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Breakout indicator

reb · 2020-06-30T13:00:46+00:00

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

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Breakout indicator

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06/30/2020 at 2:00 PM #137708 quote

reb
Participant

Master

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

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

Legend
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
```
07/02/2020 at 7:59 AM #138046 quote

reb
Participant

Master

Thks Nicolas

You re the boss
Author

Posts

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Breakout indicator

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reb @reb Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by reb
6 years, 3 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	06/30/2020
Status:	Active
Attachments:	No files

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Breakout indicator

Stuck on this ProBuilder code?

Breakout indicator ProBuilder: Indicators & Custom Tools

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Breakout indicator

ProBuilder: Indicators & Custom Tools