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Offset from open Indicator?


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Offset from open Indicator?

  #11 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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Fibbee View Post
Thanks, i'll have a look at it.

Friendly tone might get lost here in written text but I know the opening range will not work for this. This is more simplistic. Just offset lines from the Current Day Open to create colored zones. This is just a visual aid to put on my multi-market monitor (say that five times fast!) so I can glance over and see where a secondary market is currently relative to the open, based on a background color.

Essentially just trying to gradient color a few zones for any given day.

If you could post a graphical example of what you want that would help.

You could also use this free indicator:
https://www.discotrading.com/Description/3026

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  #12 (permalink)
 
Fibbee's Avatar
 Fibbee 
Boston, MA. United States
 
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trendisyourfriend View Post
If you could post a graphical example of what you want that would help.

You could also use this free indicator:
https://www.discotrading.com/Description/3026

Here you go...

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  #13 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
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Fibbee View Post
Here you go...

Threw this together real quick.

I tested it on FX data as it's all I have connected. However, if I did it correctly it should offset properly on futures(like in ur image). If it does not let me know.


2020-11-11_150940

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  #14 (permalink)
 
Fibbee's Avatar
 Fibbee 
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forrestang View Post
Threw this together real quick.

I tested it on FX data as it's all I have connected. However, if I did it correctly it should offset properly on futures(like in ur image). If it does not let me know.


2020-11-11_150940

Forrestang you are the man!! thank you!!

Works perfectly on futures as well.

Is it a pain to have the areas between each level be a colored zone?

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  #15 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
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Fibbee View Post
Forrestang you are the man!! thank you!!

Works perfectly on futures as well.

Is it a pain to have the areas between each level be a colored zone?

eXCELLENT!



I can draw a box... Although drawing a box would mean it couldn't have infinity as the upper limit? So you wouldn't be able to have 300 above the open to infinity.

THere may be a way to shade specific areas of a chart using the SharpDK tools in NT, but I would have to figure that out as I haven't used it much myself.

But if drawing boxes, it would look like THIS indicator visually(just with the boxes).

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  #16 (permalink)
 
Fibbee's Avatar
 Fibbee 
Boston, MA. United States
 
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forrestang View Post
eXCELLENT!



I can draw a box... Although drawing a box would mean it couldn't have infinity as the upper limit? So you wouldn't be able to have 300 above the open to infinity.

There may be a way to shade specific areas of a chart using the SharpDK tools in NT, but I would have to figure that out as I haven't used it much myself.

But if drawing boxes, it would look like THIS indicator visually(just with the boxes).

Works for me!

What if you did a box for the first three and then the from level 3 upwards no box, would that solve the upper infinity issue?

I would be happy with even shading the area between level 1 up/down

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  #17 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
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Fibbee View Post
Works for me!

What if you did a box for the first three and then the from level 3 upwards no box, would that solve the upper infinity issue?

I would be happy with even shading the area between level 1 up/down

Sure this will be relatively ez to do. I will update tomorrow.

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  #18 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
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forrestang View Post
Sure this will be relatively ez to do. I will update tomorrow.

It's a halfway decent indicator now so I've added it to the DOWNLOADS section.

Happy hunting!
Indie

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Last Updated on November 12, 2020


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