Indicator for when two conditions are met

Jack Sprat

New member
Hi!
I was trying to write a strategy that would give some sort of indication (vertical line, up/down arrow) when two conditions were met. What I have so far is :


addverticalLine( if price_trend crosses above 0 then high else double.nan);
addverticalLine( if price_trend crosses below 0 then low else double.nan);
addverticalLine( if up[1] < 1 and up > 0 then low else Double.NaN);
addverticalLine( if down[1] < 1 and down > 0 then high else Double.NaN);

What I would like is a line or arrow when both addverticalLine( if price_trend crosses above 0 then high else double.nan); and addverticalLine( if up[1] < 1 and up > 0 then low else Double.NaN); happen and then conversely when both addverticalLine( if price_trend crosses below 0 then low else double.nan); and addverticalLine( if down[1] < 1 and down > 0 then high else Double.NaN); happen.

I've been trying various things all day but the combinations I was coming up were still missing like half the signals. Any help would be greatly appreciated!

Thanks
 
Solution
you are using addverticalline() incorrectly.
it wants 4 parameters. you are giving it 1 and of the wrong data type.
i think, if you provide 1 parameter to a function, without the parameter name, it is assumed to be the first one. the first parameter is supposed to be true/false , to trigger it during a point in time, during a candle.
your formula results in a price value.

your code doesn't include what price_trend or up or down are , so they may be another problem.
i guessed that up and down are 2 conditions.

what i would do,
...add a formula to define price_trend , as a true/false value
...define variables for each condition that are true/false
...use those variable names as the 1st parameter in addverticalline( )


this won't work...
you are using addverticalline() incorrectly.
it wants 4 parameters. you are giving it 1 and of the wrong data type.
i think, if you provide 1 parameter to a function, without the parameter name, it is assumed to be the first one. the first parameter is supposed to be true/false , to trigger it during a point in time, during a candle.
your formula results in a price value.

your code doesn't include what price_trend or up or down are , so they may be another problem.
i guessed that up and down are 2 conditions.

what i would do,
...add a formula to define price_trend , as a true/false value
...define variables for each condition that are true/false
...use those variable names as the 1st parameter in addverticalline( )


this won't work until a formula for price_trend is added.

Code:
def price_trend = ?
def up = if price_trend crosses above 0 then 1 else 0;
def down = if price_trend crosses below 0 then 1 else 0;

# these are redundant, same as up and down
def cond1 = if up[1] == 0 and up == 1 then 1 else 0;
def cond2 = if down[1] == 0 and down == 1 then 1 else 0;

# the 4th parameter is line type. it can be left out
addverticalline( up, "UP", color.green );
addverticalline( down, "DOWN", color.red );

https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Look---Feel/AddVerticalLine
 
Solution

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Great, thank you for your reply and explaining it for me. This is my first time trying to write an indicator so I'm still trying to figure it out. I appreciate the example and I'll see what I can work out!
Thanks
 

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