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How to automatic draw multiple price levels


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How to automatic draw multiple price levels

  #1 (permalink)
cuongvu
Austin, TX
 
Posts: 3 since Dec 2017
Thanks Given: 2
Thanks Received: 0

Hi,

Does anyone know how to automatic draw multiple price levels from the price level tool? For example: I need to automatic plot 2 lines (2.25 pts and 3.75 pts) above and below when I create a price level.

Thanks,
Cuong

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  #2 (permalink)
devildriver6
Dallas, Texas
 
Posts: 43 since Jun 2015
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cuongvu View Post
Hi,

Does anyone know how to automatic draw multiple price levels from the price level tool? For example: I need to automatic plot 2 lines (2.25 pts and 3.75 pts) above and below when I create a price level.

Thanks,
Cuong

Why not just create a script for it.

input MyLevel = 2000.00;
input Above = 2.25;
input Below = 3.75;

plot Level = MyLevel;

plot AboveLevel = MyLevel + Above;
plot BelowLevel = MyLevel - Below;

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  #3 (permalink)
cuongvu
Austin, TX
 
Posts: 3 since Dec 2017
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devildriver6 View Post
Why not just create a script for it.

input MyLevel = 2000.00;
input Above = 2.25;
input Below = 3.75;

plot Level = MyLevel;

plot AboveLevel = MyLevel + Above;
plot BelowLevel = MyLevel - Below;


Can the MyLevel be dynamic instead of constant as I need to plot different levels?

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  #4 (permalink)
cuongvu
Austin, TX
 
Posts: 3 since Dec 2017
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Never mind, I got it thanks.

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  #5 (permalink)
yamin2000
Saudi Arabia
 
Posts: 58 since Apr 2014
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devildriver6 View Post
Why not just create a script for it.

input MyLevel = 2000.00;
input Above = 2.25;
input Below = 3.75;

plot Level = MyLevel;

plot AboveLevel = MyLevel + Above;
plot BelowLevel = MyLevel - Below;

nice this what i was looking for .

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  #6 (permalink)
EquanimousTrading
Lombard
 
Posts: 5 since Mar 2021
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Thanks! the price level input is for whole numbers and decimals. Is there a way to change the input so that it is friendly for treasury futures? 136'22 for example?

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Last Updated on August 25, 2022


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