Create a candle zone based on its HL - ThinkOrSwim Programming | futures io social day trading
futures io futures trading

Create a candle zone based on its HL
Updated: Views / Replies:553 / 1
Created: by tprz Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Create a candle zone based on its HL

  #1 (permalink)
New York, NY
Trading Experience: Advanced
Platform: OEC, TOS
Favorite Futures: ES, 6E, CL
Posts: 3 since Jul 2012
Thanks: 0 given, 0 received

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.


Reply With Quote
  #2 (permalink)
Tbilisi + Georgia
Trading Experience: None
Platform: ThinkScript,Tradestation
Favorite Futures: EUR/USD
Posts: 33 since Aug 2014
Thanks: 8 given, 18 received

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.
Visit my futures io Trade Journal Reply With Quote


futures io > > > > > Create a candle zone based on its HL

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now

Show us your trading desks and win over $5,000 in prizes w/Jigsaw Trading


The Spirituality of Trading w/Dr Brett Steenbarger

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
Can't find D9 chop zone color candle zip or discussion mannya Traders Hideout 2 March 7th, 2015 05:55 PM
how to create strategy based on candle color? raj1301 Elite Automated NinjaTrader Trading 5 August 25th, 2014 04:27 PM
create time based alert and trade - please read proftrader ThinkOrSwim 1 June 28th, 2014 11:19 AM
coding to put range of candle beneath each candle anniebee321 NinjaTrader 13 June 18th, 2010 04:20 PM
Need help to create an up/down arrow in panel 1(price/candle area) alex123 NinjaTrader Programming 3 September 28th, 2009 06:06 PM

All times are GMT -4. The time now is 11:39 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts