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| Draw Levels Script https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2756 |
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| Author: | AnotherBrian [ Sat Jul 27, 2013 4:08 am ] |
| Post subject: | Draw Levels Script |
If you trade using supply and demand you are used to looking for "levels" and drawing them on your chart. Here's a little script I wrote to make this easier. Put it in experts/scripts Drag the script onto the chart and drop it at the top of the level. It will draw the level and lines for you. You can adjust the bottom line by double clicking on it. It also draws a rectangle inside the lines to give it colour. The level has text that tells you what time frame it was drawn on. Levels drawn above price are red, below levels are green. When you drop it on the chart it grabs the price and time and draws a fib line, it's not really fib's as you know it I just use that object too make it easier to draw it and modify it. If you adjust the level lines, the rectangle will not follow so you need to double click that too. How does it know how far apart to draw the lines? It uses the distance between the high 20MA and the low 20MA multiplied by 1.2. Here is what it looks like, without any modifications to the levels. I just dropped the script onto the top of the levels. Hope this helps you earn pips! Cheers! |
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| Author: | 123Reverse [ Mon Jul 29, 2013 1:57 am ] |
| Post subject: | Re: Draw Levels Script |
Looking forward to giving it a try. Can you stop the right end of the lines level with the boxes. Also can you stop the "zone" being extended further to the right, after the "zone" has been "broken"? Thanks for your efforts with this, it looks promising. |
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| Author: | AnotherBrian [ Sat Aug 03, 2013 1:55 am ] |
| Post subject: | Re: Draw Levels Script |
Can you stop the right end of the lines level with the boxes. Yes, but i won't. I like the lines to continue. The filling stops and doesn'c continue. Also can you stop the "zone" being extended further to the right, after the "zone" has been "broken"? No, it's a script. It runs once on the chart. |
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