Support Board
Date/Time: Sat, 28 Jun 2025 15:55:50 +0000
Auto Draw Price retracements on a candle using the low & high of the body
View Count: 879
[2021-08-15 03:21:36] |
User485461 - Posts: 9 |
Hi, I wanted to write a new custom study, which will auto draws price retracement on every candle by considering the low & high of the body. I dont want to use low & high of the wicks. I wanted to use only the body of the candle. What's the function available to code based on the candle. Appreciate if you can help with the documentation part or any examples. Thanks Mohan |
[2021-08-16 15:57:16] |
John - SC Support - Posts: 40645 |
Just keep in mind that the body of a candlestick bar is showing the Open and Close of the bar.
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[2021-08-16 19:01:54] |
User90125 - Posts: 715 |
Look for the Auto Retracement Projection study and customize it to do exactly what you're looking for.
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[2021-08-23 12:50:33] |
User485461 - Posts: 9 |
Thanks everyone for the replies Auto retracement function, gives option to draw lines from the low / high / automatic options. As @john Suggested, i need to look for open & close of the bar to draw a retracement line. @John any pointers on specific function in the SC that I can try to auto draw a specific % retracement using the open & close of the candle. |
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