Price spike histogram bars showing multiple of ATR

• 08/27/2022 at 4:24 AM #199698
  jwh145

  Hi,

  I am looking for an histogram indicator which provides bars when price moves by a multiple of its average true range over a certain number of days ie if the average true range is 5c and there is a current price range of 10c in the last 10 days then a spike bar will appear.

  Any assistance would be appreciated.

  Jonathan

  

  jwh145

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  08/27/2022 at 9:28 AM #199701
  JS

  xSpike

  ATR = AverageTrueRange[n](Close) xSpike = (Range / ATR) //If xSpike < 2 then //xSpike = 0 //EndIf Return xSpike style (Histogram) as "xSpike"

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  ATR = AverageTrueRange[n](Close)   xSpike = (Range / ATR)   //If xSpike < 2 then //xSpike = 0 //EndIf   Return xSpike style (Histogram) as "xSpike"

  Hi @jwh145

  I used the “Range” here divided by the “ATR”.

  You can have this drawn in a histogram and if you only want to have a ratio greater than, for example, two than:

  xSpike = Range / ATR

  If Range/ATR < 2 then

  xSpike = 0

  EndIf

   

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  Nicolas, jwh145

  

  JS

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  08/28/2022 at 11:39 AM #199732
  jwh145

  Hi JS,

  Thanks for your help on this, much appreciated.

  Do you know if there is a way to color the bar say RED if it was lower close than open and Green if higher close than open?

  Cheers

  Jono

  

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  08/28/2022 at 1:40 PM #199749
  JS

  xSpike Coloured

  ONCE n = 10 ATR = AverageTrueRange[n](Close) xSpike = (Range / ATR) If xSpike < 2 then xSpike = 0 EndIf If Close < Open then R=255 G=0 B=0 else R=0 G=255 B=0 EndIf Return xSpike Coloured (R,G,B) style (Histogram) as "xSpike"

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  ONCE n = 10   ATR = AverageTrueRange[n](Close)   xSpike = (Range / ATR)   If xSpike < 2 then xSpike = 0 EndIf   If Close < Open then R=255 G=0 B=0 else R=0 G=255 B=0 EndIf   Return xSpike Coloured (R,G,B) style (Histogram) as "xSpike"

  

  JS

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  08/29/2022 at 11:25 AM #199784
  jwh145

  Thanks JS!

  

  jwh145

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  09/06/2022 at 9:34 AM #200227
  jwh145

  Hi JS,

  Do you happen to have or could provide code that screens for tickers up or down a certain % over a lookback period, eg up 25% over last 20 days?

  I can’t seem to see any screeners like this in the library.

  Jono

  

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  09/06/2022 at 3:58 PM #200247
  JS

  25% Gain in 20 Days

  xPeriod = 20 //20 days xGain = 25 //25% Signal = 0 If (Close - Close[xPeriod])/Close[xPeriod]*100 >= xGain then Signal = 1 EndIf SCREENER[Signal](Signal as "1 = LONG")

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  xPeriod = 20 //20 days xGain = 25 //25% Signal = 0 If (Close - Close[xPeriod])/Close[xPeriod]*100 >= xGain then Signal = 1 EndIf SCREENER[Signal](Signal as "1 = LONG")

  Hi @jwh145

  Try this one…

   

  

  JS

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  09/07/2022 at 4:37 AM #200255
  jwh145

  Thanks JS, works well 🙂

  1 user thanked author for this post.

  JS

  

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