Dynamic High/Low Band Overlay

[JUPA84]

Hello to all,

I have been using marketscope for a while and i would like to know if you could help me in converting an old indicator of mine into .lua coding for marketscope. In Pro Real Time I had created it as such:

High Peak = ((highest[Y](High))*X - (lowest[Y](Low))*X)+lowest[Y](low)

Low Peak = highest[Y](high)- ((highest[Y](High))*X-(lowest[Y](Low))*X)

Basically i created the two bands (overlayed on the price chart) to show me different highs/lows from Y periods back, reduced by a certain number (X) which goes from 0 to 1 in incremental steps of 0.001. For example, I liked to use 14 as Y and 0.7071 as X but would prefer to be able to choose which values to insert.

Can this be created for Marketscope?

Thank you.

Justin

[Apprentice]

Added to developmentl cue.

[JUPA84]

Thank you very much, i hope everyone enjoys this indicator! I really appreciate the help!

Cheers,

Jupa

[Apprentice]

I tried to translate your formula literally.
This is the result.

Maybe I have put that bracket on wrong place I have to check.

DHLBO.lua

(2.42 KiB) Downloaded 703 times

[Apprentice]

Here is my implementation of your request.

DHLBO.lua

(2.26 KiB) Downloaded 702 times

[JUPA84]

Hi Apprentice,

the first implementation looks like the right one, so now i will check to see if the vales look right.

I'll keep you posted.

BTW, very efficient!

[JUPA84]

Hey Apprentice,

great Job, the first download is perfect!

Both values are adjustable as requested and it works on all instruments.

Cooool !


Jupa