Cycle lines

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  • #90359 quote
    air
    Participant
    Average

    Good day all,

    Congratulation for the excellent forums.

    I have been searching for an indicator that draws vertical cycle lines on charts (like metatrader), but apparently can not find it.  It should be able to drag time (distance) from a low (high) to the next and then project the same distance into the future.  Any kind suggestion is mostly welcome.

    Thank you.

    Best

    #90373 quote
    Nicolas
    Keymaster
    Master

    You can do that with the Fibonacci arc tool, it is not the case in the attached picture, but you can change its setting to plot the future arcs of the same period: 100%, 200%, 300%, etc..

    Hope it helps.

    cycle-fibonacci-arc.jpg cycle-fibonacci-arc.jpg
    #90416 quote
    air
    Participant
    Average

    Good day Nicolas,

    Thank you for your kind answer.

    Yes, this is a way to have some timely target points.

    However, what I was looking for was the cycle lines shown in the enclosed pics of usdjpy (meta)

    Thank you again for your help.

    air

    USDJPYDaily.png USDJPYDaily.png
    #90436 quote
    Nicolas
    Keymaster
    Master

    If you want to get vertical lines, use the “fibonacci time zones” tool of the platform and change the retracement percent to the one desired (multiple of 100%).

    This is the best solution as we can’t plot in the future of the chart with codes.

    #90437 quote
    air
    Participant
    Average

    Thank you, Nicolas.

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Cycle lines


ProBuilder: Indicators & Custom Tools

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air @air Participant
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This topic contains 4 replies,
has 2 voices, and was last updated by air
7 years ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 02/03/2019
Status: Active
Attachments: 2 files
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