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Posted

On the wishingwealth blog the guy there has created some simple indicators and one he calls the Green Line Brekaout (GLB).    Essentially he draws a horizontal green line on a chart where a stock has hit a new high then pulled back for at least 3 months and is under that high; then he enters on a break of that line (at least in some cases).

It's drawing a line at all time highs but only if the high was > 90 days ago.   Is there a way to draw that horizontal line. 

Thanks

Posted

This is for a historical chart, right?

StateFIFOQueue Highs;
Double AllTimeHigh = 0;

public void MainCalculation()
{
    AllTimeHigh = Math.Max(AllTimeHigh,High);
    Highs.Add(High);
    Double H,L;
    Highs.GetHighLow(out H, out L);
    SetColor("Line Color",  Color.Green);
    if (H == AllTimeHigh)
        SetYValue(H);
    else
        SetYValue(YSkipValue);
}

/// <summary>
/// Is called at start of paintbar calculation, should be used to initialize anything needed for the paintbar
/// </summary>
private void PaintbarInitialize()
{
    Highs = new StateFIFOQueue(90);
}

/// <summary>
/// Is called at start of paintbar calculation, should be used to clear the paintbar state
/// </summary>
private void PaintbarClearState()
{
    Highs.Clear();
}

/// <summary>
/// Saves paintbar state (called internally).
/// </summary>
private void PaintbarSaveState()
{
    Highs.SaveState();
}

/// <summary>
/// Restores paintbar state (called internally).
/// </summary>
private void PaintbarRestoreState()
{
    Highs.RestoreState();
}


 

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