Rotation candle
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Hello!
Can anyone help me with an indicator of a rotation candle.
I want a green upp arrow at the bottom of a candlestick when
Price opens above the previus midpoint
price is above the previus midpoint and
Price is above the current midpoint.And a red arrow down at the top of a candlestick when
Price opens belov the previus midpoint
price is promov the previus midpoint and
price is belov the current midpoint.And a dot on the center of each candlestick, too
Looks interesting and along the lines of an idea I had this morning, so I await developments with enthusiasm! 🙂
Have I missed something? What is the condition for the red dot??
I can see it is at same level as the green dot in the previous candle … is that correct?
Just trying to help whoever may be kind enough to code it for you! 🙂
This simple code should do what needed:
med = medianprice up = open>med[1] and close>med[1] and close>med dn = open<med[1] and close<med[1] and close<med atr = averagetruerange[10] if up then drawarrowup(barindex,low-atr) coloured(0,255,0) endif if dn then drawarrowdown(barindex,high+atr) coloured(255,0,0) endif returnGraHal, bolsatrilera and Crillezz thanked this post
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7 years, 9 months ago.
Topic Details
| Forum: | ProBuilder: Indicators & Custom Tools |
| Language: | English |
| Started: | 08/25/2018 |
| Status: | Active |
| Attachments: | 3 files |
