PM High of Day

[casperamy]

Hello! I have been working on a script/study that plots the current High/Low of the session at 11:30 AM. I am trying to figure out how to generate a label and buy/sell signal if a bar closes above or below the respective plotted line (after 11:30 AM. I have tried a couple of solutions but no luck. If anyone has any input I would appreciate it!

Thanks in advance!

Casper

This is what I have so far:

input RangeBegin = 0930;

input RangeEnd = 1130;

input MarketOpen = 0930;

Def IsRangeActive = if secondstilltime(RangeEnd) > 0 && secondsfromtime(RangeBegin) >= 0 then 1 else 0;

Rec RangeHigh = if RangeHigh[1] == 0 or IsRangeActive[1] == 0 && IsRangeActive == 1 then high else if IsRangeActive && high > RangeHigh[1] then high else RangeHigh[1];

Rec RangeLow = if RangeLow[1] == 0 or IsRangeActive[1] == 0 && IsRangeActive == 1 then low else if IsRangeActive && low < RangeLow[1] then low else RangeLow[1];

plot pmH = RangeHigh;

plot pmL = RangeLow;

Also If possible for some insight on how to have the plots pmH and pmL start at 11:30 am (input Range End). I dont need to see them before that.

Thanks

 

[Svanoy]

@casperamy
:side note:
'Rec' is no longer required for defining recursive variables, just use 'Def'.

input RangeBegin = 0930;
input RangeEnd = 1130;
input MarketOpen = 0930;

Def IsRangeActive = if secondstilltime(RangeEnd) > 0 && secondsfromtime(RangeBegin) >= 0 then 1 else 0;
Def EOD = 1630;
Def PlotActive = if secondstilltime(EOD) > 0 && secondsfromtime(RangeEnd) >= 0 then 1 else 0;

Def RangeHigh = if RangeHigh[1] == 0 or IsRangeActive[1] == 0 && IsRangeActive == 1 then high else if IsRangeActive && high > RangeHigh[1] then high else RangeHigh[1];

Def RangeLow = if RangeLow[1] == 0 or IsRangeActive[1] == 0 && IsRangeActive == 1 then low else if IsRangeActive && low < RangeLow[1] then low else RangeLow[1];

plot pmH = if PlotActive then RangeHigh else double.nan;
plot pmL = if PlotActive then RangeLow else double.nan;

Def BuySignal;
Def SellSignal;

if !PlotActive {
    BuySignal = 0;
    SellSignal = 0;
}else if PlotActive &&  !BuySignal[1] && close[1] > pmH {
    BuySignal = 1;
    SellSignal = 0;
}else if PlotActive &&  !SellSignal[1] && close[1] < pmL {
    BuySignal = 0;
    SellSignal = 1;
}else{
    BuySignal = BuySignal[1];
    SellSignal = SellSignal[1];
}

AddChartBubble(BuySignal && !BuySignal[1],high,"Buy Signal",Color.Green,yes);
AddChartBubble(SellSignal && !SellSignal[1],low,"Sell Signal",Color.Light_Red,no);

AddLabel(yes,
        if BuySignal then "Buy Signal" else if SellSignal then "Sell Signal" else "Waiting For Signal",
        if BuySignal then Color.Green else if SellSignal then Color.Light_Red else Color.Gray);

 

[casperamy]

@casperamy
:side note:
'Rec' is no longer required for defining recursive variables, just use 'Def'.

input RangeBegin = 0930;
input RangeEnd = 1130;
input MarketOpen = 0930;

Def IsRangeActive = if secondstilltime(RangeEnd) > 0 && secondsfromtime(RangeBegin) >= 0 then 1 else 0;
Def EOD = 1630;
Def PlotActive = if secondstilltime(EOD) > 0 && secondsfromtime(RangeEnd) >= 0 then 1 else 0;

Def RangeHigh = if RangeHigh[1] == 0 or IsRangeActive[1] == 0 && IsRangeActive == 1 then high else if IsRangeActive && high > RangeHigh[1] then high else RangeHigh[1];

Def RangeLow = if RangeLow[1] == 0 or IsRangeActive[1] == 0 && IsRangeActive == 1 then low else if IsRangeActive && low < RangeLow[1] then low else RangeLow[1];

plot pmH = if PlotActive then RangeHigh else double.nan;
plot pmL = if PlotActive then RangeLow else double.nan;

Def BuySignal;
Def SellSignal;

if !PlotActive {
    BuySignal = 0;
    SellSignal = 0;
}else if PlotActive &&  !BuySignal[1] && close[1] > pmH {
    BuySignal = 1;
    SellSignal = 0;
}else if PlotActive &&  !SellSignal[1] && close[1] < pmL {
    BuySignal = 0;
    SellSignal = 1;
}else{
    BuySignal = BuySignal[1];
    SellSignal = SellSignal[1];
}

AddChartBubble(BuySignal && !BuySignal[1],high,"Buy Signal",Color.Green,yes);
AddChartBubble(SellSignal && !SellSignal[1],low,"Sell Signal",Color.Light_Red,no);

AddLabel(yes,
        if BuySignal then "Buy Signal" else if SellSignal then "Sell Signal" else "Waiting For Signal",
        if BuySignal then Color.Green else if SellSignal then Color.Light_Red else Color.Gray);

This is great! Ty!