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how do i make this a neutral zone

Miamidog

New member
I want to turn my overbought and oversold to a neutral line. how do I code that?

input over_bought = 60;
input over_sold = 40;
 
Last edited:
Solution
You could do something like one of these,

Code:
Input Neutral = 50;

Code:
Def isNeutral = Between(X, 40, 60);

Code:
Def isNeutral = X > 40 and X < 60;

but it depends on the rest of the code, you may need to be more specific.
You could do something like one of these,

Code:
Input Neutral = 50;

Code:
Def isNeutral = Between(X, 40, 60);

Code:
Def isNeutral = X > 40 and X < 60;

but it depends on the rest of the code, you may need to be more specific.
 
Solution
Yes it did work.. now im trying to make it plot on the candle made the high and low



Code:
Input Neutral = 50;
input KPeriod = 5;
input DPeriod = 3;
input priceH = high;
input priceL = low;
input priceC = close;
input slowing_period = 2;
input averageType = AverageType.SIMPLE;
input showBreakoutSignals = {default "No", "On FullK", "On FullD", "On FullK & FullD"};

def lowest_k = Lowest(priceL, KPeriod);
def c1 = priceC - lowest_k;
def c2 = Highest(priceH, KPeriod) - lowest_k;
def FastK = if c2 != 0 then c1 / c2 * 100 else 0;
Def isNeutral = Neutral > 40 and Neutral < 60;
def FullK = MovingAverage(averageType, FastK, slowing_period);
def FullD = MovingAverage(averageType, FullK, DPeriod);

def data  = (if FullD crosses above Neutral  then 1 else 0);
def data2 = (if FullD crosses below Neutral then 1 else 0);
###

plot xdata = if data[1] == 0 and data then (Lowest(low[1], 7)) else Double.NaN;
xdata.SetPaintingStrategy(PaintingStrategy.POINTS);
xdata.SetLineWeight(5);

plot xdata2 = if data[1] == 0 and data2 then (Highest(high[1], 7)) else Double.NaN;
xdata2.SetPaintingStrategy(PaintingStrategy.POINTS);
xdata2.SetLineWeight(5);

#------------------------------------------------
# change high to highest high and low to lowest low

def sh =  if !IsNaN(xdata2)  then highest(priceh[1], 5) else Double.NaN;
def sl = if !IsNaN(xdata)  then lowest(priceL[1], 5) else Double.NaN;
input showhilowline = yes;
plot hilowline = if showhilowline == no then Double.NaN else if data2 == 1 then sh else sl;
hilowline.EnableApproximation();
hilowline.SetDefaultColor(Color.BLACK);
hilowline.HideBubble();
 

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