I am curious if it would be possible to gain access to an indicator with the same function that the "Envelope" indicator provides. Though, instead of a pure mess of past lines, I want just some horizontal lines to be graphed. Perhaps even with an option of only providing THAT days worth of lines. So I can input the settings, 0.5% for instance on a 1 day MA applied to OPEN, then I can have a horizontal line placed .5% away from the market price at open.
Does this indicator or something similar 1) exist already? 2) is it possible to do the above as I briefly described?
I am a dope when it comes to programming. As of now I am content just using a spreadsheet, though since the envelope indicator is already there, perhaps someone once modified it.
Thanks in advance for any input.
Does this indicator or something similar 1) exist already? 2) is it possible to do the above as I briefly described?
I am a dope when it comes to programming. As of now I am content just using a spreadsheet, though since the envelope indicator is already there, perhaps someone once modified it.
Thanks in advance for any input.
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