Support Board
Date/Time: Sun, 24 Nov 2024 16:51:59 +0000
[User Discussion] - User Discussion / Programming help -- color bar by alert -- highest closing bar in X bars
View Count: 259
| [2024-05-15 12:41:31] |
| TropicalTrader - Posts: 45 |
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Hi, I would love some help me with this formula =AND(C<O,C<L[***]) *** = highest high of the last 4 bull bars I want to have the color bar by alert trigger when there is a close below the low of the bullish bar that made the highest high in the last 4 bullish bars (ignoring highs of bearish bars or dojis) Here are 2 examples where the pink line marks the correct signal bar https://cdn.shopify.com/s/files/1/0598/6757/files/ex.jpg Thanks! Reference Market Structure - Valid Highs / Valid Lows |
| [2024-05-26 01:54:39] |
| Sawtooth - Posts: 4119 |
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This is much more complex than you think, because you must first isolate the bullish bar that made the highest high in the last 4 bullish bars. This is the challenging part, and would be much easier if you only wanted the most recent 4 bullish bars, without any historical alerts. Beyond this, it is probably not possible with even a spreadsheet study, and would therefore require a custom ACSIL study. |
| [2024-05-26 02:02:11] |
| TropicalTrader - Posts: 45 |
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Thanks for your reply. I don't need the historical alerts, using the most recent 4 bullish bars would be great. |
| [2024-05-26 13:58:41] |
| Sawtooth - Posts: 4119 |
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Please Direct Message me to discuss this further.
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