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Open BIAS line


Discussion in EasyLanguage Programming

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Open BIAS line

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  #1 (permalink)
ernmen
Fleming Island
 
 
Posts: 6 since Jul 2019
Thanks: 2 given, 0 received

Open Range BIAS line first 5 min bar - having issue with this simple trend line not showing on all timeframes. Only shows on 1 min and 5 min chart. any help with fixing this to show on all timeframes would be appreciated...

thanks in advance!

 
Code
Variables:

highesthigh( 0 ),
lowestlow( 0 ),
storedlow( 0 ),
storedhigh( 0 ),
absoluterange( 0 ),
biasline_value( 0 ),
biasline( 0 );

if date <> date[1] then begin

	highestHigh = 0;
	lowestLow = 99999999;

end;

// Define range
if (Time >= 0930) and (Time <= 0935) then begin

	storedLow = Low;
	storedHigh = High;
	
	highestHigh = MaxList(High, highestHigh);
	lowestLow = MinList(Low, lowestLow);
	
	absoluteRange = highestHigh - lowestLow;
	biasline_value = highestHigh - (absoluteRange/2);
	
end;

// Draw OR_bias line
if (Time = 935) then begin

	biasline = tl_new(Date, 0935, biasline_value, Date, 1600, biasline_value);
	TL_SetColor(biasline, Yellow);
	TL_SetStyle(biasline, 3);
	TL_SetSize(biasline, 2);
	
end;

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  #2 (permalink)
SunTrader
Boca Raton, FL
 
 
Posts: 230 since Nov 2018
Thanks: 70 given, 164 received

It directly references first 5 minutes. How do you suppose that can be done on a timeframe greater than first 5 minutes? Even more importantly why would you want to? Seems to defeat the purpose of what it was specifically coded for.

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  #3 (permalink)
Kolnidrei
Lyon/France
 
 
Posts: 23 since Aug 2012
Thanks: 1 given, 14 received


You can replace the defined timevalues by inputs one can adapt accordingly.

 
Code
Inputs:
starttime(0930),
endtime(0935),
endsessiontime(1600);

if date <> date[1] then begin
highestHigh = 0;
lowestLow = 99999999;
end;

// Define range
if (Time >= starttime) and (Time <= endtime) then begin
storedLow = Low;
storedHigh = High;
highestHigh = MaxList(High, highestHigh);
lowestLow = MinList(Low, lowestLow);
absoluteRange = highestHigh - lowestLow;
biasline_value = highestHigh - (absoluteRange/2);
end;

// Draw OR_bias line
if (Time = endtime) then begin
biasline = tl_new(Date, endtime, biasline_value, Date, endsessiontime, biasline_value);
TL_SetColor(biasline, Yellow);
TL_SetStyle(biasline, 3);
TL_SetSize(biasline, 2);
end;

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The following user says Thank You to Kolnidrei for this post:


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