PINE LIBRARY

Touched

Updated
Library "Touched"

Breakout(zone, lookback)
  Tells if the zone has been broken on the current bar.
  Parameters:
    zone (Zone): The definitiin of the zone.
    lookback (int): How many bars to look back.
  Returns: a Touch object that tells if the zone has been broken up or down.

FalseBreakout(zone, lookback)
  Tells if the zone has a false breakout on the current bar.
  Parameters:
    zone (Zone): The definitiin of the zone.
    lookback (int): How many bars to look back.
  Returns: a Touch object that tells if the zone has had a false breakout up or down.

Retest(zone, lookback)
  Tells if the zone has been retested on the current bar.
  Parameters:
    zone (Zone): The definitiin of the zone.
    lookback (int): How many bars to look back.
  Returns: a Touch object that tells if the zone has been retested up or down.

Zone
  Fields:
    High (series__float)
    Low (series__float)
    BaseTime (series__integer)

Touch
  Fields:
    Up (series__bool)
    Down (series__bool)
Release Notes
Remove zone creation time, not working at the moment.
Release Notes
Re-add base time creation for the zone, used to stop looking for touches beyond the base creation.
Release Notes
Fix bug in BaseTime comparing if bar time is higher than that, now checks if it's lower.
Release Notes
- add 'Length' to 'Touch' type to let the user know how long the touch was
Release Notes
- A touch is not considered a retest if it reached above/below the zone.
Release Notes
- Add 'ExtremeIndexBack' to 'Touch' type that is set for false breakouts and retest for the highest/lowest price bar
Release Notes
- Exit false breakout if a previous false breakout was found
Release Notes
- Don't exit 'false breakout ' detection if the loop is on the first iteration
Release Notes
- Fix bug on exiting false breakout to early
breakoutdisplayfalsebreakoutretest

Pine library

In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House rules.

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