Horizontal Line Candle Open and Time

• 02/20/2018 at 5:37 PM #63308
  JTulley

  Hello Forum Members,

  I would like to draw a horizontal line at the open of the 08:00 candle from the previous day, using an M5 timeframe.

  I can see that this might be done by counting back bars from the current time, but I suspect that there’s probably a more elegant solution.

  Can anyone suggest how this can be done?

  Thank You

  

  JTulley

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  02/20/2018 at 6:02 PM #63310
  Nicolas

  Could you test this code? I think it should works.

  defparam drawonlastbaronly=true if opentime=080000 then value=close endif if intradaybarindex=0 then drawhline(value) endif return

  1 2 3 4 5 6 7 8 9 10 11

  defparam drawonlastbaronly=true   if opentime=080000 then value=close endif   if intradaybarindex=0 then drawhline(value) endif   return

   

  

  Nicolas

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  02/20/2018 at 6:16 PM #63311
  JTulley

  Thanks for the quick reply.

  Unfortunately this code doesn’t draw a line for me.

   

  

  JTulley

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  02/20/2018 at 6:24 PM #63312
  robertogozzi

  Change line 7 as follows

  if intradaybarindex>=0 then

  1	if intradaybarindex>=0 then

   

  

  robertogozzi

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  02/20/2018 at 6:27 PM #63314
  robertogozzi

  Actually you can remove both line 7 and 9.

  

  robertogozzi

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  02/20/2018 at 6:29 PM #63316
  JTulley

  That’s an improvement.

  I get a line now, but at Today’s 08:00, rather than yesterdays.

  

  JTulley

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  02/20/2018 at 6:44 PM #63318
  robertogozzi

  Write line 4 as

  value=close[288]

  1	value=close[288]

  because there are 24 * 12 5-minute bars in a day your are going to get yesterday’s value.

  

  robertogozzi

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  02/20/2018 at 6:47 PM #63319
  JTulley

  Perfect,

  Thank you Nicolas and Roberto.

  

  JTulley

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