Daily Open with spaced lines above and below, conversion code mq4 to prorealtime

• 03/03/2018 at 2:02 PM #64307
  Jaywalker

  Hi

  A simple indicator that draws the daily open price and then the option to draw lines above and below the open price by manually entering number of pips above and/or below price.

  I use it to measure volatility

  Many thanks

  Mike

   

   

  

  Jaywalker

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  03/03/2018 at 2:02 PM #64279
  Jaywalker

  Hi

  Indicator is very basic, daily open line is drawn with the option of pre-set lines ( manually enter number of pips) above and below the daily open.

  I use it for assessing volatility.

  Many thanks

  Mike

   

  

  Jaywalker

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  Replies: 4

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  03/06/2018 at 9:14 AM #64540
  Nicolas

  This code should be good:

  distance = 20 if intradaybarindex=0 then oopen = dopen(0) up1 = oopen+distance*pointsize up2 = oopen+distance*2*pointsize dn1 = oopen-distance*pointsize dn2 = oopen-distance*2*pointsize endif return oopen, up1, up2, dn1, dn2

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  distance = 20   if intradaybarindex=0 then oopen = dopen(0) up1 = oopen+distance*pointsize up2 = oopen+distance*2*pointsize dn1 = oopen-distance*pointsize dn2 = oopen-distance*2*pointsize endif   return oopen, up1, up2, dn1, dn2

  You can modify the distance from the daily open for the 2 upper and 2 lower lines with the “distance” variable at the beginning of the code.

  1 user thanked author for this post.

  Jaywalker

  

  Nicolas

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  03/09/2018 at 1:39 PM #64905
  Jaywalker

  many thanks Nicolas

  

  Jaywalker

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