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Open BIAS line
Updated March 14, 2021
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#1 (permalink
Fleming Island
Posts: 6 since Jul 2019
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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...
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
Boca Raton, FL
Posts: 230 since Nov 2018
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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
Lyon/France
Posts: 23 since Aug 2012
Thanks: 1 given,
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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;
The following user says Thank You to Kolnidrei for this post:
Last Updated on March 14, 2021
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