paaax

[PX] M/W/D Level

Hey guys,

this script shows monthly, weekly and daily OHLC data represented as horizontal level.

I tried to make it as user-friendly as possible. Therefore, you can add different colors and styles for each level, as well as turn them on and off.
With the "Label Offset"-parameter you are in control where the label text should appear. You can shift it from left to right and vice-versa. To shift it to the left choose a negative value. To shift it to the right use a positive one.

This best setting for me personally is the "Candle Selection"-dropdown. This allows you to decide wether you want to show the previous candles OHLC-data or the current live OHLC-data.

!!CAUTION!! If you use the "Current Month/Week/Day"-selection be aware that values shown are "live"-data of the current candle. Therefore, values will change the same way your chart keeps changing on live data.
The "Previous Month/Week/Day"-selection on the other hand is historical data and therefore only changes once we reached a new month/week/day.

If you like my work, consider leaving a like :)

Happy trading!
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http://www.pascal-simon.de - Custom indicator development

Kommentarer

Great work. I have a suggestion like adding optional settings for showing open-close prices high-low prices as pairs.
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Is it the same day price? Is it the previous day's price? (about daily open, close, low, high)
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Amazing!
Help me out as to how did you position the words in center and not towards the scale?
My code
plot(sd7 and D_High ? D_High : na, title="PDH",style=circles, color=yellow,linewidth=3, trackprice=true)
Svara
paaax paidlukkha
@paidlukkha, thank you. Use a label with an offset.
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@paaax, can you help me with this on my code?
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Nice work. Can you help me develop a script?
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paaax helmethead5
@helmethead5, thank you. Yes I can, please contact me with your idea via private message.
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Thank you man, very useful tool. Dropping @cryptocred nice read about it. https://medium.com/@cryptocreddy/using-previous-days-high-low-for-intraday-bias-798fbd7d9509
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Thanks!
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paaax stluvin
@stluvin, you are welcome
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