Candle low or high is same – make line on chart


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Hi,

Is it possible to make study for chart, that will make line on chart if candle low or high is same 1 mint and daily chart.

Example of APPL attached

Thanks,

Harry

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Posted by (Questions: 1, Answers: 1)
Asked on February 27, 2020 5:09 pm
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Sorry but for the Thinkorswim platform it is not possible to create or modify drawing objects. All we have to work with are plots and they behave entirely different than a horizontal line you can draw on a chart. You would need to move to a platform that supports this, such as TradeStation, Sierra Chart or NinjaTrader.

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Posted by (Questions: 37, Answers: 4087)
Answered on February 28, 2020 8:41 am
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if we cannot draw line can we change colour of candle and make alert?
( at February 28, 2020 11:01 am)
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If we attempt to do this, the code will color every single pair of candles where the lows are equal. It will not pick only the ones you have marked on your screenshot. There will be know way for you to know which candles have matching lows because dozens of candles will be painted. Just because your eye can easily spot something important on the chart does not mean a computer can do the same. Human vision is far more advanced than even the most advanced super computer. We cannot do stuff like this with a scripting language. To state this another way, there is far more details involved in picking those two lows on the chart. There is a lot more to this than you can know.
( at February 28, 2020 11:37 am)
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Thx for replying, so if i understand you right system will paint all candles whose lows are equal? if that's the case i was looking for this only, can it be done on different time frame(1 mint 5 mint daily)? how can we do that ? if low of candle = to low of candle in a day then paint white or if high of candle = to high of new candle paint white ....
( at February 28, 2020 1:00 pm)
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I've been trying to tell you this cannot be done. My previous attempts have failed so I will just come right and state this plainly. This cannot be done. Period
( at February 28, 2020 1:59 pm)
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Thanks ... :)
( at February 28, 2020 3:10 pm)