Adding MTF feature to RangeBands

younglove06

Member
2019 Donor
I have been trying for days to add MTF option for this code:

def total = if close < open then (high + 2 * low + close) / 2 else if close > open then (2 * high + low + close) / 2 else (high + low + 2 * close) / 2;

plot UpperPr = total[1] - low[1];
UpperPr.SetDefaultColor(GetColor(8));

plot LowerPr = total[1] - high[1];
LowerPr.SetDefaultColor(GetColor(8));


I dont know what I am doing wrong, but this is what I have so far. I am applying this to a lower time frame, but Its not working.

input agg = AggregationPeriod.TEN_MIN ;
def low = low(period = agg);
def high = high(period = agg);
def close = close(period = agg);
def open = open(period = agg);


Anyone who can help, It would be much appreciated. Thank you in advance :)
 
Solution
I have been trying for days to add MTF option for this code:

def total = if close < open then (high + 2 * low + close) / 2 else if close > open then (2 * high + low + close) / 2 else (high + low + 2 * close) / 2;

plot UpperPr = total[1] - low[1];
UpperPr.SetDefaultColor(GetColor(8));

plot LowerPr = total[1] - high[1];
LowerPr.SetDefaultColor(GetColor(8));


I dont know what I am doing wrong, but this is what I have so far. I am applying this to a lower time frame, but Its not working.

input agg = AggregationPeriod.TEN_MIN ;
def low = low(period = agg);
def high = high(period = agg);
def close = close(period = agg);
def open = open(period = agg);


Anyone who can help, It would be much appreciated. Thank you in advance...

SleepyZ

Well-known member
VIP
Lifetime
I have been trying for days to add MTF option for this code:

def total = if close < open then (high + 2 * low + close) / 2 else if close > open then (2 * high + low + close) / 2 else (high + low + 2 * close) / 2;

plot UpperPr = total[1] - low[1];
UpperPr.SetDefaultColor(GetColor(8));

plot LowerPr = total[1] - high[1];
LowerPr.SetDefaultColor(GetColor(8));


I dont know what I am doing wrong, but this is what I have so far. I am applying this to a lower time frame, but Its not working.

input agg = AggregationPeriod.TEN_MIN ;
def low = low(period = agg);
def high = high(period = agg);
def close = close(period = agg);
def open = open(period = agg);


Anyone who can help, It would be much appreciated. Thank you in advance :)

This looks like it works if your chart timeframe is less or equal to the input agg period.. The plotting remains the same for the entire agg period shown on the lower timeframe, and looks like it does in the image

Capture.jpg

Ruby:
input agg = AggregationPeriod.TEN_MIN ;
def low = low(period = agg);
def high = high(period = agg);
def close = close(period = agg);
def open = open(period = agg);

def total = if close < open then (high + 2 * low + close) / 2 else if close > open then (2 * high + low + close) / 2 else (high + low + 2 * close) / 2;

plot UpperPr = total[1] - low[1];
UpperPr.SetDefaultColor(GetColor(8));

plot LowerPr = total[1] - high[1];
LowerPr.SetDefaultColor(GetColor(8));
 
Solution

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Top