Drawtext useful LineBreak?

marlow2017 · 2023-03-30T15:27:44+00:00

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 ‘ ‘ works. The effect is that the vertical centre is where the relative position is set, so that the code for example IF Flag[1]=1 AND Flag=0 THEN DRAWTEXT("§ . .", 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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03/30/2023 at 4:27 PM #212567 quote
marlow2017
Participant

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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
```
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?

Nicolas and JS thanked this post
03/30/2023 at 4:34 PM #212571 quote
robertogozzi
Moderator

Legend
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
```
marlow2017 thanked this post
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