Hello and good day, I have a trendline formula that I use as an intraday resistance trendline, it produces a positively sloped trendline. I would like to use this code to scan daily bars to find the lowest low bar over a 50 day period. This lowest low bar will then produce a daily resistance trendline as opposed to an intraday resistance trendline. I have not been able to figure out how to modify the start and endbars to do this. Any suggestions would be greatly appreciated.
Thank you, Kind regards Geary here is the present code: SetBarsRequired(99999,99999); x = BarIndex()+1; xx = DateNum()!=Ref(DateNum(),-1); startbar = LastValue(ValueWhen(xx, x, 1)-2); // Yesterday's end bar 4:00 endBar = LastValue(ValueWhen(xx, x, 1)-1); // todays start bar 9:30 sb=IIf(O>C,C,O); //startbar origin the lower of the open or close OCabsval= abs(O-C); //absolute value of the (O-C) = the rise O = sb; //startbar price startOC = OCabsval [startBar]; //absolute value of the(O-C) of start bar startO = O [startBar]; //Open of start bar endOC = startO [endBar]+ startOC ; //endbar higher by absolute value of the(O-C) of the start bar trendLine = LineArray(startBar, startO, endBar, endOC,3); Plot( trendline, "Trendline 1bar rise/run", colorRed, styleNoRescale | styleDots );
