM.
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