Plot horizontal line pips away from days open | Forex Factory

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Plot horizontal line pips away from days open

  • #1
  • First Post: Sep 22, 2012 8:55pm Sep 22, 2012 8:55pm
Hi all , Please i need an indicator that plots horizontal line certain pips away from the days open or any candle.....
for example, the indicator will plot horizontal line 20pips away from he days open.
Thanks in advance
  • #2
  • Sep 24, 2012 7:03pm Sep 24, 2012 7:03pm
Quoting angelo5uk
Hi all , Please i need an indicator that plots horizontal line certain pips away from the days open or any candle.....
for example, the indicator will plot horizontal line 20pips away from he days open.
Thanks in advance
Angelo,

This indy will plot lines X pips away from the day's open, if you set the parameters as follows:

StartHours = 0
Properties = O [start at the open]
HorizLineLevels = -20,20 [i.e. 20 pips above, and 20 pips below, the open]
TextProperties = [leave blank]
SymbolProperties = [leave blank]

You can adjust StartHours to start from any candle, e.g. on a M15 chart, if you want to start at 02:15am each day, then set StartHours = 2.25 (i.e. 15 mins is 0.25 of an hour)

Use ExtendHours to set the length of the line.

The indy is capable of performing many different types of plots: everything else is explained in the above link.

Hope that helps.

David
  • #3
  • Sep 25, 2012 4:10pm Sep 25, 2012 4:10pm
Quoting hanover
Angelo,

This indy will plot lines X pips away from the day's open, if you set the parameters as follows:

StartHours = 0
Properties = O [start at the open]
HorizLineLevels = -20,20 [i.e. 20 pips above, and 20 pips below, the open]
TextProperties = [leave blank]
SymbolProperties = [leave blank]

You can adjust StartHours to start from any candle, e.g. on a M15...

Hi David,
Thanks alot for you help...just exactly what i am really looking for. It truly plots the line 20pips above and below the days open. but is there any way to make it really reflect the exact price of these horizontal lines on the chart. It plots but does not show the price. Thanks once more
  • #4
  • Sep 26, 2012 12:33pm Sep 26, 2012 12:33pm
Quoting angelo5uk
is there any way to make it really reflect the exact price of these horizontal lines on the chart. It plots but does not show the price.
No, sorry, there isn't. If you had stated this requirement in your original post, I would not have suggested using this indicator.
  • #5
  • Last Post: Sep 27, 2012 4:16pm Sep 27, 2012 4:16pm
No problem...i think the indi is ok by me...what matters most is that it plots the lines....thanks alot
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