when a candle closes 1-3 ticks away from its high or low?

DannyKaye1990

New member
Hey everybody,

Does anyone know if there is a way to make an indicator that will show up when a candle closes 1-3 ticks away from its high or low? I would love to have this on my charts instead of constantly watching price action.

Thanks!
 
Solution
If you don't mind highs and lows being inside bounds, you can do it this way:
Code:
declare upper;

input lookback = 500;
input within_n_ticks = 3;
def h = highest(high, lookback);
def l = lowest(low, lookback);

def t = tickSize();
def warning_range = within_n_ticks * t;
plot near_high = if close >= h - warning_range then 1 else 0;
plot near_low = if close <= l + warning_range then 1 else 0;
near_high.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
near_low.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
AssignPriceColor(if near_high == 1 then color.green else if near_low == 1 then color.red else color.gray);

You can do it with highestall() and lowestall(), but it will complain about complexity and isn't usable as...
If you don't mind highs and lows being inside bounds, you can do it this way:
Code:
declare upper;

input lookback = 500;
input within_n_ticks = 3;
def h = highest(high, lookback);
def l = lowest(low, lookback);

def t = tickSize();
def warning_range = within_n_ticks * t;
plot near_high = if close >= h - warning_range then 1 else 0;
plot near_low = if close <= l + warning_range then 1 else 0;
near_high.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
near_low.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
AssignPriceColor(if near_high == 1 then color.green else if near_low == 1 then color.red else color.gray);

You can do it with highestall() and lowestall(), but it will complain about complexity and isn't usable as a scan (if I recall correctly)

Code:
declare upper;

input within_n_ticks = 3;

def h = highestall(high);
def l = lowestall(low);

def t = tickSize();
def warning_range = within_n_ticks * t;

plot near_high = if close >= h - warning_range then 1 else 0;
plot near_low = if close <= l + warning_range then 1 else 0;
near_high.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
near_low.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);

AssignPriceColor(if near_high == 1 then color.green else if near_low == 1 then color.red else color.gray);

What you do with it is up to you,
but have fun

-mashume
how do make it daily instead of intraday?
 

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If you don't mind highs and lows being inside bounds, you can do it this way:
Code:
declare upper;

input lookback = 500;
input within_n_ticks = 3;
def h = highest(high, lookback);
def l = lowest(low, lookback);

def t = tickSize();
def warning_range = within_n_ticks * t;
plot near_high = if close >= h - warning_range then 1 else 0;
plot near_low = if close <= l + warning_range then 1 else 0;
near_high.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
near_low.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
AssignPriceColor(if near_high == 1 then color.green else if near_low == 1 then color.red else color.gray);

You can do it with highestall() and lowestall(), but it will complain about complexity and isn't usable as a scan (if I recall correctly)

Code:
declare upper;

input within_n_ticks = 3;

def h = highestall(high);
def l = lowestall(low);

def t = tickSize();
def warning_range = within_n_ticks * t;

plot near_high = if close >= h - warning_range then 1 else 0;
plot near_low = if close <= l + warning_range then 1 else 0;
near_high.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
near_low.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);

AssignPriceColor(if near_high == 1 then color.green else if near_low == 1 then color.red else color.gray);

What you do with it is up to you,
but have fun

-mashume
 
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