Reputation: 13
I am using pine-script to plot the distance from the open to daily Average True Range on an intraday chart. However, when i use an intraday chart the value for atr is not calculated with daily values
d_open = security(tickerid, "D", open)
atr_l1 = d_open - vatr
atrLow =plot(title='atr_l1', series=atr_l1, style=circles, color=lime)
This code plots the ATR based on selected time frame
I would like to access the daily ATR regardless to selected timeframe
dayAtr10() => atr(10)
dailyAtr = security(tickerid, "D", dayAtr10())
Thanks for any tips
Upvotes: 1
Views: 929
Reputation: 8779
You need to pass all daily calculations to the security()
call, and use security()
in a way that will not repaint. See the PineCoders How to avoid repainting when using security() - PineCoders FAQ indicator for an explanation on how to use security()
while avoiding repainting.
This script shows both repainting and non-repainting methods of using security()
. If you leave it on a chart for a while, you will see the discrepancies between both.
//@version=3
study("", "", true)
atrGap = open - atr(10)
d_openGap = security(tickerid, "D", atrGap)
plot(d_openGap, "d_openGap", red)
d_openGapNoRepaint = security(tickerid, "D", atrGap[1], lookahead = barmerge.lookahead_on)
plot(d_openGapNoRepaint, "d_openGap", green)
Upvotes: 1