Intraday NR 7

• 09/28/2018 at 11:17 AM #81528
  TB2

  Not sure if I am posting the following question in the correct area, but here goes.

  I have a simple Probuilder Indicator that highlights and paints NR7 bar(s) on Intraday time frames, i.e. 5 minute 10,30, etc. However, my problem comes that by default every opening bar will be NR7 and this causes the bar to print in the NR7 colour chosen say “Pink” but as the bar[0] completes and the range is not going to be a NR7 I am left with a two toned colour bar(s) say pink and green in the event of a higher close to the open . How can I force the indicator to only consider completed bars i.e ignore High – Low [0] bar.

  See code below

  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) IF NRB=NR THEN DRAWCANDLE(open, high, low, close)  coloured (255,102,255) ENDIF RETURN

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  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) IF NRB=NR THEN DRAWCANDLE(open, high, low, close)  coloured (255,102,255) ENDIF RETURN

  Any help would be appreciated.

   

   

  

  TB2

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  09/28/2018 at 12:51 PM #81539
  Vonasi

  Welcome to the forums. Please use the ‘Insert PRT Code’ button when putting code in future posts as it makes it so much easier for others to read. I have tidied up your post for you. 🙂

  

  Vonasi

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  09/28/2018 at 1:56 PM #81545
  Nicolas

  To refer to a closed bar, you should use offset of your variables:

  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) IF NRB[1]=NR[1] THEN DRAWCANDLE(open, high, low, close)  coloured (255,102,255) ENDIF RETURN

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  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) IF NRB[1]=NR[1] THEN DRAWCANDLE(open, high, low, close)  coloured (255,102,255) ENDIF RETURN

  Not tested, but it should only paint Closed bars that met the NR7 pattern.

  

  Nicolas

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  09/28/2018 at 2:33 PM #81548
  Lind3berg

  Im not sure if i understand it right. But try this one. Im far away from  good on this but maybe it wil fix yur problem? 🙂

  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) For i= 8 downto 1 do IF NRB=NR THEN DRAWCANDLE(open, high, low, close) coloured (255,102,255) ENDIF next RETURN

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  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) For i= 8 downto 1 do IF NRB=NR THEN DRAWCANDLE(open, high, low, close)  coloured (255,102,255) ENDIF next RETURN

   

  1 user thanked author for this post.

  Nicolas

  

  Lind3berg

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  09/28/2018 at 3:03 PM #81550
  Nicolas

  Good try @Lind3berg! But you forgot to refer to the right candlestick in your loop 🙂

   

  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) For i= 8 downto 1 do IF NRB[i]=NR[i] THEN DRAWCANDLE(open, high, low, close) coloured (255,102,255) ENDIF next RETURN

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  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) For i= 8 downto 1 do IF NRB[i]=NR[i] THEN DRAWCANDLE(open, high, low, close)  coloured (255,102,255) ENDIF next RETURN

  But this code should also not work because DRAWCANDLE can’t plot candle in the past, you could have used an arrow for example:

  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) For i= 8 downto 1 do IF NRB[i]=NR[i] THEN DRAWARROW(barindex[i],low[i])coloured (255,102,255) ENDIF next RETURN

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  REM Narrow Range Bar Intraday Time Frame(x) NR =High-Low REM NR7 NRB = LOWEST[7](NR) For i= 8 downto 1 do IF NRB[i]=NR[i] THEN     DRAWARROW(barindex[i],low[i])coloured (255,102,255) ENDIF next RETURN

  BTW, none of these codes posted here have been tested by me, so I don’t know if it fulfilled the initial query of the post ❓

  

  Nicolas

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  09/28/2018 at 3:20 PM #81551
  Lind3berg

  Ok! I Think i understand a little bit more now. Thanks for the lesson @Nicolas 🙂

  

  Lind3berg

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  09/28/2018 at 3:56 PM #81557
  robertogozzi

  This can do the trick, just paint the standard colours if not NR7:

  DEFPARAM CalculateOnLastBars = 500 NR =High-Low REM NR7 NRB = LOWEST[7](NR) IF NRB=NR THEN DRAWCANDLE(open, high, low, close) coloured (255,102,255) ELSE if open > close then DRAWCANDLE(open, high, low, close) coloured (0,0,255) //BLUE else DRAWCANDLE(open, high, low, close) coloured (255,0,0) //RED endif ENDIF RETURN

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  DEFPARAM CalculateOnLastBars = 500 NR =High-Low REM NR7 NRB = LOWEST[7](NR) IF NRB=NR THEN    DRAWCANDLE(open, high, low, close)  coloured (255,102,255) ELSE    if open > close then       DRAWCANDLE(open, high, low, close)  coloured (0,0,255)   //BLUE    else       DRAWCANDLE(open, high, low, close)  coloured (255,0,0)   //RED    endif ENDIF RETURN

  Moreover, why do the math (NR=high-low) when you can let PRT do it with RANGE?

  

  robertogozzi

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  09/28/2018 at 4:00 PM #81558
  robertogozzi

  Sorry, just invert colours!

  

  robertogozzi

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  10/01/2018 at 9:45 PM #81704
  TB2

  Thanks for your input Nicolas, unfortunately “IF NRB[1]=NR[1] THEN” seems to highlight both NR7 and non NR7 bars. I tried something similar by including NR =High[1]–Low[1] as a sort of look back once Bar [0] started to print before posting my question resulting in the same mixed result. However, using the  “DrawArrowDown” command works without any issues. So for the moment I will keep with this option until I can try out robertogozzi suggestion.

  Thanks again for reaching out.

   

  Regards

  TB2

   

   

  

  TB2

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