No of times Price closed inside Initial balance

This topic has 7 replies, 3 voices, and was last updated 3 weeks ago by robertogozzi.

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11/22/2024 at 12:34 PM #240648

oyinloyea

Is it possible to create an indicator that will let me know the number of times price close inside initial balance for a particlar period of time (ie Year , Month)?

oyinloyea

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11/22/2024 at 12:56 PM #240651

robertogozzi

What is an initial balance?

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oyinloyea

robertogozzi

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11/22/2024 at 5:12 PM #240665

oyinloyea

Trading time between 8am and 9am. Thanks

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11/25/2024 at 7:32 AM #240709

robertogozzi

Say the price from 080000 to 090000, today, sits in the range 19000 – 19100, do you want to know how many times, in the past days, months, years, that price range sat in that same time interval?

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oyinloyea

robertogozzi

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11/25/2024 at 9:56 AM #240710

oyinloyea

Yess Please. Thanks

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11/25/2024 at 5:01 PM #240722

Iván

Hi, I don't know if this is useful for you. The indicator shows the number of candles in which the price has moved between 2 levels and at certain times.

starttime=080000
endtime=090000

minlevel=20000
maxlevel=21000

if opentime>=starttime and opentime<=endtime then
n=n+1
if close>=minlevel and close<=maxlevel then
m=m+1
endif
endif

return m

starttime=080000

endtime=090000

minlevel=20000

maxlevel=21000

if opentime>=starttime and opentime<=endtime then

n=n+1

if close>=minlevel and close<=maxlevel then

m=m+1

endif

return m

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oyinloyea

Iván

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11/25/2024 at 7:14 PM #240734

robertogozzi

Try this one:

DEFPARAM DrawOnLastBarOnly = true
ONCE FromDate = 20240901   //from Sep.  1st, 2024
ONCE ToDate   = 20241125   //to   Nov. 25th, 2024
//
ONCE FromTime = 080000     //from 8am  (candle opening at 8am)
ONCE ToTime   = 090000     //to   9am  (candle opening at 9am)
//
ONCE Tally    = 0
//
IF (OpenTime >= FromTime) AND (OpenTime <= ToTime) THEN
   IF (OpenTime = FromTime) OR ((OpenTime > FromTime) AND (OpenTime[1] < FromTime)) OR ((OpenTime > FromTime) AND (IntraDayBarIndex = 0)) THEN
      HH   = High
      LL   = low
      Flag = 0
   ENDIF
   HH = max(HH,high)
   LL = min(LL,low)
ENDIF
IF Flag  = 0 AND (OpenTime >= ToTime) THEN
   Flag  = 1
   Tally = 0
   FOR i = (BarIndex - 1) DownTo 0
      IF (OpenDate[i] >= FromDate) AND (OpenDate[i] <= ToDate) THEN
         IF (OpenTime[i] >= FromTime) AND (OpenTime[i] <= ToTime) THEN
            IF (OpenTime[i] = FromTime) OR ((OpenTime[i] > FromTime) AND (OpenTime[i + 1] < FromTime)) OR ((OpenTime[i] > FromTime) AND (IntraDayBarIndex[i] = 0)) THEN
               HHx   = High[i]
               LLx   = low[i]
               Flagx = 0
            ENDIF
            HHx = max(HHx,high[i])
            LLx = min(LLx,low[i])
         ENDIF
         IF Flagx = 0 AND (OpenTime[i] >= ToTime) THEN
            Flagx = 1
            IF (HHx <= HH) AND (LLx >= LL) THEN
               Tally = Tally + 1
            ENDIF
         ENDIF
      ENDIF
   NEXT
ENDIF
DrawText("#Tally# occurrences",BarIndex+10,high+range,Dialog,Bold,10) coloured("Green")
RETURN

DEFPARAM DrawOnLastBarOnly = true

ONCE FromDate = 20240901 //from Sep. 1st, 2024

ONCE ToDate = 20241125 //to Nov. 25th, 2024

ONCE FromTime = 080000 //from 8am (candle opening at 8am)

ONCE ToTime = 090000 //to 9am (candle opening at 9am)

ONCE Tally = 0

IF (OpenTime >= FromTime) AND (OpenTime <= ToTime) THEN

IF (OpenTime = FromTime) OR ((OpenTime > FromTime) AND (OpenTime[1] < FromTime)) OR ((OpenTime > FromTime) AND (IntraDayBarIndex = 0)) THEN

HH = High

LL = low

Flag = 0

ENDIF

HH = max(HH,high)

LL = min(LL,low)

ENDIF

IF Flag = 0 AND (OpenTime >= ToTime) THEN

Flag = 1

Tally = 0

FOR i = (BarIndex - 1) DownTo 0

IF (OpenDate[i] >= FromDate) AND (OpenDate[i] <= ToDate) THEN

IF (OpenTime[i] >= FromTime) AND (OpenTime[i] <= ToTime) THEN

IF (OpenTime[i] = FromTime) OR ((OpenTime[i] > FromTime) AND (OpenTime[i + 1] < FromTime)) OR ((OpenTime[i] > FromTime) AND (IntraDayBarIndex[i] = 0)) THEN

HHx = High[i]

LLx = low[i]

Flagx = 0

ENDIF

HHx = max(HHx,high[i])

LLx = min(LLx,low[i])

ENDIF

IF Flagx = 0 AND (OpenTime[i] >= ToTime) THEN

Flagx = 1

IF (HHx <= HH) AND (LLx >= LL) THEN

Tally = Tally + 1

ENDIF

DrawText("#Tally# occurrences",BarIndex+10,high+range,Dialog,Bold,10) coloured("Green")

RETURN

You can choose the DATE range (a few days, up to several years) and the TIME range.

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oyinloyea,

Iván

robertogozzi

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11/25/2024 at 7:18 PM #240736

robertogozzi

I am attaching the ITF file.

robertogozzi

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