Stairstep

Oct 11, 2022

This indicator helps you to recognize stairstep patterns on any timeframe by labeling them as they occur. The label changes to let you know when the pattern has broken, and then disappears after that.

Oct 12, 2022

Release Notes

Fixed a bug that caused the "Stairstep Break" label to linger around after the stairstep breaks.

Oct 12, 2022

Release Notes

Discovered that the ta.rising and ta.falling functions from tradingview consider the pattern to have broken when the prior candle's values match each other. For example, when using ta.falling, if price is moving down and then the high of the current candle is the same value as the high of the last candle, the pattern is broken and this function returns false. The stairstep pattern actually allows the values to be less than or equal to the prior value, so I had to custom code my own function to handle the rising/falling to account for this. Did a pretty major overhaul as a result. Should get correct values in there now.

Also made an improvement to the placement of the label so it sticks at the price where the stairstep breaks.

Oct 13, 2022

Release Notes

As it turns out, you can't assign the built-in variables: high, low, open, close to a custom variable and still access their history! This was news to me, and caused a bug in my rewrite yesterday. This release fixes that bug.

Oct 14, 2022

Release Notes

Now it's getting really good:
- Added a count of the # of stairsteps to the label
- Added "Inside Bar" to the label when the current candle is an inside bar, as well as a custom label text color on inside bars
- Added the option to use abbreviations (SS, IB, arrow icons) instead of full words on the label

Oct 14, 2022

Release Notes

Removing drawings for a clean chart

Oct 17, 2022

Release Notes

Fixed a bug that caused the label to show up *after* the min steps were present.
Improved the code to show the # of inside bars (when there are inside bars)