HTF High / Low Indicator
This simple script draws higher-timeframe price data to your chart. You can set which timeframe to draw, and the script will render the high/low for that timeframe.
You can also set it to color the zones between the higher-timeframe closes and highs/lows.
How It Works
You set the HTF resolution to scan, the lookback period to use and then the script draws the relevant information to your chart.
The upper line is the high of the previous higher-timeframe candle, and the lower line is the low of the previous higher-timeframe candle.
Settings

Timeframe:
This sets the timeframe resolution to analyze.
Offset:
(This option was removed on 29th April, 2020 due to being unnecessary).
Paint Wick Zone?
If enabled then this setting will make the script paint the zone between the highest candle close and the highest high and the lowest candle low and lowest close for the given timeframe.
Source Code
// Created by Matthew J. Slabosz // www.zenandtheartoftrading.com // Last Updated: 9th October, 2020 // @version=4 study("HTF High/Low", overlay=true) // Get input res = input(title="Timeframe", type=input.resolution, defval="D") paint = input(title="Paint Wick Zone?", type=input.bool, defval=false) // Create non-repainting security function rp_security(_symbol, _res, _src) => security(_symbol, _res, _src[barstate.isrealtime ? 1 : 0]) // Get HTF price data htfHigh = rp_security(syminfo.tickerid, res, high) htfLow = rp_security(syminfo.tickerid, res, low) htfOpen = rp_security(syminfo.tickerid, res, open) htfClose = rp_security(syminfo.tickerid, res, close) // Plot data to chart r1 = plot(htfHigh, color=color.red, title="HTF High") s1 = plot(htfLow, color=color.blue, title="HTF Low") // Fill wick zone r2 = plot(paint ? htfOpen > htfClose ? htfOpen : htfClose : na, color=na, transp=100) s2 = plot(paint ? htfOpen < htfClose ? htfOpen : htfClose : na, color=na, transp=100) fill(r1, r2, color=color.red, transp=50, title="HTF High Zone") fill(s1, s2, color=color.blue, transp=50, title="HTF Low Zone") // Trigger alerts longAlert = close > htfHigh shortAlert = close < htfLow alertcondition(longAlert or shortAlert, title="HTF Breakout Alert", message="Breakout alert for {{ticker}}")
Last Updated: 9th October, 2020
You’re doing an awesome job making all these indicators. Just wanted to say thanks!!
Thanks heaps! I appreciate the kind words :)