OPEN-SOURCE SCRIPT

Diamonds

11544
✋ Experimental script where a diamond shape is created by making 4 lines around each bar which touches the edge of the bar.

anlık görüntü

𒀸 Example of how it works:
      Create the left upper line:
      
  • A) Calculate middle of the bar
          
  • B) Calculate which one is highest -> close or open
          
  •     'Draw' imaginary line from A to B (A starts 1 bar back)
          
  •      Adjust height of A by adding 2/3 of the difference between A & B
        𒓕 That's it!


𒀸 This technique can be developed further by anyone who's inspired.
     •  For now, I've just added an option where you can extend 2 lines of 1 specific bar
        𒓕 Settings ➺ extend lines ➺ toggle on/off ➺ type ➺ which bar back
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𒀸 X bars back sets the max bars in history
    •  Since this script uses line.new()  , this results in maximum 500 lines to be drawn.
        Each Diamand Bar contains 4 lines, resulting in maximum 125 Diamond Bars.

𒀸 Standard Candles ~ Diamond Bars
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anlık görüntü

Cheers!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.