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:

Simple Horizontal Value and Offsets [Auto Shift]
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//@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)
TAFA94 PRO
a year ago
Great work! Thank you so much! Been searching for something like this on TV for months! You have my respect!
Reply
JayRogers TAFA94
a year ago
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. :)
+1 Reply
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