Below/Above Trendline

• 12/31/2022 at 11:20 AM #206568
  snucke

  I would like to know if it is possible to generate signal depending on if price is below or above a trendline

  and how would i convert that into code.

  i have attached a picture of what im looking for.

  ofcourse it depends on how you calculate the Highs and lows etc..

  

  snucke

  Participant

  Topics: 9

  Replies: 143

  Been thanked: 21 times
  12/31/2022 at 11:36 AM #206570
  snucke

  or is it possible to use the ProReal Oblique trendlines as a signal in below or above in some way?

  

  snucke

  Participant

  Topics: 9

  Replies: 143

  Been thanked: 21 times
  12/31/2022 at 4:15 PM #206577
  robertogozzi

  It’s not possible to know about ojects drawn on the chart.

  The solution is to calculate your own trendline.

  I will code something asap.

   

  1 user thanked author for this post.

  SnorreDK

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17142

  Been thanked: 4032 times
  01/29/2023 at 1:11 PM #208644
  robertogozzi

  Sorry for the long delay 😔, but I couldn’t write the code you need. I’ll be busy for the next 3 weeks, but I’ll do it soon after.

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17142

  Been thanked: 4032 times
  02/25/2023 at 4:58 PM #210486
  robertogozzi

  Sorry for the delay.

  I came up with this one:

  DEFPARAM DrawOnLastBarOnly = true ONCE LB = 20 //20 LookBack periods myMax = max(open,close) myMin = min(open,close) IF BarIndex > (LB * 2) THEN HH2 = highest[LB](myMax[1]) LL2 = lowest[LB](myMin[1]) HH1 = highest[LB](myMax[1+LB]) LL1 = lowest[LB](myMin[1+LB]) DrawSegment(BarIndex[LB*2],HH1,BarIndex,HH2) coloured("Green") style(line,2) DrawSegment(BarIndex[LB*2],LL1,BarIndex,LL2) coloured("Red") style(line,2) ENDIF RETURN

  1 2 3 4 5 6 7 8 9 10 11 12 13

  DEFPARAM DrawOnLastBarOnly = true ONCE LB = 20     //20 LookBack periods myMax   = max(open,close) myMin   = min(open,close) IF BarIndex > (LB * 2) THEN    HH2     = highest[LB](myMax[1])    LL2     = lowest[LB](myMin[1])    HH1     = highest[LB](myMax[1+LB])    LL1     = lowest[LB](myMin[1+LB])    DrawSegment(BarIndex[LB*2],HH1,BarIndex,HH2) coloured("Green") style(line,2)    DrawSegment(BarIndex[LB*2],LL1,BarIndex,LL2) coloured("Red")   style(line,2) ENDIF RETURN

  it’s a starting point. Let me know if this is somewhat helpful.

   

  2 users thanked author for this post.

  Zigo, snucke

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17142

  Been thanked: 4032 times
  04/18/2023 at 12:47 AM #213424
  Aragorna

  Hi Roberto,

  just a question, how do you call this trendline in a strategy? I mean, If  I say close crosses over “what” ?

  thank’s in advance

  

  Aragorna

  Participant

  Topics: 36

  Replies: 130

  Been thanked: 12 times
  04/19/2023 at 3:31 PM #213517
  Nicolas

  You need to build affine function of the trendline and check if price is above/below of the current value of the function, example: https://www.prorealcode.com/topic/etendre-drawray-sur-x-barres/#post-137968

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  04/20/2023 at 9:30 AM #213537
  Zigo

  Line10 and 11 are different.

  DEFPARAM DrawOnLastBarOnly = true ONCE LB = n //20 LookBack periods myMax = max(open,close) myMin = min(open,close) IF BarIndex > (LB * 2) THEN HH2 = highest[LB](myMax[1]) LL2 = lowest[LB](myMin[1]) HH1 = highest[LB](myMax[1+LB]) LL1 = lowest[LB](myMin[1+LB]) DrawSegment(BarIndex[LB*2],HH1,BarIndex+Lb,HH2) coloured("Green") style(line,2) DrawSegment(BarIndex[LB*2],LL1,BarIndex+Lb,LL2) coloured("Red") style(line,2) ENDIF RETURN

  1 2 3 4 5 6 7 8 9 10 11 12 13

  DEFPARAM DrawOnLastBarOnly = true ONCE LB = n     //20 LookBack periods myMax   = max(open,close) myMin   = min(open,close) IF BarIndex > (LB * 2) THEN HH2     = highest[LB](myMax[1]) LL2     = lowest[LB](myMin[1]) HH1     = highest[LB](myMax[1+LB]) LL1     = lowest[LB](myMin[1+LB]) DrawSegment(BarIndex[LB*2],HH1,BarIndex+Lb,HH2) coloured("Green") style(line,2) DrawSegment(BarIndex[LB*2],LL1,BarIndex+Lb,LL2) coloured("Red")   style(line,2) ENDIF RETURN

  

  Zigo

  Participant

  Topics: 24

  Replies: 343

  Been thanked: 63 times
  04/20/2023 at 9:37 AM #213540
  Zigo

  2 times the indicator once with a Lookback period of 20 and one with the lookback period of 10 candles.
  In the modification also 10 Candles forwards.

  

  Zigo

  Participant

  Topics: 24

  Replies: 343

  Been thanked: 63 times
  04/20/2023 at 9:39 AM #213541
  Zigo

  Here the picture

  

  Zigo

  Participant

  Topics: 24

  Replies: 343

  Been thanked: 63 times
• Author
  Posts