Close Within x% Of High-Low Range For ThinkOrSwim

[Drum Rocker]

Looking for help coding a study that will mark a price bar (any time frame) that has a close in the top 10% of it's range, or a close in the bottom 10% of it's range. For marking the bar that meets these conditions I am thinking a green dot above the price bar for a close in the top 10% of it's range and a red dot below the bar that closes in the bottom 10% of it's range. See image below.

The math for a top 10% close is: High - ((High - Low) * .10). Mark bar if close is equal to or greater than this result.
The math for a bottom 10% close is: Low + ((High - Low) * .10). Mark bar if close is equal to or less than this result.

Thanks in advance for any help with this study!

 

[XeoNoX]

here you go:
IDENTIFY BARS/CANDLES THAT HAVE CLOSED WITHIN XYZ% FROM ITS HIGHER (TOP) and LOWER (BOTTOM) HIGH-LOW RANGE v2.0

#IDENTIFY BARS/CANDLES THAT HAVE CLOSED WITHIN XYZ% FROM ITS HIGHER (TOP) and LOWER (BOTTOM) HIGH-LOW RANGE) v2.0
#via request By XeoNoX via usethinkscript.com 07/06/2024
#change input candle percent to whatever percent you would like
input CandlePercent = 10;
plot TopPercent= close>High - ((High - Low) * (CandlePercent*.01));
plot BottomPercent = close<Low + ((High - Low) * (CandlePercent*.01));
TopPercent.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_UP);
TopPercent.SetDefaultColor(Color.green);
TopPercent.SetLineWeight(2);
BottomPercent.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_DOWN);
BottomPercent.SetDefaultColor(Color.RED);
BottomPercent.SetLineWeight(2);

 

[Drum Rocker]

here you go:
IDENTIFY BARS/CANDLES THAT HAVE CLOSED WITHIN XYZ% FROM ITS HIGHER (TOP) and LOWER (BOTTOM) HIGH-LOW RANGE v2.0

#IDENTIFY BARS/CANDLES THAT HAVE CLOSED WITHIN XYZ% FROM ITS HIGH-LOW RANGE) v1.0
#via request By XeoNoX via usethinkscript.com 07/06/2024
input CandlePercent = 10;
plot top10 = close>High - ((High - Low) * (CandlePercent*.01));
plot bottom10 = close<Low + ((High - Low) * (CandlePercent*.01));
top10.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_UP);
top10.SetDefaultColor(Color.green);
top10.SetLineWeight(2);
bottom10.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_DOWN);
bottom10.SetDefaultColor(Color.RED);
bottom10.SetLineWeight(2);

Works perfectly. Thank you, @XeoNoX

 

[rlohmeyer]

HI,

Posted an update on this strategy since I view overnight bars. Thanks to @XeoNoX for the initial code. I set the code up to only look at the first 4 bars on a 30 minute chart from the open and the % at 12%. Took a trade this am and was out by the 5th bar. Perfect. Code below the image:

#IDENTIFY BARS/CANDLES THAT HAVE CLOSED WITHIN XYZ% FROM ITS HIGHER (TOP) and LOWER (BOTTOM) HIGH-LOW RANGE) v2.0
#via request By XeoNoX via usethinkscript.com 07/06/2024
#change input candle percent to whatever percent you would like
#@rlohmeyer--Modified for use with overnight charts to signal only on the first 2 hours
def na = double.NaN;
def OpenTime = 0930;
def RthInHours = 1.95;
def RthInSeconds = RthInHours * 60 * 60;
def SecondsTillOpen = SecondsFromTime(OpenTime);
def RTH = SecondsTillOpen >= 0 and SecondsTillOpen <= RthInSeconds;
input CandlePercent = 10;
plot TopPercent= if rth then close>High - ((High - Low) * (CandlePercent*.01)) else na;
plot BottomPercent = if rth then close<Low + ((High - Low) * (CandlePercent*.01)) else na;
TopPercent.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_UP);
TopPercent.SetDefaultColor(Color.green);
TopPercent.SetLineWeight(2);
BottomPercent.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_DOWN);
BottomPercent.SetDefaultColor(Color.RED);
BottomPercent.SetLineWeight(2);