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Plot line at higher high after price spike

decoder

New member
can you guys help me create a study that plots line at high of the candle when it spikes over 30% and range its double than yesterday's ? but if the next candle makes a higher high then plot the line at the new high whether or not it spikes 30% and so on until stop making new highs. Thanks for your time.
 
can you guys help me create a study that plots line at high of the candle when it spikes over 30% and range its double than yesterday's ? but if the next candle makes a higher high then plot the line at the new high whether or not it spikes 30% and so on until stop making new highs. Thanks for your time.

The spikes are denoted by a white dot at the high. If the subsequent bars are higher highs then a cyan colored line will plot at these highs.

Capture.jpg
Ruby:
#can you guys help me create a study that plots line at high of the candle when it spikes over 30% and range its double than yesterday's ? but if the next candle makes a higher high then plot the line at the new high whether or not it spikes 30% and so on until stop making new highs. Thanks for your time.

def range =
  (high(period = AggregationPeriod.DAY) - low(period = AggregationPeriod.DAY)) >
  (high(period = AggregationPeriod.DAY)[1] - low(period = AggregationPeriod.DAY)[1]) * 2 ;

def spike       = range and (high - low) > (high[1] - low[1]) * 1.30;
plot spikebegin = if spike
                  then high
                  else
                  double.nan;
spikebegin.setpaintingStrategy(PaintingStrategy.POINTS);
spikebegin.setlineWeight(5);
spikebegin.setdefaultColor(color.white);

def spikehighs     = if isnan(close)
                     then spikehighs[1]
                     else if spike[1] and high> high[1]
                     then high
                     else if high > spikehighs[1]
                     then high
                     else if spike
                     then double.nan
                     else spikehighs[1];

plot spikenewhighs = if spike then double.nan else spikehighs;
spikenewhighs.setpaintingStrategy(PaintingStrategy.LINE);
spikenewhighs.setdefaultColor(color.cyan);
spikenewhighs.setlineweight(4);
;
 

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Great work! just one thing, I did not express my self correctly the first time I want to plot also the line at the high when there is not consecutive highs, thank you so much for your precious time.
7FspHBO.png
[/IMG]
 
Great work! just one thing, I did not express my self correctly the first time I want to plot also the line at the high when there is not consecutive highs, thank you so much for your precious time.
7FspHBO.png
[/IMG]

Added red lines in case you still needed them.

Capture.jpg
Ruby:
#can you guys help me create a study that plots line at high of the candle when it spikes over 30% and range its double than yesterday's ? but if the next candle makes a higher high then plot the line at the new high whether or not it spikes 30% and so on until stop making new highs. Thanks for your time.

def range =
  (high(period = AggregationPeriod.DAY) - low(period = AggregationPeriod.DAY)) >
  (high(period = AggregationPeriod.DAY)[1] - low(period = AggregationPeriod.DAY)[1]) * 2 ;

def spike       = range and (high - low) > (high[1] - low[1]) * 1.30;
 
plot spikebegin  = if spike
                   then high
                   else
                   double.nan;
spikebegin.setpaintingStrategy(PaintingStrategy.POINTS);
spikebegin.setlineWeight(5);
spikebegin.setdefaultColor(color.white);

def spikehighs     = if isnan(close)
                     then spikehighs[1]
                     else if spike[1] and high> high[1]
                     then high
                     else if high > spikehighs[1]
                     then high
                     else if spike
                     then double.nan
                     else spikehighs[1];

plot spikenewhighs = if spike then double.nan else spikehighs;
spikenewhighs.setpaintingStrategy(PaintingStrategy.LINE);
spikenewhighs.setdefaultColor(color.cyan);
spikenewhighs.setlineweight(4);

def spikebarehi    = if isnan(close)
                     then spikebarehi[1]
                     else if spike
                     then high
                     else if high > spikebarehi[1]
                     then double.nan
                     else
                     spikebarehi[1];

plot barespikehi   = spikebarehi;
barespikehi.setpaintingStrategy(paintingStrategy.HORIZONTAL);
barespikehi.setdefaultColor(color.red);
;
 

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