Monthly Inside Bar Breakout Failure

• 07/12/2020 at 7:04 AM #139045
  revstrat

  I have been trying to code a monthly version of the inside bar breakout failure for a while but to no avail. Below is the code I use for Daily and Weekly.

  Inside Bar Breakout Failure

  c1= high[1] < high[2] c2= low[1] > low[2] insidebar = c1 and c2 insidebarbreak = high[0]>high[1] or low[0]<low[1] reversal = close[0]<high[1] and close[0]>low[1] insidebarfailure = insidebar and insidebarbreak and reversal screener[insidebarfailure]

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  c1= high[1] < high[2] c2= low[1] > low[2] insidebar = c1 and c2 insidebarbreak = high[0]>high[1] or low[0]<low[1] reversal = close[0]<high[1] and close[0]>low[1]   insidebarfailure = insidebar and insidebarbreak and reversal   screener[insidebarfailure]

  This is my attempt at the monthly

  Attempt at monthly inside bar breakout failure screen

  ////CURRENT MONTH Open & Close//// If Month<>Month[1] then MCOpen = Open[0] endif MCClose = Close[0] ////CURRENT MONTH High & Low//// //unsure and stuck here ////PREVIOUS MONTH Open & Close//// If Month<>Month[1] then MCOpen = Open[1] endif MCClose = Close[1] ////PREVIOUS MONTH High & Low//// If Month<>Month[1] and barindex>20 then MPHigh = Highest[BarIndex - lastMonthBarIndex](High)[1] MPLow = Lowest[BarIndex - lastMonthBarIndex](Low)[1] lastMonthBarIndex = BarIndex ENDIF

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  ////CURRENT MONTH Open & Close//// If Month<>Month[1] then MCOpen = Open[0] endif   MCClose = Close[0]   ////CURRENT MONTH High & Low////   //unsure and stuck here   ////PREVIOUS MONTH Open & Close//// If Month<>Month[1] then MCOpen = Open[1] endif   MCClose = Close[1]   ////PREVIOUS MONTH High & Low//// If Month<>Month[1] and barindex>20 then MPHigh = Highest[BarIndex - lastMonthBarIndex](High)[1] MPLow = Lowest[BarIndex - lastMonthBarIndex](Low)[1] lastMonthBarIndex = BarIndex ENDIF

  As you can see I am stuck trying to get this month’s or the current month’s High and Low. Any suggestions or tips? Thank you.

  

  revstrat

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  07/12/2020 at 11:47 AM #139066
  robertogozzi

  There you go:

  //MONTH OHLC // // If Month<>Month[1] then MCClose = close[1] //close of previous month MCOpen = CurOpen //open of previous month CurOpen = open //open of new month (current month) MPHigh = CurHigh //previous monthly high MPlow = CurLow //previous monthly low CurHigh = high //new monthly high CurLow = low //new monthly low ENDIF CurHigh = max(CurHigh,high) //update High CurLow = min(CurLow,low) //update Low

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  //MONTH OHLC // // If Month<>Month[1] then    MCClose  = close[1]  //close of previous month    MCOpen = CurOpen     //open of previous month    CurOpen = open       //open of new month (current month)    MPHigh = CurHigh     //previous monthly high    MPlow   = CurLow     //previous monthly low    CurHigh = high        //new monthly high    CurLow  = low         //new monthly low ENDIF CurHigh = max(CurHigh,high) //update High CurLow  = min(CurLow,low)   //update Low

   

  

  robertogozzi

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