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Date/Time: Sun, 24 Nov 2024 16:44:39 +0000



Post From: User Discussion / Programming help -- color bar by alert -- highest closing bar in X bars

[2024-05-15 12:41:31]
TropicalTrader - Posts: 45
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