SPX Average range

[ezrollin]

How can I make an alert for if todays daily SPX close is less than the average (halfway point) of yesterdays total daily range?

if open < close then if (open[1]+close[1])/2 is greater than close[0]
else.......

thanks

 

[SleepyZ]

How can I make an alert for if todays daily SPX close is less than the average (halfway point) of yesterdays total daily range?

if open < close then if (open[1]+close[1])/2 is greater than close[0]
else.......

thanks

This will show the 1st time that SPX close is less than halfway point (HL2) of yesterday's total range daily range of the SPX

Thes test plots can be hidden and only 1 arrow will display when close is less than avg until it closes above avg and then closes below again each day.

#SPX close today less than HL2 of yesterday's daily SPX

input use_alert = yes;
input show_test_plots = yes;

plot Avg = hl2("SPX", AggregationPeriod.DAY)[1];
Avg.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
Avg.SetHiding(!show_test_plots);

def cond = if GetDay() != GetDay()[1] and close < Avg
then 1
else if close < Avg
then cond[1] + 1
else 0;

plot arrowdn = cond == 1;
arrowdn.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
arrowdn.SetDefaultColor(Color.WHITE);
arrowdn.SetLineWeight(5);
arrowdn.SetHiding(!show_test_plots);

Alert(use_alert and cond == 1, "Close Crosses Below SPX", Alert.BAR, Sound.Chimes);

#