Price levels, hline

The hline() annotation function renders a horizontal line at a given level. For example:

//@version=4 study(title="Chaikin Oscillator", shorttitle="Chaikin Osc") short = input(3, minval=1) long = input(10, minval=1) osc = ema(accdist, short) - ema(accdist, long) plot(osc, color=color.red) hline(0, title="Zero", color=color.gray, linestyle=hline.style_dashed)

image

A number must be the first argument of hline. Values of series type are forbidden. It’s possible to create a few horizontal lines with the help of hline and fill the background between them with a translucent color using fill().