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pphamz
Posted : Wednesday, May 11, 2011 5:13:10 PM
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Joined: 8/11/2010
Posts: 5
 I would to know if it is possible to draw boxes around the daily bars in group of five bars using the lowest and highest price in the last 5 bars? This would allow us to see the weekly bar movements on top of the daily bar. Thanks for your help.
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StockGuy
Posted : Wednesday, May 11, 2011 5:19:34 PM

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Joined: 9/30/2004
Posts: 9,187

Add Donchian Channels to price and set the period to 5 and the offset to 0.  Doesn't draw boxes but doesn't plot the max high and min low of the last 5 bars.
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pphamz
Posted : Monday, May 16, 2011 5:28:27 PM
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Joined: 8/11/2010
Posts: 5
 The Donchian Channels indicator is not sufficient for me. Is there a way for me to create a custom indicator that would draw boxes around daily bars?
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StockGuy
Posted : Monday, May 16, 2011 5:31:04 PM

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Joined: 9/30/2004
Posts: 9,187
 No, there isn't a way to use a custom formula to draw boxes around the bars.
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