Daily data for intraday timeframe

Category: Indicators By: Leo Created: January 15, 2018, 9:26 AM
January 15, 2018, 9:26 AM
Indicators
9 Comments

Hi all,

This indicator  creates lines in a intraday timeframe chart:

  • highest daily price
  • lowest daily price
  • average close price
  • yesterday close
  • yesterday typical price

Hope it is useful for you as for me.

//DAILY VALUES FOR INTRADAY
//Author: LEO
//Variable as input: D
D = 20

once DayAverage=Dclose(1)
once DAYHIGHER=Dhigh(1)
once DAYLOWER=Dlow(1)

DAYCLOSE=Dclose(1)
TYPICALDAY=(DHIGH(1)+DLOW(1)+DAYCLOSE)/3

IF TYPICALDAY <> TYPICALDAY[1] THEN
 DayAverage=0
 DAYHIGHER=Dhigh(1)
 DAYLOWER=Dlow(1)
 FOR i=1 to D DO
  DayAverage=DCLOSE(i)+DayAverage
  DAYHIGHER=max(DAYHIGHER,Dhigh(i))
  DAYLOWER=min(DAYLOWER,Dlow(i))
 NEXT
 DayAverage=DayAverage/D
ENDIF

return DayAverage as "Day Close Average", DAYCLOSE as "Yesterday Close", TYPICALDAY as "YesterdTypical Price", DAYLOWER as "Minimum day", DAYHIGHER as "Maximum Day"

Download
Filename: daily-data-for-intraday-TF.itf
Downloads: 182
Download
Filename: Screen-Shot-2018-01-14-at-12.17.24.png
Downloads: 48
Leo Veteran
" IF YOU HAVE WEALTH , IT'S A DUTY TO HELP THOSE WHO DON'T " Manoj Bhargava
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