Repeat indicator on time intervals

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  • #205205

    Hi there,

    I allow myself to request your help to create a repetition indicator but I do not know if it is possible
    Today I do it by hand

     

    1 – Calculate the amplitude of points over an hourly interval of the previous day (for example, the previous day, between 2 p.m. and 3 p.m. the max is 11,900 and the min is 11,700, the amplitude of points is 200 that I will call A later)

    2 – On the current day, from a defined time (for example 2 p.m.) identify the low point (called MIN) and draw lines from this low point: MIN+1/2A, MIN+A, MIN+ 1.5A, MIN+2A. When a new low point appears, the lines are recalculated

    3 – On the current day, from a defined time (for example 2 p.m.) identify the high point (called MAX) and draw lines from this high point: MAX-1/2A, MAX-A, MAX- 1.5A, MAX-2A. When a new low point appears, the lines are recalculated

    4 – Optional: be able to add information on the lines drawn: point value, point difference with the current price, percentage difference with the current price,

     

    I think this indicator could be useful for everyone. Our graphics are eternal repetitions

    Thanks in advance

    #205206

    There you go (the 4 MAX and MIN lines are differently coloured, but since they overlap in most cases, the colours will be mostly the same):

    I added a setting named FutureBARS, it’s the number of bars you want to plot lines beyond the current bar (a negative valuie will plot in the past). If you don’t need it, set it to 0.

    As to the optional data you want to be displayed, will you please attach a picture or a drawing of what you want.

     

     

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