Dynamic horizontal lines around major levels?

• 03/25/2020 at 9:46 AM #123229
  Andy K

  Hi,

  I’m looking for this kind of indicator that would plot two or three major levels to upside and downside of the current price. Please see my screenshot. This is a static indicator that I’ve done but I have now idea how to make it dynamic, for example, if DAX is 9500 then the upper levels would be 9600, 9700 and lower levels would be 9400, 9300. Below is my static code for reference which is used in the chart. “Midpoint” is “price3” variable

  Thank you for any ideas or code samples!

  defparam drawonlastbaronly = true price1 = 10100 price2 = 10000 price3 = 9900 price4 = 9800 price5 = 9700 xoffset=100 DRAWHLINE(price1)coloured(0,200,0) DRAWTEXT("#price1#",barindex-xoffset,price1,SansSerif,Bold,16)coloured(153,153,0) DRAWHLINE(price2)coloured(0,200,0) DRAWTEXT("#price2#",barindex-xoffset,price2,SansSerif,Bold,16)coloured(153,153,0) DRAWHLINE(price3)coloured(0,200,0) DRAWTEXT("#price3#",barindex-xoffset,price3,SansSerif,Bold,16)coloured(153,153,0) DRAWHLINE(price4)coloured(0,200,0) DRAWTEXT("#price4#",barindex-xoffset,price4,SansSerif,Bold,16)coloured(153,153,0) DRAWHLINE(price5)coloured(0,200,0) DRAWTEXT("#price5#",barindex-xoffset,price5,SansSerif,Bold,16)coloured(153,153,0) RETURN

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  defparam drawonlastbaronly = true   price1 = 10100 price2 = 10000 price3 = 9900 price4 = 9800 price5 = 9700   xoffset=100   DRAWHLINE(price1)coloured(0,200,0) DRAWTEXT("#price1#",barindex-xoffset,price1,SansSerif,Bold,16)coloured(153,153,0)   DRAWHLINE(price2)coloured(0,200,0) DRAWTEXT("#price2#",barindex-xoffset,price2,SansSerif,Bold,16)coloured(153,153,0)   DRAWHLINE(price3)coloured(0,200,0) DRAWTEXT("#price3#",barindex-xoffset,price3,SansSerif,Bold,16)coloured(153,153,0)   DRAWHLINE(price4)coloured(0,200,0) DRAWTEXT("#price4#",barindex-xoffset,price4,SansSerif,Bold,16)coloured(153,153,0)   DRAWHLINE(price5)coloured(0,200,0) DRAWTEXT("#price5#",barindex-xoffset,price5,SansSerif,Bold,16)coloured(153,153,0)   RETURN

   

  

  Andy K

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  03/25/2020 at 10:04 AM #123238
  Nicolas

  I coded that snippet months ago for someone else:

  defparam drawonlastbaronly=true start = 10000 //start price step = 100 //price step quantity = 20 //lines quantity i = start while i< start+(step*quantity) do drawhline(i) i=i+step wend return

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  defparam drawonlastbaronly=true   start = 10000 //start price step = 100 //price step quantity = 20 //lines quantity   i = start while i< start+(step*quantity) do drawhline(i) i=i+step wend   return

  The settings talk for themselves, try to play with it (example attached).

  1 user thanked author for this post.

  Andy K

  

  Nicolas

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  03/25/2020 at 10:15 AM #123245
  Andy K

  That’s actually very nice way to do it. Thank you for this code and very speed response! 🙂

  -Andy

   

  

  Andy K

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  03/27/2020 at 10:19 AM #123560
  Vonasi

  Andy K – I have deleted your unnecessary quoting. Please avoid quoting code. Only quote if you need to highlight that you are replying directly to a part of text someone has written or if there are several people in a conversation and you want to highlight who you are specifically replying to. You can quote just parts of someones post by highlighting it and clicking on ‘Quote’.

  

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