Arw New

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Displays an object, consisting of an up or a down arrow located at the specified bar and specified price value, on the chart that the study is based on.

Arw_New returns an object-specific ID number, required to further modify the object.

Usage

Arw_New(BarDate, BarTime, PriceValue, Direction)

Parameters

BarDate - a numerical expression specifying the date of the bar at which the object is to be placed; the date is indicated in the YYYMMdd format, where YYY is the number of years since 1900, MM is the month, and dd is the day of the month.
BarTime - a numerical expression specifying the time of the bar at which the object is to be placed; the time is indicated in the 24-hour HHmm format, where 1300 = 1:00 PM.
PriceValue - a numerical expression specifying the price value (vertical position, corresponding to a value on the price scale of a chart), where the object is to be placed.
Direction - a logical expression specifying the direction of the arrow; True = Down and False = Up.

Notes

  • Use Arw_New_self and Arw_New_self_s to create an arrow on the subchart with respectively minute and seconds precision.
  • Use Arw_New_s to draw arrows on the price chart with minute precision.

Example

Place, on the chart that the study is based on, an up arrow at the top of a bar if the Open price has increased incrementally over the last three bars:

If Open > Open[1] And Open[1] > Open[2] Then
   Value1 = Arw_New(Date, Time, High, False);