Zorro-astrian

ALERT: Passed Yesterday's High/Low

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This is just a simple script to show if the current price passed yesterday's high or low price. It will create an alert if so (which can be set up to notify you via email or text).

http://blog.tradingview.com/?p=1633
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//@version=2
study("Passed Yesterday's High/Low", overlay=true)

//Yesterday's Daily High and Low
YesterHigh = security(tickerid, "D", high[1])
YesterLow = security(tickerid, "D", low[1])

//Current Minute Price
price = security(tickerid, "1", open)

//Price Rises
Rises = price > YesterHigh ? true : false

//Price Falls
Falls = price < YesterLow ? true: false

alertcondition(Rises, title='Price Up', message='Price has Risen!')
alertcondition(Falls, title='Price Down', message='Price has Fallen!')

plot(YesterHigh, color=green)
plot(YesterLow, color=red)
Thank you for posting
Would it be possible to adapt your code to plot the previous x days high/low? ( eg 20 and 55 day high/low as in the turtle system)
If so would you mind showing me?
Cheers Bert
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Hi Zorro-Astrian, thanks for the script. I was wondering if you could adapt the script to the following conditions (regardless of the timeframe):
> The plotted high (or resistance level) = the high, after 4 previous lower highs and before 2 lower highs
> The plotted low (or support level) = the low, after 4 previous higher lows and before 2 highers lows
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Zorro-astrian accidentje
Possibly--could you give me an example?
Reply
Zorro-astrian Zorro-astrian
I think you're saying to look back 7 previous highs (all of which are lower than the current one) and plot the value of the 5th high. (And then do the opposite for the lows)?
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accidentje Zorro-astrian
No; the high that needs to be plotted should be confirmed when 1. it's higher than the 4 prior (lower) highs AND 2. higher than the 2 following (lower) highs.
The low that needs to be plotted should be confirmed when 1. it's lower than the 4 prior (higher) lows AND 2. lower than the 2 following (higher) lows.
Reply
accidentje accidentje
Figured it out myself:
4/2 pivot levels
Reply
Zorro-astrian accidentje
Ok so you included today's high (and the previous 6 highs). You did h0 through h6 (which is 7 highs), and you stipulated that h2 (the 5th high) should be plotted. The only real difference is you meant the 5th high should be the highest, and the 6th the second highest.

By including today's high (which changes as new data arrives), you could get thrown off a bit.
You might want to stipulate opening price of today rather than the high of today (and keep the other highs the same)... As far as I understand, but i'm a noob...
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