NexusFi: Find Your Edge


Home Menu

 





Plot an ATR line above & below the recent candle


Discussion in ThinkOrSwim

Updated
    1. trending_up 1,929 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

Plot an ATR line above & below the recent candle

  #1 (permalink)
Rustic
Bucharest
 
Posts: 26 since Mar 2020
Thanks Given: 9
Thanks Received: 15

Hello,
I have this TOS study that plots lines on the chart showing the ATR distance above & below the close.
Is there a way to have it plot these line only for the last candle?
Alternatively, can I have the values shown on the price axes as normal bubbles without plotting the indicator on the chart?

Thank you

ThinkScript code:

def len = 2;

input length = 14;
input ShowATR = No;
def ATR = Average(TrueRange(high(period = “DAY”), close(period = “DAY”), low(period = “DAY”)), length )[1];

def dayHigh = DailyHighLow(AggregationPeriod.DAY, len, 0, no).dailyhigh;
def dayLow = DailyHighLow(AggregationPeriod.DAY, len, 0, no).DailyLow;
def price = close;

def ADR_high = price + ATR;
def ADR_low = price - ATR;

plot ADR_H = ADR_high;
plot ADR_L = ADR_low;

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
Better Renko Gaps
The Elite Circle
How to apply profiles
Traders Hideout
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
ZombieSqueeze
Platforms and Indicators
 
  #2 (permalink)
 JayC 
San Diego, CA
 
Experience: Beginner
Platform: TOS, Sierra
Trading: Emini ES, Crude CL
Posts: 55 since Mar 2019
Thanks Given: 9
Thanks Received: 43

Try something like this...

 
Code
def LastBar = !IsNaN(open) and IsNaN(open[-1]);

plot ADR_H = if LastBar then ADR_high else Double.NaN;
plot ADR_L = if LastBar then ADR_low else Double.NaN;

Reply With Quote
Thanked by:
  #3 (permalink)
Rustic
Bucharest
 
Posts: 26 since Mar 2020
Thanks Given: 9
Thanks Received: 15


Yes that does the job, great

Reply With Quote




Last Updated on February 28, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts