OPEN-SOURCE SCRIPT

High-Low of X Bar

Overview
  • The High-Low of X Bar indicator allows traders to visualize historical high and low values from a specific number of bars ago directly on the chart.
  • Provides insight into past price action by displaying high, low, and their difference at the most recent bar.
  • Customizable inputs and color settings for labels enhance usability and visual integration with your chart.


Key Features
  • Historical Data Analysis: Displays the high, low, and the difference between these values from a specified number of bars ago.
  • Customizable Inputs: Set the number of bars ago to review historical price points, with a range from 1 to 2000 bars. Premium users can exceed this range.
  • Dynamic Labeling: Option to show high, low, and difference values as labels on the chart, with customizable text and background colors.
  • Color Customization: Customize label colors for high, low, and difference values, as well as for cases with insufficient bars.


Inputs
  • Number of Bars Ago: Enter the number of bars back from the current bar to analyze historical high and low values.
  • Show High Value: Toggle to display the historical high value.
  • Show Low Value: Toggle to display the historical low value.
  • Show Difference Value: Toggle to display the difference between high and low values.


Color Settings
  • High Label Background Color: Set the background color of the high value label.
  • High Label Text Color: Choose the text color for the high value label.
  • Low Label Background Color: Set the background color of the low value label.
  • Low Label Text Color: Choose the text color for the low value label.
  • Difference Label Background Color: Set the background color of the difference label.
  • Difference Label Text Color: Choose the text color for the difference label.
  • Not Enough Bars Label Background Color: Set the background color for the label shown when there are insufficient bars.
  • Not Enough Bars Label Text Color: Choose the text color for the insufficient bars label.


Usage Instructions
  • Add to Chart: Apply the High-Low of X Bar indicator to your TradingView chart.
  • Configure Settings: Adjust the number of bars ago and display options according to your analysis needs.
  • Customize Appearance: Set the colors for the labels to match your chart's style.
  • Analyze: Review the high, low, and their difference directly on your chart for immediate insights into past price movements.


Notes
  • Ensure your chart has sufficient historical data for the indicator to function properly.
  • Customize label visibility and colors based on your preference and trading strategy.

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