Dynamic Price Line Indicators

• 03/07/2016 at 3:06 PM #3488
  scribbles

  Hello

  I am trying to determine if the indicators I require are included as standard, or will require any custom coding.

  I have 2 Price Lines setup on a the main price chart using the standard price line indicators.

  1. Displays previous days close.
  2. Displays current days open.

  What I am after is the option to setup additional price lines, offset from the current day open. ie +.10 , +20, -.10 , -.20, etc.

  I can add these manually to the main chart, but it is time consuming, and it would be ideal to configure these as a dynamic indicator.

  Can anyone advise if this can be done with the standard indicators, I cant seem to find one.

  Many Thanks

  

  scribbles

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  03/07/2016 at 4:14 PM #3490
  Nicolas

  Hello scribbles, welcome on ProRealCode.

  There is no such indicator already included in the platform. If you just want to add plus and minus lines offset from the day open, it is not difficult to add them by code.

  Hold on an hour or two while I finish other hurry duties and I’ll post the indicator for you to understand 🙂

  

  Nicolas

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  03/07/2016 at 4:54 PM #3491
  scribbles

  That will be most helpful, thanks

  

  scribbles

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  03/07/2016 at 5:31 PM #3493
  Nicolas

  Here we go, as simple as it is.

  line1 = 10 line2 = 20 prevclose = DCLOSE(1) currentopen = DOPEN(0) plusline1 = currentopen + line1*pipsize plusline2 = currentopen + line2*pipsize minusline1 = currentopen - line1*pipsize minusline2 = currentopen - line2*pipsize RETURN prevclose, currentopen, plusline1, plusline2, minusline1, minusline2

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  line1 = 10 line2 = 20   prevclose = DCLOSE(1) currentopen = DOPEN(0) plusline1 = currentopen + line1*pipsize plusline2 = currentopen + line2*pipsize minusline1 = currentopen - line1*pipsize minusline2 = currentopen - line2*pipsize   RETURN prevclose, currentopen, plusline1, plusline2, minusline1, minusline2

   

  

  Would be great to make a small presentation of yourself scribbles, here : http://www.prorealcode.com/forum/announcements/forums-new-members/

  

  Nicolas

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