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Bar count from diffrent timeframe is this possible?
Started:January 27th, 2015 (06:56 PM) by strategynode Views / Replies:348 / 0
Last Reply:January 27th, 2015 (06:56 PM) Attachments:0

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Bar count from diffrent timeframe is this possible?

Old January 27th, 2015, 06:56 PM   #1 (permalink)
Trading Apprentice
Provo utah/usa
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Platform: thinkorswim
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Bar count from diffrent timeframe is this possible?

Hi I have an idea but have no clue how to even code it or if it is even possible in thinkscript

The premise of this idea is based on the fact the red and green daily candle. A candle turns red when the close is below open and green when close is above open (I am pretty sure everyone knows this). I want to create a arrow in the daily chart which is based on the count of green and red bars in a 5min (or other time frame in that candle).

For example - say today $Sample has a red bar in the daily chart but say I count the number of individual candles in a 5min time frame of the same stock and realize that there are more green than red then I would like to add a up arrow on the daily chart for that red candle.

Not sure how to code this, not sure if I explained my myself correctly please feel free to ask for clarification.


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