How to plot a signal if a statement is true over the last X number of bars


New member
How would I create an arrow plot on the current bar if a statement has been true over the last x number of bars. For example If I wanted to plot a signal only when lows have been lower than their respective sma values over the past 5 bars. I can plot something like...

input x = 5;
plot signal = low is less than sma and low[x] is less than sma[x];

but this will only check to see if the current bar and the bar from x bars ago have lows lower than their respective sma values and will not check the bars in between. My current work around is to code for each individual bar until I get the desired number but I was hoping there is a better way to code for a range of bars all at once. If I currently wanted to plot a signal if the lows for the past 5 bars have been lower than their sma value it would look something like this...

plot signal = low is less than sma
and low[1] is less than sma[1]
and low[2] is less than sma[2]
and low[3] is less than sma[3]
and low[4] is less than sma[4];
Last edited:

declare upper;
input Length = 5;
input SMA_Length = 20;
def Sma = simpleMovingAvg(Close,SMA_Length);
plot OutPut = Sum(Low < Sma, Length) == Length;

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
284 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.