Generate a conflict zone

jcga1981

Member
Hi, I wanted to know if someone can help me create an indicator.
I am simply interested in generating a box in my chart, that is, the parameters that generate the box would be the highest point and the lowest point of the previous session.
The highest point can be defined by three conditionals.
The price for the last hour of the session, or the SMA200 or the SMA20 ... whichever is higher will be the ceiling of the box.
The lowest point can be defined by the lowest price of the last session hour, or the SMA200 or SMA20 ... whichever is the lowest will be the base of the box.
The idea would be to paint the box with a shading and that the box is regenerating day by day.
This I am looking for can be done at thinkorswim?
 
@jcga1981 Sure, it can be done. But not without a pile of coding and a case of JD. I don't drink like that so hopefully someone can help further.
The best I can do is have you look up Fractal Boxes in the search bar. There may be others. Good luck.
 

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
290 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