Green Line Breakout

[Louis]

Hi guys,

Please see the attached picture. I want to write a script that will:
1) Find every time price closes at an all-time high on a monthly chart.
2) Draw a horizontal line from that new all-time high when the 4th bar opens, only if the previous 3 closes were below that all-time high.

thank you

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[Matthew]

Hi,

I’ve done some work on a script that looks to work, at least provide you with the building blocks to edit to do exactly what you’re wanting:

//Set Highest High V1 = HIGHESTHIGH(RANGE=All History); V2 = HIGH()[3] == V1; //Set Close Criteria V3 = CLOSE()[1] < V1 and CLOSE()[2] < V1 and CLOSE()[3] < V1 ; V4 = V2 and V3; //Plot High once criteria met V5 = NONZERO(IF(V4 == 1,V1,0)); V5

1 2 3 4 5 6 7 8 9 10 11

//Set Highest High V1 = HIGHESTHIGH(RANGE=All History); V2 = HIGH()[3] == V1; //Set Close Criteria V3 = CLOSE()[1] < V1 and CLOSE()[2] < V1 and CLOSE()[3] < V1 ; V4 = V2 and V3; //Plot High once criteria met V5 = NONZERO(IF(V4 == 1,V1,0)); V5

It does not draw the line from the trigger high, it waits for the criteria to occur.

We do not have a function that plots a HL to the end and keeps it there as new values are formed, it’s a single line that moves as a new value is triggered.

• This reply was modified 6 months ago by Matthew.

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