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MultiNVLine

MultiNVLine is the extension of the NVLine. It can show the maximum four NVLines. NVLine is the indicator like ZigZag. It is based on a ''new value'' that is new high or low. The reference price that is previous point of line decides whether a high/low price is a ''new value'' or not. The following table show the relation of current timeframe and level.

Current
timeframe
Level 0
Level 1
Level 2
Level 3
M1 M1
M5
M15
M30
M5 M5
M15
M30
H1
M15 M15
M30
H1
H4
M30 M30
H1
H4
D1
H1 H1
H4
D1
W1
H4 H4
D1
W1
MN1
D1 D1
W1
MN1
-
W1 W1
MN1
-
-
MN1 MN1
-
-
-

 


Inputs

  • ShowLevel0 – show NVLine of level 0
  • ShowLevel1 – show NVLine of level 1
  • ShowLevel2 – show NVLine of level 2
  • ShowLevel3 – show NVLine of level 3
Maksym Mudrakov
9640
2016.08.30 17:39 
 

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