Drawtext useful LineBreak?

• 03/30/2023 at 4:27 PM #212567
  marlow2017

  I have often found that placing DRAW elements a set distance away from the candle to be difficult to manage, as the ATR*n even when small, can make a huge difference due to the differing volatilities/price-levels on various instruments.

  Goodness knows why, but I found that in the DRAWTEXT element, the HTML code ‘ <br> ‘ works.

  The effect is that the vertical centre is where the relative position is set, so that the code for example

  text with line breaks

  IF Flag[1]=1 AND Flag=0 THEN DRAWTEXT("§<br>.<br>.", barindex, high) ENDIF

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  IF Flag[1]=1 AND Flag=0 THEN DRAWTEXT("§<br>.<br>.", barindex, high) ENDIF

  keeps the text ‘ § ‘ at a reasonably relative position to the candle.

  I mention this a I haven’t seen it mentioned elsewhere, and may be of some use to others?

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  JS, Nicolas

  

  marlow2017

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  03/30/2023 at 4:34 PM #212571
  robertogozzi

  You can also use an average of the past N bars’ range as an offset:

  Offset = average[200,0](range) IF Flag[1]=1 AND Flag=0 THEN DRAWTEXT("§", barindex, high + Offset) ENDIF

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  Offset = average[200,0](range) IF Flag[1]=1 AND Flag=0 THEN    DRAWTEXT("§", barindex, high + Offset) ENDIF

   

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  marlow2017

  

  robertogozzi

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