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Showing results for tags 'brakeout'.
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Hi all. I want to create a continuous scanner for the breakout of the previous 1min candle low In TD Ameritrade ThinkorSwim i have created this: #Wizard text: Current bar's #Wizard input: price1 #Wizard text: gaps #Wizard input: percentage #Wizard text: % or more above the previous #Wizard input: price2 input price1 = close; input percentage = 2.0; input price2 = low; def x = 1 + percentage / 100; def term = x * price2[1]; plot scan = price1 > term; In Medved Trader i have tried: public void MainCalculation() { if (Close > Low[1]*1.02) { SetColorAndShape("Brakeout", PBShape.ArrowNE, 0xFF00C50C); TriggerAlert("Brakeout"); SetScanResult("Brakeout"); return; } It does not seem to work because i need to create a variable X , where X = Low[1] * 1.02 // >2% procent of the previous 1min candle low // The problem is that it does not let me define this variable Therefore after it will be simple as i can do if(Close > X) {....}
