Breakout(zone, lookback) Tells if the zone has been broken on the current bar. Parameters: zone (Zone): The definitiin of the zone. lookback (int): How many bars to look back. Returns: a Touch object that tells if the zone has been broken up or down.
FalseBreakout(zone, lookback) Tells if the zone has a false breakout on the current bar. Parameters: zone (Zone): The definitiin of the zone. lookback (int): How many bars to look back. Returns: a Touch object that tells if the zone has had a false breakout up or down.
Retest(zone, lookback) Tells if the zone has been retested on the current bar. Parameters: zone (Zone): The definitiin of the zone. lookback (int): How many bars to look back. Returns: a Touch object that tells if the zone has been retested up or down.
Zone Fields: High (series__float) Low (series__float) BaseTime (series__integer)
Touch Fields: Up (series__bool) Down (series__bool)
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Remove zone creation time, not working at the moment.
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Re-add base time creation for the zone, used to stop looking for touches beyond the base creation.
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Fix bug in BaseTime comparing if bar time is higher than that, now checks if it's lower.
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- add 'Length' to 'Touch' type to let the user know how long the touch was
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- A touch is not considered a retest if it reached above/below the zone.
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- Add 'ExtremeIndexBack' to 'Touch' type that is set for false breakouts and retest for the highest/lowest price bar
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- Exit false breakout if a previous false breakout was found
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- Don't exit 'false breakout ' detection if the loop is on the first iteration
Hi! Yes, off course, the touch (retest/breakout/false breakout) can happen before the zone is created. The script uses lookback for check back if previous bars has interacted with it. To avoid checking for bars before the current zone was created this is used. Hope that clears it up, let me know otherwise!
This didn't become a reply, hope you get it @vivekpsingh
vivekpsingh
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Hi Mickes, Could you please help me understand the BaseTime and why it was used and how to set it from calling script ?
This didn't become a reply, hope you get it @vivekpsingh