Trend lines

[Stockmarker]

Good evening everyone,
I'm looking for help with automatic trend line, here is my requirement.
1) Take only last 5 bars from the current bar(Should work for all time frames).
2) Check high/low's (Including Wick) from the last 5 bars and extend the same trend line - high wick and low wick to next 50 bars.

Could you anyone help with this request. thanks.

 

[halcyonguy]

Good evening everyone,
I'm looking for help with automatic trend line, here is my requirement.
1) Take only last 5 bars from the current bar(Should work for all time frames).
2) Check high/low's (Including Wick) from the last 5 bars and extend the same trend line - high wick and low wick to next 50 bars.

Could you anyone help with this request. thanks.

this looks at the last x bars and finds the highest and lowest.
draws gray lines at those levels, to the right edge of chart.
can pick wicks or body levels.

# prev_xbars_horzlines

def bn = barnumber();
def na = double.nan;
input bars_back = 5;
input candle_levels = {default "wick" , "body" };

def highx;
def lowx;
switch (candle_levels) {
case "wick":
    highx = high;
    lowx = low;
case "body":
    highx = Max( open, close);
    lowx = Min( open, close);
}

def prev_hi;
def prev_lo;
if bn == 1 then {
  prev_hi = na;
  prev_lo = na;
} else if ( !isnan(close[-(bars_back-1)]) and isnan(close[-bars_back]) ) then {
  prev_hi = highest(highx[-(bars_back-1)], bars_back);
  prev_lo = lowest(lowx[-(bars_back-1)], bars_back);
} else {
  prev_hi = prev_hi[1];
  prev_lo = prev_lo[1];
}

plot zh = prev_hi;
plot zl = prev_lo;
zh.setdefaultcolor(color.gray);
zl.setdefaultcolor(color.gray);
#

 

[Stockmarker]

Just a quick question,

1) Can we include the time frame instead bar numbers? (Example : from 0930 to 1000 EST).
2) I'm able to see the lines which are extended further in TOS desktop but not on mobile.
Is this applicable only to desktop version? do we need to make any changes to work in mobile?

Thanks for your help.

 

[MerryDay]

Just a quick question,

1) Can we include the time frame instead bar numbers? (Example : from 0930 to 1000 EST).
2) I'm able to see the lines which are extended further in TOS desktop but not on mobile.
Is this applicable only to desktop version? do we need to make any changes to work in mobile?

Thanks for your help.

https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/#post-58079

 

[halcyonguy]

Just a quick question,

1) Can we include the time frame instead bar numbers? (Example : from 0930 to 1000 EST).
2) I'm able to see the lines which are extended further in TOS desktop but not on mobile.
Is this applicable only to desktop version? do we need to make any changes to work in mobile?

Thanks for your help.

i think looking at the code in these posts will help.
This thread has many codes that use 2 dates to draw diagonal lines.
https://usethinkscript.com/threads/draw-a-trendline-based-on-time.9260/

 

[Stockmarker]

i think looking at the code in these posts will help.
This thread has many codes that use 2 dates to draw diagonal lines.
https://usethinkscript.com/threads/draw-a-trendline-based-on-time.9260/

Thanks everyone.

I got the help from this post : https://usethinkscript.com/threads/opening-range-breakout-indicator-for-thinkorswim.16/