Ex: draw line at 80% and 20% of the day's range, updating when new hod or lod is put in.
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Indicator to plot at fixed % levels based on the hod and lod?
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Indicator to plot at fixed % levels based on the hod and lod?
Not sure what this would be called on the NT ecosystem, but is anyone aware of an indicator that will plot a line at a user-defined level, based on the hod and lod?
Ex: draw line at 80% and 20% of the day's range, updating when new hod or lod is put in.Tags: None
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Hello brownsfan019,
Thank you for your post.
I'm not aware of anything like this on the User App Share that I could locate. Something may be available through one of our third party vendors, but I'm not aware of a specific vendor that has something like you're describing. That doesn't mean it doesn't exist, just that I'm not aware of one.
That being said, this would be fairly easy to program yourself. You'd probably want to use a SessionIterator so you can reset for the next session when it occurs, but you could get the range of the opening bar of the session and draw lines at whatever percent of that range that you like, then update those lines as the range changes (you'd have to track for new highs and lows). The CurrentDayOHL indicator might be a good starting point since that you can get the current day's high and low from.
I'll leave this open in case any of our users are aware of a readymade version of something like this that may be available.
Please let us know if we may be of further assistance to you.
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