Large Range Bar

[tarun81]

Hi, I am new here. First, thank you to the moderators and the scripters for the great work you guys do.

Would it be possible if someone can code an upper indicator that will plot an arrow underneath a candle when its ATR is larger than the ATR of the last 14 bars or however many prior bars? I once saw on here where a similar script was created but it colors the bar and it only recognized the large bar when it's 2x or 3x the ATR. I already use another script that paints the bars for trend, so that script won't really work and it doesn't allow to modify the bar size to be 1.1x or 1.5x, just whole numbers.

 

[halcyonguy]

Hi, I am new here. First, thank you to the moderators and the scripters for the great work you guys do.

Would it be possible if someone can code an upper indicator that will plot an arrow underneath a candle when its ATR is larger than the ATR of the last 14 bars or however many prior bars? I once saw on here where a similar script was created but it colors the bar and it only recognized the large bar when it's 2x or 3x the ATR. I already use another script that paints the bars for trend, so that script won't really work and it doesn't allow to modify the bar size to be 1.1x or 1.5x, just whole numbers.

when asking about modifying a code, try to include a link to it, so others don't have to start from scratch.

to change an input to allow fractions, have to add a trailing 0 to the default number, like
input a = 0.0;

# atr_avg

def na = double.nan;
def bn = barnumber();

input atr_avg_len = 14;

# atr
#declare lower;
input atr_length = 14;
input averageType = AverageType.WILDERS;
def ATR = MovingAverage(averageType, TrueRange(high, close, low), atr_length);
#ATR.SetDefaultColor(GetColor(8));

def atravg = average(atr, atr_avg_len);
input atr_factor = 1.0;
def large = if (atr > ( atr_factor * atravg[1])) then 1 else 0;


plot z = if large then low*0.999 else na;
z.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
z.SetDefaultColor(Color.green);
z.setlineweight(3);
z.hidebubble();
#

 

[tarun81]

Thank you so much sir, this is perfect!