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Date/Time: Sat, 04 May 2024 10:28:15 +0000



Post From: Chart indicator/study query

[2019-01-02 13:05:33]
User837624 - Posts: 16
Hi,

I wonder if there already is an indicator or study that could achieve this functionality - I did look through the list of indicators but could not find a good match.
I would like to colour a bar/candle as soon as it goes lower than a previous Low swing point. (Not just a previous bar - that's not useful). The point is that quite often a bar would come very close to the previous swing Low/High and then reverse. The difference could be a tick or two and not immediately clear whether the previous swing point was taken out or not.

Here is a chart snippet indicating the desired functionality: http://www.sierrachart.com/image.php?Image=1546433925858.png


And a similar functionality for "current bar/candle going above the previous swing high".

Maybe there is something that does this already; maybe this is something I could put together from existing parts or maybe this is something you could add in upcoming versions of Sierra? I need something that is quick/easy to use on a fast moving chart. Drawing a line and setting up an "alert" on that line requires too many clicks.

Thank you,
Andrei