Specification
I want an Indicator that :
- 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).
- Draw a horizontal line at the opening of the candles in the selected timeframe.
- 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).
- Draw a horizotal line above and below the opening price, that is the ATR of the candles selected in point # 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)
- Current candles range
- Average range - Current candles range
- Current candles open - High
- Current candles Open - Low
- 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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