% Change between Yesterday's Close and Today's LOW

scottsamesame

New member
On a daily chart, I am looking to determine the percent change between yesterday's close and the LOWEST price for the current candle, and if it's over a 4.5% drop, put an arrow.

Here's what I have but this is only for yesterday's close compared to the current candle close. I can't find a way to base it on the current candle's LOWEST price, not where the candle closed. Here's what I have that's close, but not exactly what I want. Any help is appreciated. TY


# THIS SHOWS AN ARROW WHEN THE CURRENT CANDLE IS DOWN MORE THAN X% FROM PRIOR CANDLE CLOSE
#THE NUMBER BELOW IS THE % DOWN ON THAT CANDLE FROM THE PRIOR CANDLE CLOSE (i.e. -4.5% = -.045)

declare upper;

input user = -.045;
def percent_chg = (close-close[1])/close[1];
plot arrow = if percent_chg <= user then 1 else 0;

arrow.setpaintingStrategy(paintingStrategy.BOOLEAN_ARROW_UP);
 

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
495 Online
Create Post

Similar threads

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.
Back
Top