Specification

I want an Indicator that :

  1. Draws vertical lines at the opening of candles on a time frames selected.( I want to be able change the candle timeframe the line will be drawn. Eg.  I can slelect 1H, 4H etc from the settings, and the vertical line will be drawn at the opening).
  2. Draw a horizontal line at the opening of the candles in the selected timeframe. 
  3. Calculate the average range of the candles on a selected timeframe. and draw a horizontal line that is 33% of the average range of the candles, above and below the opening price. ( I want to be able to change the % of ATR line to be drawn above and below price).
  4. Draw a horizotal line above and below the opening price, that is the ATR of the candles selected in point # 1.
Create a dashboard/Panel that shows:
  1. Average range of candles on the timeframe the vertical lines are drawn. ( I want to be able to change the number of candles used to calculate the average from settings)
  2. Current candles range
  3. Average range -  Current candles range
  4. Current candles open - High
  5. Current candles Open - Low
  6. Current candles Open - current market price

I want to have the right to the source code.


Example of the vertical lines on 1H candles, shown on 1mins chart. Horizontal lines showing Opening price, 33% of ATR lines above and below opening price


Have a look at the chat below. The vertical lines are drawn at Daily candle open. Lines are drawn above and below the open. The are 33% of Daily ATR. 

If i choose 1H or 4H candles, i want it to look like that on lower timeframes. eg 1min or 5mins chart.


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from 1 to 5 day(s)

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