adding labels that always stay on the left on horizonal lines

March 28th, 2020, 12:44 PM

Hi,
I have the following code to draw line on previous close:

Code

input aggregationPeriod = AggregationPeriod.DAY;
input length = 1;
input displace = -1;
input showOnlyLastPeriod = no;
plot PrevDayClose;
if showOnlyLastPeriod and !IsNaN(close(period = aggregationPeriod)[-1]) {
 PrevDayClose = Double.NaN;
} else { 
 PrevDayClose = Highest(close(period = aggregationPeriod)[-displace], length);
}
PrevDayClose.SetDefaultColor(GetColor(9));
PrevDayClose.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

1) How do I programmatically draw a label that always stays to the left on the chart. I created
one manually like so:

How do I do it programmatically ?

2) This draws a line further away from the start of the close on the previous day.
How do I draw the line all the way from the actual close point ?

Thanks.

April 23rd, 2020, 12:36 PM

I don't think you can program the name of a line and it's orientation in thinkscript.
You could add a chart bubble and have it appear x bars back.

April 24th, 2020, 11:36 AM

maindoor

Hi,
I have the following code to draw line on previous close:

Code

input aggregationPeriod = AggregationPeriod.DAY;
input length = 1;
input displace = -1;
input showOnlyLastPeriod = no;
plot PrevDayClose;
if showOnlyLastPeriod and !IsNaN(close(period = aggregationPeriod)[-1]) {
 PrevDayClose = Double.NaN;
} else { 
 PrevDayClose = Highest(close(period = aggregationPeriod)[-displace], length);
}
PrevDayClose.SetDefaultColor(GetColor(9));
PrevDayClose.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

1) How do I programmatically draw a label that always stays to the left on the chart. I created
one manually like so:

How do I do it programmatically ?

2) This draws a line further away from the start of the close on the previous day.
How do I draw the line all the way from the actual close point ?

Thanks.

Hey. If I understand you correctly, this code will help you.
This is a very useful indicator that I would install first.
it can be modified for you

Code

#Study:Info
#by thetrader.top

input ATRLength = 14;        

input ShowATR = {default "1", "0"};       
input AvgVolume = {default "1", "0"};    
input Volume_ = {default "1", "0"};    
input ATRPlay = {default "1", "0"};    
input VolumePlay = {default "1", "0"};    

def _ATR_D = TrueRange(high(period = "DAY"), close(period = "DAY"), low(period = "DAY"));
def iATR_D = Round(Average(_ATR_D, ATRLength)[1], 2);
AddLabel (!ShowATR, "ATR("+ATRLength+") " + iATR_D, Color.GRAY);

def iAvgVolume = Round(Average (volume(period = "DAY")[1], 65) / 1000, 0);
AddLabel (!AvgVolume, "AvgVol " + iAvgVolume + "k", Color.GRAY);

def iVolume = Round(volume(period = "DAY") / 1000, 0);
AddLabel (!Volume_, "Vol " + iVolume + "k", Color.LIGHT_GREEN);

def iATRPlay = Round((high(period = "DAY") - low(period = "DAY")) / iATR_D, 1);
AddLabel (!ATRPlay, "ATRPlay " + iATRPlay + "(" + Round(high(period = "DAY") - low(period = "DAY"), 2) + ")", Color.LIGHT_GREEN);

def iVolumePlay = Round(iVolume / iAvgVolume, 2);
AddLabel (!VolumePlay, "VolPlay " + iVolumePlay, Color.LIGHT_GREEN);

def Gap = Round((Open(period = "DAY")-Close(period = "DAY")[1])/Close(period = "DAY")[1]*100, 2);
AddLabel (Yes, "Gap " + Gap+"%", Color.LIGHT_GREEN);

def ATRcur = Round (Average(TrueRange(high, close, low)[1],5));
AddLabel (Yes, "ATR(5) " + ATRcur, if(ATRcur<=0.20) then Color.GREEN else Color.Red);

2020-04-24_18-34-28
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adding labels that always stay on the left on horizonal lines

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adding labels that always stay on the left on horizonal lines