Scanner for new yearly low

[Ridenaked45]

Good evening! I am new to using Thinkscript, and have not been able to figure out how to write a code for a scanner I want to use. I am wanting to scan for a yearly LOW that is breaking below a specific level for the first time. I.E stock XYZ is breaking below $5 for the first time ever. Is that something I can even do?

 

[halcyonguy]

Good evening! I am new to using Thinkscript, and have not been able to figure out how to write a code for a scanner I want to use. I am wanting to scan for a yearly LOW that is breaking below a specific level for the first time. I.E stock XYZ is breaking below $5 for the first time ever. Is that something I can even do?

here is a lower chart study to experiment with. set the chart to day

# first_signal_in_year_0
#https://usethinkscript.com/threads/scanner-for-new-yearly-low.16055/

declare lower;

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

#def newday = getday() != getday()[1];
def newyear = getyear() != getyear()[1];

input lo_level = 5.00;

def lolo = if low < lo_level then 1 else 0;

def lolonum = if newyear then 0
 else if lolo then getday()
 else lolonum[1];

def firstlownum = if newyear then 0
 else if firstlownum[1] > 0 then firstlownum[1]
 else if lolo then getday()
 else firstlownum[1];

def firstlolo = if firstlownum == getday() then 1 else 0;

# first signal
plot z1 = firstlolo + 0.25;

#all signals
input show_all_signals = no;
plot z2 = if !show_all_signals then na
 else if bn == 1 then -1.25 else if lolo then -0.25
 else -1.25;

addverticalline( newyear, "-", color.cyan);

#---------------------------
addchartbubble(0, 0,
lolo + "\n" +
lolonum + "\n" +
firstlownum + "\n" +
firstlolo  + "\n" 
, (if firstlolo then color.yellow else color.gray), no);

#