|
eSignal Study: Outputs lines showing the high and low of the day, week, and month as these levels can often provide support or resistance (double top/bottom). It is also useful when the high or low of the day is off the chart and you don't realize that you are making a new high or low. If two of these levels overlap, it is smart enough to consolidate the label.
Be aware, for stocks and ETFs, this script does not include pre-market movement in determining the high and low. This is due to how eSignal handles the high and low and not an explicit choice of the study's author.
As with all our tools, this one is highly customizable, from the colors, to turning labels on or off, to how the labels are displayed.
If you have any issues with the script reporting incorrect values, try pulling up a daily chart for the instrument you are having issues with. This makes sure eSignal has the necessary data loaded. Afterwards, you can return to the time frame you were originally using. Unfortunately, this script relies on eSignal telling it the correct information, so the only solution is to make sure eSignal loads the data properly as described.
IMPORTANT: This script reports back what eSignal shows as the range of the current day. If the script is showing obviously incorrect levels, open the current symbol in a daily chart to make sure that eSignal loads all the necessary data. When you return to your previous intra-day interval, it should show the correct values.
IMPORTANT: This script requires the neoLibrary.efsLib. You can download it here (free).
|