Difference between revisions of "New Intraday HiLo"

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'''NumDays (3)''' sets the length of the average of daily mid-range values that is used to define the trend.<br>
 
'''NumDays (3)''' sets the length of the average of daily mid-range values that is used to define the trend.<br>
'''RequireReversalGap (True)''' restricts the monitoring for new highs/lows only to days that open with a reversal gap, if ongoing reversal is expected.<br>
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'''RequireReversalGap (True)''' restricts the monitoring for new highs/lows only to days that open with a reversal gap, in anticipation of ongoing reversal.<br>
 
'''BarsBetween (10''') sets the minimum number of bars required between new intraday highs and lows. This input temporarily excludes intraday highs/lows that are too recent.<br>
 
'''BarsBetween (10''') sets the minimum number of bars required between new intraday highs and lows. This input temporarily excludes intraday highs/lows that are too recent.<br>
 
'''StartBarTime (1000)''' sets different color plots for new intraday highs and lows before this bar.<br>
 
'''StartBarTime (1000)''' sets different color plots for new intraday highs and lows before this bar.<br>

Latest revision as of 15:22, 7 October 2021

This indicator displays the intraday high-low channel as lines and marks any new highs/lows for the day.

Default Inputs

NumDays (3) sets the length of the average of daily mid-range values that is used to define the trend.
RequireReversalGap (True) restricts the monitoring for new highs/lows only to days that open with a reversal gap, in anticipation of ongoing reversal.
BarsBetween (10) sets the minimum number of bars required between new intraday highs and lows. This input temporarily excludes intraday highs/lows that are too recent.
StartBarTime (1000) sets different color plots for new intraday highs and lows before this bar.
EndBarTime (1430) sets different color plots for new intraday highs and lows after this bar.