High/Low in Easy Language for Specific Time Frame

ABCTG · April 24th, 2020, 03:24 AM

cnbcsucks,

the code I posted below tracks the high and low within your time window and updates the plots to higher highs and lower lows. If you want to see a horizontal line at the highest high/lowest low you might want to use trendlines instead of plots and update the trendline with a change in your tracking variable.

Based on your screenshot I can't tell which code you are using exactly.

Regards,

ABCTG

cnbcsucks

ABCTG, Thank you for replying. I tried the EL code on a 5 minute chart for SPY. Is it a formatting issue or is the code plotting highs/lows on each 5 minute bar from 5 - 6:30am? Please see posted chart. Possible to plot the low and high across the entire 5 - 6:30am pre-market window as drawn manually on chart with white line?
spy

ABCTG · April 24th, 2020, 03:30 AM

cnbcsucks,

I just tested the below code again and it does not update the variables with every bar here, but only on bars that make a higher high or lower low.

Code

Variables:
bool doReset		( false ),
double preMarketHigh 	( -999999 ),
double preMarketLow 	( +999999 );

if Date <> Date[1] then //set flag on date change
   doReset = true ;

If time > 0830 and time < 0930 then
begin
	//reset the tracking values at the beginning of bracket
	if doReset then
	begin 
                doReset = false ;
  		preMarketHigh = High ;
  		preMarketLow = Low ;
        End ; 
	
	//keep track of higher highs and lower lows
	If High > preMarketHigh then
		preMarketHigh = High ;
		
	If Low < preMarketLow then
		preMarketLow = Low ;
End ;

If preMarketHigh <> -999999 then  
	Plot1( preMarketHigh , "Premarkethigh" ) ;
If preMarketLow <> +999999 then	
	Plot2( preMarketLow, "PreMarketLow" ) ;

Regards,

ABCTG

High/Low in Easy Language for Specific Time Frame

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High/Low in Easy Language for Specific Time Frame