Hi,
Do you have any ideas on how to mark the high and low of a time range, e.g., 8 a.m. to 12 p.m., on the chart?
It is important that the highs and lows are marked only on the basis of the candle bodies, i.e., without wicks and shadows. I wrote it once on a closing price basis. However, it is sometimes the case that the opening prices mark the lower or upper end, and then the line is not correct.
// Dailyreset
IF Day <> Day[1] THEN
hiClose = Close
loClose = Close
ENDIF
// Collecting only between 08:00 and 14:30
IF Time >= 080000 AND Time <= 143000 THEN
hiClose = MAX(hiClose, Close)
loClose = MIN(loClose, Close)
ENDIF
// Drawing Line from 14:30
IF Time >= 143000 THEN
DRAWSEGMENT(barindex, hiClose, barindex + 1, hiClose) COLOURED(165,42,42)style(dottedline, 3)
DRAWSEGMENT(barindex, loClose, barindex + 1, loClose) COLOURED(165,42,42)style(dottedline, 3)
ENDIF
There you go:
// Dailyreset
//IF Day <> Day[1] THEN
//hiClose = Close
//loClose = Close
//ENDIF
// Collecting only between 08:00 and 12:00
IF OpenTime >= 080000 AND OpenTime <= 120000 THEN
if OpenTime = 080000 THEN
hiClose = Close
loClose = Close
endif
hiClose = MAX(hiClose, Close)
loClose = MIN(loClose, Close)
ENDIF
// Drawing Line from 12:00
IF OpenTime >= 120000 THEN
DRAWSEGMENT(barindex, hiClose, barindex + 1, hiClose) COLOURED(165,42,42)style(dottedline, 3)
DRAWSEGMENT(barindex, loClose, barindex + 1, loClose) COLOURED(165,42,42)style(dottedline, 3)
ENDIF
return
Please select the correct language. I moved it from the German forum. Thanks 🙂
Hi Roberto,
I probably didn’t express myself clearly.
However, the formula you showed only depicts the range in the period shown on a close basis.
In the image, you can see that the range would be higher if you also wanted to use the open (high, low).
In other words, I want to see the lowest price and the highest price of all candlesticks in the period. I don’t know how to include the open price in the calculation.
i mean, highest and lowest price on basis of candelstick-bodies.
// Dailyreset
//IF Day <> Day[1] THEN
//hiClose = Close
//loClose = Close
//ENDIF
// Collecting only between 08:00 and 12:00
IF OpenTime >= 080000 AND OpenTime <= 120000 THEN
if OpenTime = 080000 THEN
hiClose = MAX(Close,Open)
loClose = Min(Close,open)
endif
hiClose = MAX(hiClose, MAX(Close,Open))
loClose = MIN(loClose, Min(Close,open))
ENDIF
// Drawing Line from 12:00
IF OpenTime >= 120000 THEN
DRAWSEGMENT(barindex, hiClose, barindex + 1, hiClose) COLOURED(165,42,42)style(dottedline, 3)
DRAWSEGMENT(barindex, loClose, barindex + 1, loClose) COLOURED(165,42,42)style(dottedline, 3)
ENDIF
return
That’s it – many thanks Roberto 🙂
