JayRogers

Simple Horizontal Value and Offsets

Requested by @TAFA94

  • Simple horizontal values extending up and down from a median value.
  • Set Median Value, and set offset values. Simples!
Comment: Auto adjusting median version here:

Remove from Favorite Scripts Add to Favorite Scripts
//@version=2

study(title="Simple Horizontal Value and Offsets", shorttitle="SHV", overlay=true)

// Revision:    1
// Author:      JayRogers
//
// Description:
//  - Requested by @TAFA94
//  - Simple horizontal values extending up and down from a median value.
//  - Set Median Value, and set offset values. Simples.

valMedian   = input(defval=1.09, title="Median Value")
valOffset   = input(defval=0.0025, title="Offset Value")

// offset multiplier function.
offsetMult(num) => num * valOffset

// Plot median line
midline     = plot(valMedian, title="Median Line", color=#0099FF, linewidth=2, transp=0)

// ..colour and transparency variables for quicker 'style' edits..
_dc = #0099FF
_dt = 50
// plot upward offsets
plus1   = plot(valMedian + offsetMult(1), title="Plus 1", color=_dc, linewidth=1, transp=_dt)
plus2   = plot(valMedian + offsetMult(2), title="Plus 2", color=_dc, linewidth=1, transp=_dt)
plus3   = plot(valMedian + offsetMult(3), title="Plus 3", color=_dc, linewidth=1, transp=_dt)
plus4   = plot(valMedian + offsetMult(4), title="Plus 4", color=_dc, linewidth=1, transp=_dt)
plus5   = plot(valMedian + offsetMult(5), title="Plus 5", color=_dc, linewidth=1, transp=_dt)
plus6   = plot(valMedian + offsetMult(6), title="Plus 6", color=_dc, linewidth=1, transp=_dt)
plus7   = plot(valMedian + offsetMult(7), title="Plus 7", color=_dc, linewidth=1, transp=_dt)
plus8   = plot(valMedian + offsetMult(8), title="Plus 8", color=_dc, linewidth=1, transp=_dt)
plus9   = plot(valMedian + offsetMult(9), title="Plus 9", color=_dc, linewidth=1, transp=_dt)
plus10  = plot(valMedian + offsetMult(10), title="Plus 10", color=_dc, linewidth=1, transp=_dt)
// plot downward offsets
minus1  = plot(valMedian - offsetMult(1), title="minus 1", color=_dc, linewidth=1, transp=_dt)
minus2  = plot(valMedian - offsetMult(2), title="minus 2", color=_dc, linewidth=1, transp=_dt)
minus3  = plot(valMedian - offsetMult(3), title="minus 3", color=_dc, linewidth=1, transp=_dt)
minus4  = plot(valMedian - offsetMult(4), title="minus 4", color=_dc, linewidth=1, transp=_dt)
minus5  = plot(valMedian - offsetMult(5), title="minus 5", color=_dc, linewidth=1, transp=_dt)
minus6  = plot(valMedian - offsetMult(6), title="minus 6", color=_dc, linewidth=1, transp=_dt)
minus7  = plot(valMedian - offsetMult(7), title="minus 7", color=_dc, linewidth=1, transp=_dt)
minus8  = plot(valMedian - offsetMult(8), title="minus 8", color=_dc, linewidth=1, transp=_dt)
minus9  = plot(valMedian - offsetMult(9), title="minus 9", color=_dc, linewidth=1, transp=_dt)
minus10 = plot(valMedian - offsetMult(10), title="minus 10", color=_dc, linewidth=1, transp=_dt)
Great for lower indicators! Thanks!
Reply
Great work! Thank you so much! Been searching for something like this on TV for months! You have my respect!
Reply
Building new, or importing complex indicators and strategies is great if that's what you want/need, but it surprises me how a lot of "simple" things seem to get overlooked here.

Happy to contribute to the K.I.S.S club lol. :)
+2 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out