I need indicator to scan new high and new low

#11
Code:
TimeFrameSet(inDaily);

H1 = HHV(H, 1) ;
H2= (H1-C)< .001*C;
L1 = LLV(L,1) ;
L2 = (C-L1) < .001*C ;
Range = (H1-L1)/TickSize;

TimeFrameRestore() ;

H2 = TimeFrameExpand(H2, inDaily, expandFirst);
L2 = TimeFrameExpand(L2, inDaily, expandFirst);

format = 1.4;

SetOption("NoDefaultColumns", True);

AddTextColumn(Name(),"Ticker", 1.0, colorLightGrey, colorDarkGrey, 80);
AddColumn(DateTime(), "Date", formatDateTime, colorLightGrey, colorDarkGrey, 120);
AddColumn(C, "CMP", format, colorLightGrey, colorDarkGrey, 70);
AddColumn(TimeFrameExpand(H1, inDaily, expandFirst), "HHV", format, colorBrightGreen, colorDarkGrey, 70);
AddColumn(TimeFrameExpand(L1, inDaily, expandFirst), "LLV", format, colorRed, colorDarkGrey, 70);
AddColumn(TimeFrameExpand(Range, inDaily, expandFirst), "Range", 1.0, colorLightGrey, colorDarkGrey, 70);

Filter = Status("lastbarintest"); //H2 OR L2;
 
#15
Well, it's already daily just use different look back periods

Here is new one

Code:
TimeFrameSet(inDaily);

Lookback = Param("High/Low Lookback Period", 1, 1, 300, 1);
H1 = HHV(H, Lookback) ;
H2= (H1-C)< .001*C;
L1 = LLV(L,Lookback) ;
L2 = (C-L1) < .001*C ;
Range = (H1-L1)/TickSize;

TimeFrameRestore() ;

H2 = TimeFrameExpand(H2, inDaily, expandFirst);
L2 = TimeFrameExpand(L2, inDaily, expandFirst);

format = 1.4;

SetOption("NoDefaultColumns", True);

AddTextColumn(Name(),"Ticker", 1.0, colorLightGrey, colorDarkGrey, 80);
AddColumn(DateTime(), "Date", formatDateTime, colorLightGrey, colorDarkGrey, 120);
AddColumn(C, "CMP", format, colorLightGrey, colorDarkGrey, 70);
AddColumn(Lookback, "Period", 1, colorLightGrey, colorDarkGrey, 45);
AddColumn(TimeFrameExpand(H1, inDaily, expandFirst), "HHV", format, colorBrightGreen, colorDarkGrey, 70);
AddColumn(TimeFrameExpand(L1, inDaily, expandFirst), "LLV", format, colorRed, colorDarkGrey, 70);
AddColumn(TimeFrameExpand(Range, inDaily, expandFirst), "Range", 1.0, colorLightGrey, colorDarkGrey, 70);

Filter = Status("lastbarintest"); //H2 OR L2;
 
#16
Enter ticksize of your tickers in information window or if ticksize is all the same for all tickers then write in code e.g. TickSize = 1; or write with if ... else conditions.
 
#19
Re: I need indicator to scan new high and new low for intraday trading

Hi all,

Can anybody share the indicator which scan new highs and new lows for intraday trading

Thanks

Anil


scans stocks which are trading very very close to days Hihg or Days Low. You will get them in advance before they make new high or low

BUY : Means near Day high

Sell : Means near Day low





Code:
TimeFrameSet(inDaily);
H1 = HHV(H, 1) ;

H2= (H1-C)< .001*C;

L1 = LLV(L,1) ;


L2 = (C-L1) < .001*C ;

TimeFrameRestore() ;

SetOption("NoDefaultColumns", True);

AddTextColumn(Name(), "Symbol");
AddColumn(DateTime(), "Date", formatDateTime);
AddColumn(C, "CMP", 1.2);


Filter = H2 OR L2 ;

Plot(H2,"",colorBlue,styleDashed);
Plot(L2,"",4,styleDashed);

Buy = H2 ;
Sell = L2 ;

PlotShapes( Buy * shapeUpArrow + Sell * shapeDownArrow, IIf( Buy, colorYellow, colorYellow ) );

// thanks to jackpotoption who one share this file to me
 
Last edited:

hmsanil

Active Member
#20
Re: I need indicator to scan new high and new low for intraday trading

Hi santhosh,

Thanks for your indicator. I have a question,is it advisable to sell at high and buy at low using your indicator?

Because i have read that generally during intraday a stock will have some good correction from its Intraday High And Intraday Low

Thanks

Anil
 

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