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Hi - could anyone code an indicator which either paints the bar a different colour or shows an arrow if the bar closes within x% of high or low.
eg:
if bar closes in top 33% (top third) show up arrow or paint bar colour or
if bar closes in bottom 33% (bottom third) show down arrow or paint bar colour
If anyone could do that I can discuss possible strategies for use
This may be what you are looking for, it tells if the close is of x percent from high or low, for example if the close is grater than %60 for the standard setting then the indicator puts an arrow to say that it is a strong day.
Request for new indicator
Linear Mode
