52-week Highs/Lows For ThinkOrSwim

markos said:
Try this chart out...
Code: 
# This indicator uses the Index New highs and Index New lows to help gauge overall Market sentiment. It's a leading indicator.
# Index New High - New Low Indicator
# Mobius 2015

declare lower;
input Symb = {default "NYSE", "NASDQ", "AMEX", "ARCA", "ETF"};
input length = 10;
input OverSold = 20;
input OverBought = 80;
Input AvgType = AverageType.Hull;

def agg = AggregationPeriod.Day;
def NYSEH  = close(Symbol = "$NYHGH", period = agg);
def NYSEL  = close(Symbol = "$NYLOW", period = agg);
def NASDQH = close(Symbol = "$NAHGH", period = agg);
def NASDQL = close(Symbol = "$NALOW", period = agg);
def AMEXH  = close(Symbol = "$AMHGH", period = agg);
def AMEXL  = close(Symbol = "$AMLOW", period = agg);
def ARCAH  = close(Symbol = "$ARHGH", period = agg);
def ARCAL  = close(Symbol = "$ARLOW", period = agg);
def ETFH   = close(Symbol = "$ETFHGH", period = agg);
def ETFL   = close(Symbol = "$ETFLOW", period = agg);
def P;
Switch (Symb){
case "NYSE":
P = NYSEH / (NYSEH + NYSEL) * 100;
case "NASDQ":
P = NASDQH / (NASDQH + NASDQL) * 100;
case "AMEX":
P = AMEXH / (AMEXH + AMEXL) * 100;
case "ARCA":
P = ARCAH / (ARCAH + ARCAL) * 100;
case "ETF":
P = ETFH / (ETFH + ETFL) * 100;
}
def price = if isNaN(P) then price[1] else P;
plot data = if isNaN(close) then double.nan else price;
data.EnableApproximation();
data.SetDefaultColor(Color.Cyan);
plot avg = MovingAverage(AvgType, data, length);
avg.EnableApproximation();
avg.AssignValueColor(if between(avg, OverSold, OverBought)
                     then Color.yellow
                     else if avg >= OverBought
                          then Color.Green
                          else Color.Red);
avg.SetLineWeight(2);
plot OB = if isNaN(close) then double.nan else OverBought;
OB.SetDefaultColor(Color.Red);
plot OS = if isNaN(close) then double.nan else OverSold;
OS.SetDefaultColor(Color.Green);
plot neutral = if isNaN(close) then double.nan else 50;
neutral.SetdefaultColor(Color.Dark_Gray);
addCloud(0, OS, CreateColor(250,0,0), CreateColor(250,0,0));
addCloud(OS, neutral, createColor(50,0,0), createColor(50,0,0));
addCloud(neutral, OB, createColor(0,50,0), createColor(0,50,0));
addCloud(OB, 100, CreateColor(0,250,0), createColor(0,250,0));
# End High - Low Index
2t1VzHB.png


Those are built in columns already in both the scanner and the watchlist.
Click to expand...
how do i use this indicator and put in my tos? i am a new tos user
i can use this code for tradingview too
 
Last edited by a moderator:

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Hi there. I'm trying to scan for stocks that are 70% or more above their 52 week low....It's easy to scan for stocks within x% of their highs or lows but stocks above lows seem to be a little bit trickier for me to accomplish. Is there a custom filter I should be using? Thanks for the help....
 
I would try something like

close(“period” = AggregationPeriod.DAY) / Lowest(“data” = CLOSE, “length” = 250) is greater than 1.7
 
Hey Everyone,

Looking to add a watchlist column that shows the %change from 52 week high and 52 week low. They can be separate columns would be great if you could color code it if it is within 5% of the high or low then it is red text. Outside of that it is green text. Any ideas on the script to do this? Could be a really great indicator for all.

Thanks!

Ryan
 
FederalReserve said:
Looking to add a watchlist column that shows the %change from 52 week high and 52 week low.
Click to expand...


column study
z52weekhilo
http://tos.mx/mXTP2OD

calc the $ range between highest and lowest
figure this range as , 0% (low) to 100% (high)
display a % number, to indicate where close is, within the hi-lo range

added a leading 0 , so numbers < 10 sort correctly

there are 2 output code sections
# 1st output is colored font
# add a # in front of code lines in section #2 to disable them

# 2nd output is colored background
# add a # in front of code lines in section #1 to disable them


Ruby: 
# z52weekhilo

#  set column time = week

# calc the $ range between highest and lowest
# figure this range as , 0% (low) to 100% (high)
# display a % number, to indicate where close is, within the hi-lo range
#   0% = lowest , 100% = highest

def rounding = 0;
def len = 52;
def whi = highest(high, 52);
def wlo = lowest(low, 52);
def rng = whi - wlo;

def per = round(100 * (close - wlo) / rng, rounding);

def lowerlimit = 5;
def upperlimit = 100 - lowerlimit;

#----------------------------------------
# 1st output scheme
# red or green font and black background

#addlabel(1, (if per < 10 then "0" else "") + per + " %", (if (per <= lowerlimit or per >= upperlimit) then color.red else color.green));

#----------------------------------------

# 2nd output scheme
# black font and colored background

addlabel(1, (if per < 10 then "0" else "") + per + " %", color.black);
assignBackgroundColor( if (per <= lowerlimit or per >= upperlimit) then color.red else color.green);

#----------------------------------------

# test label
#addlabel(1, whi + "|" + wlo + "|" + per, color.white);
#


font colored, red or green
added a leading 0 , so numbers < 10 sort correctly
TmrmoUt.jpg



background colored
0kTr3uB.jpg
 
Last edited:
halcyonguy said:
column study
z52weekhilo
http://tos.mx/mXTP2OD

calc the $ range between highest and lowest
figure this range as , 0% (low) to 100% (high)
display a % number, to indicate where close is, within the hi-lo range

added a leading 0 , so numbers < 10 sort correctly

there are 2 output code sections
# 1st output is colored font
# add a # in front of code lines in section #2 to disable them

# 2nd output is colored background
# add a # in front of code lines in section #1 to disable them


Ruby: 
# z52weekhilo

#  set column time = week

# calc the $ range between highest and lowest
# figure this range as , 0% (low) to 100% (high)
# display a % number, to indicate where close is, within the hi-lo range
#   0% = lowest , 100% = highest

def rounding = 0;
def len = 52;
def whi = highest(high, 52);
def wlo = lowest(low, 52);
def rng = whi - wlo;

def per = round(100 * (close - wlo) / rng, rounding);

def lowerlimit = 5;
def upperlimit = 100 - lowerlimit;

#----------------------------------------
# 1st output scheme
# red or green font and black background

#addlabel(1, (if per < 10 then "0" else "") + per + " %", (if (per <= lowerlimit or per >= upperlimit) then color.red else color.green));

#----------------------------------------

# 2nd output scheme
# black font and colored background

addlabel(1, (if per < 10 then "0" else "") + per + " %", color.black);
assignBackgroundColor( if (per <= lowerlimit or per >= upperlimit) then color.red else color.green);

#----------------------------------------

# test label
#addlabel(1, whi + "|" + wlo + "|" + per, color.white);
#


font colored, red or green
added a leading 0 , so numbers < 10 sort correctly
TmrmoUt.jpg



background colored
0kTr3uB.jpg
Click to expand...
Thank you! This is almost it. I'm trying to make it show me the % difference from the 52 week high or low. So if it is over 5% or 10% difference from the high or low it would be green. If it was in that range it would be red.

This is really good for making sure you aren't trading stocks that could pop or drop below these ranges if you don't want to get caught. What modifications could be done to the code to make this work. I did this in a google sheets form
 
FederalReserve said:
Thank you! This is almost it. I'm trying to make it show me the % difference from the 52 week high or low. So if it is over 5% or 10% difference from the high or low it would be green. If it was in that range it would be red.

This is really good for making sure you aren't trading stocks that could pop or drop below these ranges if you don't want to get caught. What modifications could be done to the code to make this work. I did this in a google sheets form
Click to expand...


if the stock is high priced and the highest and lowest are close together,
it is possible for the close to be within 5% of the lowest and within 5% of the highest, at the same time.

i made the 1st version based on a % of the range between the highest to lowest, to avoid that.


here is a version, based on a % of the lowest price and highest price, over 52 weeks.
if close is within the % of the highest and lowest, the font will be yellow.


column study

Ruby: 
# z52weekhilo2

#  set column time = week

def rounding = 1;
def len = 52;
def whi = highest(high, 52);
def wlo = lowest(low, 52);

#----------------------------------------

input max_percent_diff = 5;

def per_fromhi = round(100 * (whi - close) / whi, rounding);
def per_fromlo = round(100 * (close - wlo) / wlo, rounding);

def nearhi = ( per_fromhi <= max_percent_diff);
def nearlo = ( per_fromlo <= max_percent_diff);


#----------------------------------------
# 1st output scheme
# red or green font and black background

addlabel(1,
( if nearhi and nearlo then "both " + max_percent_diff + "%"
else if nearhi then "HI " + (if per_fromhi < 10 then "0" else "") + per_fromhi + "%"
else if nearlo then "LO " + (if per_fromlo < 10 then "0" else "") + per_fromlo + "%"
else "--")
, ( if nearhi and nearlo then color.yellow
else if nearhi or nearlo then color.red
else color.green)
);

#----------------------------------------
# 2nd output scheme
# black font and colored background

addlabel(0,
( if nearhi and nearlo then "both " + max_percent_diff + "%"
else if nearhi then "HI " + (if per_fromhi < 10 then "0" else "") + per_fromhi + "%"
else if nearlo then "LO " + (if per_fromlo < 10 then "0" else "") + per_fromlo + "%"
else "--")
, color.black );

#assignBackgroundColor( if nearhi and nearlo then color.yellow else if nearhi or nearlo then color.red else color.green );

#----------------------------------------
#

i added the words , Hi or LO , to identify which level close is near
jDQxIRr.jpg
 
Last edited:
halcyonguy said:
if the stock is high priced and the highest and lowest are close together,
it is possible for the close to be within 5% of the lowest and within 5% of the highest, at the same time.

i made the 1st version based on a % of the range between the highest to lowest, to avoid that.


here is a version, based on a % of the lowest price and highest price, over 52 weeks.
if close is within the % of the highest and lowest, the font will be yellow.


column study

Ruby: 
# z52weekhilo2

#  set column time = week

def rounding = 1;
def len = 52;
def whi = highest(high, 52);
def wlo = lowest(low, 52);

#----------------------------------------

input max_percent_diff = 5;

def per_fromhi = round(100 * (whi - close) / whi, rounding);
def per_fromlo = round(100 * (close - wlo) / wlo, rounding);

def nearhi = ( per_fromhi <= max_percent_diff);
def nearlo = ( per_fromlo <= max_percent_diff);


#----------------------------------------
# 1st output scheme
# red or green font and black background

addlabel(1,
( if nearhi and nearlo then "both " + max_percent_diff + "%"
else if nearhi then "HI " + (if per_fromhi < 10 then "0" else "") + per_fromhi + "%"
else if nearlo then "LO " + (if per_fromlo < 10 then "0" else "") + per_fromlo + "%"
else "--")
, ( if nearhi and nearlo then color.yellow
else if nearhi or nearlo then color.red
else color.green)
);

#----------------------------------------
# 2nd output scheme
# black font and colored background

addlabel(0,
( if nearhi and nearlo then "both " + max_percent_diff + "%"
else if nearhi then "HI " + (if per_fromhi < 10 then "0" else "") + per_fromhi + "%"
else if nearlo then "LO " + (if per_fromlo < 10 then "0" else "") + per_fromlo + "%"
else "--")
, color.black );

#assignBackgroundColor( if nearhi and nearlo then color.yellow else if nearhi or nearlo then color.red else color.green );

#----------------------------------------
#

i added the words , Hi or LO , to identify which level close is near
jDQxIRr.jpg
Click to expand...

Ahh I see! Well done dude! Thank you very much. Would be nice if they were combined in a way you know like if the % was shown if it wasn't in the Hi, Lo 5% but showed the Red if it was. Is there a way to combine them. Really appreciate it. Helps out a lot for screening! Since you are so good at it do you know of a way to make the P/L colors Red or Green in the monitor/positions section? I haven't been able to get a straight answer on this.
 
FederalReserve said:
Ahh I see! Well done dude! Thank you very much. Would be nice if they were combined in a way you know like if the % was shown if it wasn't in the Hi, Lo 5% but showed the Red if it was. Is there a way to combine them. Really appreciate it. Helps out a lot for screening! Since you are so good at it do you know of a way to make the P/L colors Red or Green in the monitor/positions section? I haven't been able to get a straight answer on this.
Click to expand...
oops, i guess i overlooked that, not showing all the %...
looking at it


i added the missing green % numbers
moved HI and LO to be after the % numbers, so the numbers sort.
i actually added an input that controls if HI and LO are displayed. default is no.
since it is a column study, you have to edit the code, to change inputs.
change this code line to = yes, to display the words after the numbers.
input show_hi_lo = no;

Code: 
# z52weekhilo3

#  set column time = week

# watchlist column that shows the %change from 52 week high and 52 week low. 

# calc the $ range between highest and lowest
# figure this range as , 0% (low) to 100% (high)
# display a % number, to indicate where close is, within the hi-lo range
#   0% = lowest , 100% = highest

def rounding = 1;
def len = 52;
def whi = highest(high, 52);
def wlo = lowest(low, 52);

#----------------------------------------

input max_percent_diff = 5;

def per_fromhi = round(100 * (whi - close) / whi, rounding);
def per_fromlo = round(100 * (close - wlo) / wlo, rounding);

# find lowest % 
def min_per = min(per_fromhi, per_fromlo);

def nearhi = ( per_fromhi <= max_percent_diff);
def nearlo = ( per_fromlo <= max_percent_diff);


#----------------------------------------
# 1st output scheme
# red or green font and black background

input show_hi_lo = no;


addlabel(1, 
( if nearhi and nearlo then "both " + max_percent_diff + "%"
else if nearhi then (if per_fromhi < 10 then "0" else "") + per_fromhi + "%" + (if show_hi_lo then " HI" else "")
else if nearlo then (if per_fromlo < 10 then "0" else "") + per_fromlo + "%" + (if show_hi_lo then " LO" else "")
else (if min_per < 10 then "0" else "") + min_per + "%")

, ( if nearhi and nearlo then color.yellow
else if nearhi or nearlo then color.red
else color.green)
);

#----------------------------------------
# 2nd output scheme
# black font and colored background

addlabel(0,  
( if nearhi and nearlo then "both " + max_percent_diff + "%"
else if nearhi then (if per_fromhi < 10 then "0" else "") + per_fromhi + "%" + (if show_hi_lo then " HI" else "")
else if nearlo then (if per_fromlo < 10 then "0" else "") + per_fromlo + "%" + (if show_hi_lo then " LO" else "")
else (if min_per < 10 then "0" else "") + min_per + "%")
, color.black );

#assignBackgroundColor( if nearhi and nearlo then color.yellow else if nearhi or nearlo then color.red else color.green );
#

with HI LO
4gJyVzQ.jpg


without HI LO
ubRr0Tp.jpg
 
Last edited:
halcyonguy said:
oops, i guess i overlooked that, not showing all the %...
looking at it


i added the missing green % numbers
moved HI and LO to be after the % numbers, so the numbers sort.
i actually added an input that controls if HI and LO are displayed. default is no.
since it is a column study, you have to edit the code, to change inputs.
change this code line to = yes, to display the words after the numbers.
input show_hi_lo = no;

Code: 
# z52weekhilo3

#  set column time = week

# watchlist column that shows the %change from 52 week high and 52 week low.

# calc the $ range between highest and lowest
# figure this range as , 0% (low) to 100% (high)
# display a % number, to indicate where close is, within the hi-lo range
#   0% = lowest , 100% = highest

def rounding = 1;
def len = 52;
def whi = highest(high, 52);
def wlo = lowest(low, 52);

#----------------------------------------

input max_percent_diff = 5;

def per_fromhi = round(100 * (whi - close) / whi, rounding);
def per_fromlo = round(100 * (close - wlo) / wlo, rounding);

# find lowest %
def min_per = min(per_fromhi, per_fromlo);

def nearhi = ( per_fromhi <= max_percent_diff);
def nearlo = ( per_fromlo <= max_percent_diff);


#----------------------------------------
# 1st output scheme
# red or green font and black background

input show_hi_lo = no;


addlabel(1,
( if nearhi and nearlo then "both " + max_percent_diff + "%"
else if nearhi then (if per_fromhi < 10 then "0" else "") + per_fromhi + "%" + (if show_hi_lo then " HI" else "")
else if nearlo then (if per_fromlo < 10 then "0" else "") + per_fromlo + "%" + (if show_hi_lo then " LO" else "")
else (if min_per < 10 then "0" else "") + min_per + "%")

, ( if nearhi and nearlo then color.yellow
else if nearhi or nearlo then color.red
else color.green)
);

#----------------------------------------
# 2nd output scheme
# black font and colored background

addlabel(0, 
( if nearhi and nearlo then "both " + max_percent_diff + "%"
else if nearhi then (if per_fromhi < 10 then "0" else "") + per_fromhi + "%" + (if show_hi_lo then " HI" else "")
else if nearlo then (if per_fromlo < 10 then "0" else "") + per_fromlo + "%" + (if show_hi_lo then " LO" else "")
else (if min_per < 10 then "0" else "") + min_per + "%")
, color.black );

#assignBackgroundColor( if nearhi and nearlo then color.yellow else if nearhi or nearlo then color.red else color.green );
#

with HI LO
4gJyVzQ.jpg


without HI LO
ubRr0Tp.jpg
Click to expand...
Great Job! Thank you so much!
 
I can't figure out how to create a pristine scanner for this info: Looking at creating a scanner that searches for tickers within 10% of their 52 week high within the past 14 days. Unsure how to specify the second time frame. Any ideas?
Thanks!
 
wharrisonm said:
I can't figure out how to create a pristine scanner for this info: Looking at creating a scanner that searches for tickers within 10% of their 52 week high within the past 14 days. Unsure how to specify the second time frame. Any ideas?
Thanks!
Click to expand...

could use the approx trading days in a year, 252.
set scan time to day.

Code: 
def yr_hi = highest(high, 252);
def limit_per = 10;
def limit_level =  ( yr_hi * ( 1 - ( limit_per/100))) ;
def isabovelvl = if (close > limit_level) then 1 else 0;
def days_back = 14;
plot z = if sum(isabovelvl, days_back) >= 1 then 1 else 0;
 
I am looking for a thinkscript that will plot an indicator when a stock price hits all time high in past 12 months period.
Can someone point me to it or tell me if such script exists?
 
jerrypallo said:
I am looking for a thinkscript that will plot an indicator when a stock price hits all time high in past 12 months period.
Can someone point me to it or tell me if such script exists?
Click to expand...
Here you will find 9 pages of high / lows. Plug & Play until you find the one that works for you.
 
markos said:
Try this chart out...
Code: 
# This indicator uses the Index New highs and Index New lows to help gauge overall Market sentiment. It's a leading indicator.
# Index New High - New Low Indicator
# Mobius 2015

declare lower;
input Symb = {default "NYSE", "NASDQ", "AMEX", "ARCA", "ETF"};
input length = 10;
input OverSold = 20;
input OverBought = 80;
Input AvgType = AverageType.Hull;

def agg = AggregationPeriod.Day;
def NYSEH  = close(Symbol = "$NYHGH", period = agg);
def NYSEL  = close(Symbol = "$NYLOW", period = agg);
def NASDQH = close(Symbol = "$NAHGH", period = agg);
def NASDQL = close(Symbol = "$NALOW", period = agg);
def AMEXH  = close(Symbol = "$AMHGH", period = agg);
def AMEXL  = close(Symbol = "$AMLOW", period = agg);
def ARCAH  = close(Symbol = "$ARHGH", period = agg);
def ARCAL  = close(Symbol = "$ARLOW", period = agg);
def ETFH   = close(Symbol = "$ETFHGH", period = agg);
def ETFL   = close(Symbol = "$ETFLOW", period = agg);
def P;
Switch (Symb){ 
case "NYSE":
P = NYSEH / (NYSEH + NYSEL) * 100;
case "NASDQ":
P = NASDQH / (NASDQH + NASDQL) * 100;
case "AMEX":
P = AMEXH / (AMEXH + AMEXL) * 100;
case "ARCA":
P = ARCAH / (ARCAH + ARCAL) * 100;
case "ETF":
P = ETFH / (ETFH + ETFL) * 100;
}
def price = if isNaN(P) then price[1] else P;
plot data = if isNaN(close) then double.nan else price;
data.EnableApproximation();
data.SetDefaultColor(Color.Cyan);
plot avg = MovingAverage(AvgType, data, length);
avg.EnableApproximation();
avg.AssignValueColor(if between(avg, OverSold, OverBought)
                     then Color.yellow
                     else if avg >= OverBought
                          then Color.Green
                          else Color.Red);
avg.SetLineWeight(2);
plot OB = if isNaN(close) then double.nan else OverBought;
OB.SetDefaultColor(Color.Red);
plot OS = if isNaN(close) then double.nan else OverSold;
OS.SetDefaultColor(Color.Green);
plot neutral = if isNaN(close) then double.nan else 50;
neutral.SetdefaultColor(Color.Dark_Gray);
addCloud(0, OS, CreateColor(250,0,0), CreateColor(250,0,0));
addCloud(OS, neutral, createColor(50,0,0), createColor(50,0,0));
addCloud(neutral, OB, createColor(0,50,0), createColor(0,50,0));
addCloud(OB, 100, CreateColor(0,250,0), createColor(0,250,0));
# End High - Low Index
2t1VzHB.png


Those are built in columns already in both the scanner and the watchlist.
Click to expand...
What are main differences between this market indicator and McClellan Oscillator?
 
markos said:
Try this chart out...
Code: 
# This indicator uses the Index New highs and Index New lows to help gauge overall Market sentiment. It's a leading indicator.
# Index New High - New Low Indicator
# Mobius 2015

declare lower;
input Symb = {default "NYSE", "NASDQ", "AMEX", "ARCA", "ETF"};
input length = 10;
input OverSold = 20;
input OverBought = 80;
Input AvgType = AverageType.Hull;

def agg = AggregationPeriod.Day;
def NYSEH  = close(Symbol = "$NYHGH", period = agg);
def NYSEL  = close(Symbol = "$NYLOW", period = agg);
def NASDQH = close(Symbol = "$NAHGH", period = agg);
def NASDQL = close(Symbol = "$NALOW", period = agg);
def AMEXH  = close(Symbol = "$AMHGH", period = agg);
def AMEXL  = close(Symbol = "$AMLOW", period = agg);
def ARCAH  = close(Symbol = "$ARHGH", period = agg);
def ARCAL  = close(Symbol = "$ARLOW", period = agg);
def ETFH   = close(Symbol = "$ETFHGH", period = agg);
def ETFL   = close(Symbol = "$ETFLOW", period = agg);
def P;
Switch (Symb){ 
case "NYSE":
P = NYSEH / (NYSEH + NYSEL) * 100;
case "NASDQ":
P = NASDQH / (NASDQH + NASDQL) * 100;
case "AMEX":
P = AMEXH / (AMEXH + AMEXL) * 100;
case "ARCA":
P = ARCAH / (ARCAH + ARCAL) * 100;
case "ETF":
P = ETFH / (ETFH + ETFL) * 100;
}
def price = if isNaN(P) then price[1] else P;
plot data = if isNaN(close) then double.nan else price;
data.EnableApproximation();
data.SetDefaultColor(Color.Cyan);
plot avg = MovingAverage(AvgType, data, length);
avg.EnableApproximation();
avg.AssignValueColor(if between(avg, OverSold, OverBought)
                     then Color.yellow
                     else if avg >= OverBought
                          then Color.Green
                          else Color.Red);
avg.SetLineWeight(2);
plot OB = if isNaN(close) then double.nan else OverBought;
OB.SetDefaultColor(Color.Red);
plot OS = if isNaN(close) then double.nan else OverSold;
OS.SetDefaultColor(Color.Green);
plot neutral = if isNaN(close) then double.nan else 50;
neutral.SetdefaultColor(Color.Dark_Gray);
addCloud(0, OS, CreateColor(250,0,0), CreateColor(250,0,0));
addCloud(OS, neutral, createColor(50,0,0), createColor(50,0,0));
addCloud(neutral, OB, createColor(0,50,0), createColor(0,50,0));
addCloud(OB, 100, CreateColor(0,250,0), createColor(0,250,0));
# End High - Low Index
2t1VzHB.png


Those are built in columns already in both the scanner and the watchlist.
Click to expand...

This is an interesting indicator, but how to use it, please?
 
petergluis said:
What are main differences between this market indicator and McClellan Oscillator?
Click to expand...
Breath indicators are all similar:
https://www.marketinout.com/chart/market.php?breadth=new-highs-new-lows

Jeff1228 said:
This is an interesting indicator, but how to use it, please?
Click to expand...

per the OP:
It is a technical indicator used by some traders and investors who view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement.
Click to expand...
 
markos said:
Try this chart out...
Code: 
# This indicator uses the Index New highs and Index New lows to help gauge overall Market sentiment. It's a leading indicator.
# Index New High - New Low Indicator
# Mobius 2015

declare lower;
input Symb = {default "NYSE", "NASDQ", "AMEX", "ARCA", "ETF"};
input length = 10;
input OverSold = 20;
input OverBought = 80;
Input AvgType = AverageType.Hull;

def agg = AggregationPeriod.Day;
def NYSEH  = close(Symbol = "$NYHGH", period = agg);
def NYSEL  = close(Symbol = "$NYLOW", period = agg);
def NASDQH = close(Symbol = "$NAHGH", period = agg);
def NASDQL = close(Symbol = "$NALOW", period = agg);
def AMEXH  = close(Symbol = "$AMHGH", period = agg);
def AMEXL  = close(Symbol = "$AMLOW", period = agg);
def ARCAH  = close(Symbol = "$ARHGH", period = agg);
def ARCAL  = close(Symbol = "$ARLOW", period = agg);
def ETFH   = close(Symbol = "$ETFHGH", period = agg);
def ETFL   = close(Symbol = "$ETFLOW", period = agg);
def P;
Switch (Symb){ 
case "NYSE":
P = NYSEH / (NYSEH + NYSEL) * 100;
case "NASDQ":
P = NASDQH / (NASDQH + NASDQL) * 100;
case "AMEX":
P = AMEXH / (AMEXH + AMEXL) * 100;
case "ARCA":
P = ARCAH / (ARCAH + ARCAL) * 100;
case "ETF":
P = ETFH / (ETFH + ETFL) * 100;
}
def price = if isNaN(P) then price[1] else P;
plot data = if isNaN(close) then double.nan else price;
data.EnableApproximation();
data.SetDefaultColor(Color.Cyan);
plot avg = MovingAverage(AvgType, data, length);
avg.EnableApproximation();
avg.AssignValueColor(if between(avg, OverSold, OverBought)
                     then Color.yellow
                     else if avg >= OverBought
                          then Color.Green
                          else Color.Red);
avg.SetLineWeight(2);
plot OB = if isNaN(close) then double.nan else OverBought;
OB.SetDefaultColor(Color.Red);
plot OS = if isNaN(close) then double.nan else OverSold;
OS.SetDefaultColor(Color.Green);
plot neutral = if isNaN(close) then double.nan else 50;
neutral.SetdefaultColor(Color.Dark_Gray);
addCloud(0, OS, CreateColor(250,0,0), CreateColor(250,0,0));
addCloud(OS, neutral, createColor(50,0,0), createColor(50,0,0));
addCloud(neutral, OB, createColor(0,50,0), createColor(0,50,0));
addCloud(OB, 100, CreateColor(0,250,0), createColor(0,250,0));
# End High - Low Index
2t1VzHB.png


Those are built in columns already in both the scanner and the watchlist.
Click to expand...
I loaded this study however it shows the red and green bars but not the graph lines. I am in pre market but have not seen anything that would make a difference, any idea what's wrong. Thx in advance
 
bbheli said:
I loaded this study however it shows the red and green bars but not the graph lines. I am in pre market but have not seen anything that would make a difference, any idea what's wrong. Thx in advance
Click to expand...
This indicator uses a daily aggregation.
Premarket is just a segment of a day so can't use a daily aggregation. Only intraday indicators work in extended hours.
 
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