Analysis Techniques & Strategies

$image\insert_showme.gif$ Custom ShowMe (ShowMe)

$image\custom_showme_sm.gif$

Input Information

Name	Expression	Default	Description
Criteria	True/False	High < High[1] and Low > Low[1]	Any custom true/false criteria.
PlotPrice	Numeric	Close	The bar value at which the ShowMe marker is to be plotted.
AlertMessage	String	""	Custom text to be displayed when alerts are triggered.

Description

Custom ShowMe marks the close of any bar where the expression Criteria is true. Using the default values Custom ShowMe marks any bar whose High is less than the High of the previous bar and whose Low is greater than the Low of the previous bar (inside bars).

You may customize this ShowMe to test your own ideas as well as search for specific conditions by substituting your own true/false criteria for the default expression. For example, if you wanted to mark any bar whose RSI based on the closing prices of the last 14 bars was greater than 70, you substitute RSI(Close,14) > 70 for the default Criteria expression of (High>High[1] and Low<Low[1]).

Related Functions

None