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Paint arrows for pinbars


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Paint arrows for pinbars

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dderek03
san jose, california
 
Posts: 1 since Feb 2017
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Two things I am trying to figure out. I've been going through the thinkscript tutorial and it has been definitely helpful, but I do see a pretty steep learning curve. I am trying to back-test a strategy and would like a simple indicator to help me spot these pinbars based on my parameters.

I was thinking an if statement would be useful, but not sure how to incorporate it.

My parameters:

the wick needs to be at least 2/3rds of the whole candle.

soo, IF(open-low)/(high-low)>=0.67, add downARROW, IF(high-open)/(high-low)>=0.67, add downARROW

I know that isn't the right syntax, but I am just trying to clearly explain what I am trying to do.

Thanks!

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Last Updated on February 17, 2017


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