TRO HORIZONTAL LINE

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TheRumpledOne
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TRO HORIZONTAL LINE

Postby TheRumpledOne » Tue May 08, 2007 1:03 am

TRO HORIZONTAL LINE




Simple indicator to plot a horizontal line.

I created a second version that allows you to specify what bars to use for start and ending prices. Create your own trend.
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TRO_HORIZONTALLINE.ELD
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traderxman
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Drawing Easy Language

Postby traderxman » Fri Jul 27, 2007 7:24 pm

Was wondering if anyone might help show the way on this one. EL is not my second language yet!

Was trying to write code for drawing a trend line intra-day on say a 500 tick chart. Looking to draw the trend line when the following condition exists.

1) When the previous bars (H+L+C)/3 is lower than the current bars (H+L+C)/3; draw the trend line

2) Draw this trend line from the previous bars (H+L+C)/3 up to the current bars low and extend it as each new bar is created.

3) When the previous bars (H+L+C)/3 is higher than the current bars (H+L+C)/3; draw the trend line

4) Draw this trend line from the previous bars (H+L+C)/3 down to the current bars high and extend it as each new bar is created.

Any help is appreciated, if just to get me started!


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