Monthly High Low Close Indicator

Yves · 2016-11-02T15:32:54+00:00

Hi all, hope someboday can fix that little problem. I want that indicator to show previous month high low and close in any lower timeframe. Highs and lows works fine but the monthly close shows the wrong price. thanks in advance once monthlyHigh=undefined once monthlyLow=undefined once monthlyClose=undefined dailyHigh= DHigh(1) dailyLow= DLow(1) // monthly high/low If Month <> Month[1] then monthlyHigh = Highest[BarIndex - lastMonthBarIndex](dailyHigh) monthlyLow = Lowest[BarIndex - lastMonthBarIndex](dailyLow) lastMonthBarIndex = BarIndex ENDIF // monthly close If Month <> Month[1] then monthlyClose = DClose(1)[BarIndex - lastMonthBarIndex] lastMonthBarIndex = BarIndex ENDIF return monthlyHigh as "Prev Month High", monthlyLow as "Prev Month Low", monthlyClose as "Prev Month Close"

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01/08/2021 at 12:57 PM #156897 quote

MacroT
Participant

Average

Take US 500 (SPX) cash as an example – currently trading at 3815.

If the code gives a level of 3723-60, it resizes the 15M chart to show this indicator .

Is there anyway of including the indicator on the price chart but not resizing the chart – therefore if you scroll you will be able to see it but if the values are not close to last price then you won’t ?

Thanks

01/08/2021 at 1:37 PM #156900 quote
Vonasi
Moderator

Master
Try this:
```
if barindex >= 1 then
If Month<>Month[1] then
monthlyH = Highest[BarIndex - lastMonthBarIndex](High)[1]
monthlyL = Lowest[BarIndex - lastMonthBarIndex](Low)[1]
lastMonthBarIndex = BarIndex
if trimH=0 then
trimH=monthlyH
endif
trimH=max(trimH,monthlyH)
if trimL=0 then
trimL=monthlyL
endif
trimL=min(trimL,monthlyL)
if openmonth=4 or openmonth=7 or openmonth=10 or openmonth=1 then
trimestrialH=trimH
trimestrialL=trimL
endif
Endif
drawsegment(barindex-1,trimestrialH[1],barindex,trimestrialH) coloured(0,0,0)
drawsegment(barindex-1,trimestrialL[1],barindex,trimestrialL) coloured(0,0,0)
endif
 
return
```
01/11/2021 at 12:40 PM #157303 quote

MacroT
Participant

Average

On a Germany 30 DFB chart this indicator on price will show a level of 13620 – 13724.

On a 15M timeframe chart the whole chart resizes to show current values and this indicator. Is there any way in PRT v11.1 to have the indicator within the price section but for the chart NOT to resize and therefore will only come into display as the price gets near to the indicator value?

Thanks

01/11/2021 at 1:38 PM #157325 quote

Vonasi
Moderator

Master

Yes – use the code that I posted in answer to the first time that you asked the same question!

01/11/2021 at 1:41 PM #157327 quote

MacroT
Participant

Average

Thanks apologies I was having some issues and didn’t see it the first time
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