Changing background color to show new Day High – 2-Day High

Finally getting around to working this out. This sounds like a pretty simple request but the code requires several complex elements to get the details straight. I added a special touch just to see if I could do it. Which is to have the text in the custom column change to display which condition is present. Here is the code, attached screenshot shows how it looks.

input price = close;
def newDay = GetDay() != GetDay()[1];
def currentDay = GetDay() == GetLastDay();
rec dailyHigh = if newDay then high else if high > dailyHigh[1] then high else dailyHigh[1];
rec priorDailyHigh = if newDay and currentDay then dailyHigh[1] else priorDailyHigh[1];
def currentDailyHigh = if newDay then high else dailyHigh[1];
def newDailyHigh = price < priorDailyHigh and price > currentDailyHigh;
def newTwoDayHigh = if currentDay then price > priorDailyHigh and price > currentDailyHigh else 0;
def text = {default "Daily High", "Two Day High", "n/a"};
text = if newDailyHigh then text."Daily High" else if newTwoDayHigh then text."Two Day High" else text."n/a";
AddLabel(yes, if newDailyHigh == 1 then "DailyHigh" else if newTwoDayHigh then "2DayHigh" else "n/a", Color.BLACK);
AssignBackgroundColor(if newDailyHigh then Color.Blue else if newTwoDayHigh then Color.CYAN else Color.BLACK);

I just copied & pasted the code into one of the 19 custom indicators. I then placed that indicator into a watchlist. No matter what I do so far, all that comes up is “everything is showing black; no new daily high, and no new 2-day high”. Can you help me find what I’m doing wrong, or why this isn’t working. Thanks.

Hi Pete thanks for your codes it has been very useful.

I want to know if you can create a code to add background color on the w/l that indicates new high of intraday from previous lows intraday (1min chart) for spotting a shift in momentum heading towards new high of day from opening bell dips.

Picture included marks previous lows followed by new highs

I’m going to donate If such a code exists and works as expected.  Thanks in advance.