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  • Reviews (3)
  • Comments (14)
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Simple Line

The indicator shows the levels of the past week and day. In addition, it draws a level in percentage. This level is specified relative to the difference between the High and Low of the past month and week. For the daily levels of the past day, the Close levels are additionally displayed. All you need to do is configure the display parameters of the levels to your liking.


Parameters

  • Monthly installations - monthly settings;
  • MonthlyLines - enable (disable) displaying the levels;
  • TypeLinesM - line type to display the levels;
  • InpWidthLinesM - line width to display the levels;
  • InpMonthlyPercentageLevel - enable (disable) line level in %;
  • PercentageM - level of the line set as a percentage of the High-Low range. Default = 50;
  • TypeLinesM - type of the line set as a percentage of the High-Low range;
  • InpWidthLinesM - width of the line set as a percentage of the High-Low range;
  • ColorLinesM - line color;
  • Weekly installations - weekly settings;
  • WeeklyLines - enable (disable) displaying the levels;
  • TypeLinesW - line type to display the levels;
  • InpWidthLinesW - line width to display the levels;
  • InpWeeklyPercentageLevel - enable (disable) line level in %;
  • PercentageW - level of the line set as a percentage of the High-Low range. Default = 50;
  • TypeLinesPW - type of the line set as a percentage of the High-Low range;
  • InpWidthLinesPW - width of the line set as a percentage of the High-Low range;
  • ColorLinesW - line color;
  • Daylight settings - daily settings;
  • PreviousDayLines - enable (disable) displaying the levels;
  • TypeLinesPDL - line type to display the levels;
  • InpWidthLinesPDL - line width to display the levels;
  • InpDayCloseLevel - enable (disable) line level of the day closure;
  • TypeLinesPDLClose - line type of the daily Close level;
  • InpWidthLinesPDLClose - line width of the daily Close level;
  • ColorLinesPDL - line color;
  • The first trading day of the week - the first trading day of the week (default is Monday);
  • The last trading day of the week - the last trading day of the week (default is Friday).
John Greydanus
162
2017.10.06 04:09 
 

Fantastic indicator, no trader should be without this on the chart, especially breakout, trend continuation and fractal traders. Even reversal traders can use it to spot levels. My only wish is that the daily setting has an option to display the 38.2, 50.0 and 61.8 levels - this would be a huge help for observing retracement entries!

Jenny Ramages
98
2017.08.28 18:26 
 

Simple is best. Thank you Valeriy for sharing a very useful tool.

Ali irwan
5195
2017.08.03 07:28 
 

interesting

Version 1.2 - 2017.08.24
v1.2 - added parameters:
1 - the first trading day of the week
2 - the last trading day of the week
Version 1.1 - 2017.08.17
1. Added lines by previous month levels.
2. Added ability to disable percentage lines.
3. Added ability to disable the daily closure line.