Breakout indicator

• 06/30/2020 at 2:00 PM #137708
  reb

  Hello

  I’m trying to code the following breakout indicator :

  If it’s the first time  that the current candle closes upper/lower than the previous one after n candles, then i need a drawtext (BR after n candles)

  Ex: from 9h to 11h, every candle doesn’t close under the previous one, at 11h05 the indicator shows me the first close under the lowest of the previous one

  It also indicates me the number of candles where the breakout wasn’t active

  If you could help me, it should be very nice

   

  Reb

  

  reb

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  06/30/2020 at 3:21 PM #137740
  Nicolas

  Something like that?

  if close<lastclose or lastclose=0 then ncandles=barindex-lastbar drawtext("BR - #ncandles#",barindex,lastclose,dialog,standard,20) lastclose=close lastbar=barindex endif return

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  if close<lastclose or lastclose=0 then ncandles=barindex-lastbar drawtext("BR - #ncandles#",barindex,lastclose,dialog,standard,20) lastclose=close lastbar=barindex endif   return

   

  

  Nicolas

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  07/02/2020 at 7:59 AM #138046
  reb

  Thks Nicolas

  You re the boss

  

  reb

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