Description:
Non-price study of $TICK that draws the Close as a line and colors the bar’s background color red as the Close of $TICK exceeds the upper or lower extreme parameters.
Formula Parameters:
nTickHigh: Default is 1000
nTickLow: Default is –1000
Notes:
This formula is basically the same as TickExtremes.efs but is intended to be used on Daily, Weekly and Monthly intervals. It will work on intra-day intervals as well. If you want to see high and low bars, use TickExtremes.efs.
Download File:
TickExtremesDaily.efs
EFS Code:
PHP Code:
/*********************************
Provided By : eSignal. (c) Copyright 2003
*********************************/
function preMain() {
setStudyTitle(" Tick Extremes Daily");
setCursorLabelName("TICK Close", 0);
setDefaultBarFgColor(Color.blue, 0);
setStudyMax(1500);
setStudyMin(-1500);
}
var vColor = Color.blue;
var vLoaded = false;
function main(nTickHigh, nTickLow) {
if (nTickHigh == null) nTickHigh = 1000;
if (nTickLow == null) nTickLow = -1000;
if (vLoaded == false) {
addBand(nTickHigh, PS_SOLID, 1, Color.yellow, "top");
addBand(nTickLow, PS_SOLID, 1, Color.yellow, "bottom");
vLoaded = true;
}
var c = close(0, 1, "$tick")*1;
if (c == null) return;
if (getBarState() == BARSTATE_NEWBAR) {
vColor = Color.blue;
}
if (c > nTickHigh) {
setBarBgColor(Color.red);
}
if (c < nTickLow) {
setBarBgColor(Color.red);
}
return c;
}