Support Board
Date/Time: Wed, 12 Feb 2025 05:27:09 +0000
[User Discussion] - Percentage lines based on Daily Open Study advice
View Count: 507
| [2020-09-27 19:39:25] |
| Brookwood - Posts: 26 |
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Sierra-nOOb here. I'm attempting to port over some simple custom strategies-- I'd like to create a study which will automatically project lines on the current day's chart based on a user-specified percentage of the instrument's day-session opening price. So for example, if the opening price is 50, evenly-spaced levels at 50.50, 51, 51.5, 49.5, 49, etc. would appear. I've attempted to modify the Auto Retracement/ Projection study and the Multiply and Add studies based on Period OHLC but I'm not getting much traction. I'd appreciate any pointers towards the general direction. Thanks, in advance! |
| [2020-09-27 20:11:29] |
| Sawtooth - Posts: 4173 |
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You can use multiple instances of the Bands/Envelope study, with the 'Based On' set to the Daily OHLC study or the Period OHLC-Variable Period study. You could also use a single instance of the Spreadsheet Study study. It will give you up to 60 lines based on formulas in cells K3 to BR3. |
| [2020-09-29 20:17:07] |
| Brookwood - Posts: 26 |
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That's great, thank you! I'll use the 'based on' for now and work up to the more elegant spread sheet study in time. I appreciate the reply.
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