High/Low band [upd Jun 28]

[Nikolay.Gekht]

Update, Jun 28, ng: Now it's possible to shift the indicator one period right, so, for example, it will show yesterdays rather than today's high/low.

The very simple indicator, which shows high and low lines of the specified timeframe, a day by default.

Can be used as an example of the indicator which uses the data of other timeframe.

Download the indicator:

hl1.lua

(8.21 KiB) Downloaded 3900 times

The indicator was revised and updated

See also a version which can show O/C prices here: viewtopic.php?f=17&t=607&p=2933#p2933

[barbs666]

Hi,

thanks for this indicator, I noticed a possible error? I use this on 60 min chart but used the indicator on the Weekly setting. This is what I saw on occasion (attached chart via link).
http://yfrog.com/2rpicqqj

Just wanted to also know about the settings on marketscope time scale (UTC, server, financial time?) which one is best....

[barbs666]

sorry for got to finish message b4 i submitted....

So as for the image above you can see that the new week started and the hi/lo bands completely missed the low of that week.

[Nikolay.Gekht]

Thank you for the reporting. I'll check the indicator and the server data, probably it's a glitch in the source data.

[barbs666]

Hi,

just wondering if this has been updated/checked for the error?

Thanks

[Nikolay.Gekht]

There was the source data problem. I reported the problem to the server price team. Unfortunately, I don't manage them, so fixing of the such problems is completely out of my hands.

[barbs666]

Thanks mate,

ok cool, I assume when there done (hopefully soon) you will post a message here?

cheers

[Nikolay.Gekht]

I rechecked, so it looks like fixed. Unfortunately, it does not mean that all data is fixed, so, please, do not hesitate to report any other wrong data. I'll do all my best to force server team to fix the data asap.

[barbs666]

Ok Thanks Nikolay!

so I assume there is no need to download the indicator again?....... cheers

[Nikolay.Gekht]

Yes, you do not need to reload or reinstall the indicator. This was the problem with data.
The high/low band is just a good tool for finding historical price discrepancies.