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Karl,
My suggestion is to use the set of trendline functions. They are not limited to
the 4 plot max. per indicator.
They are described in the online docs under the indicator help wizard. You can
create, draw specifying the start and end bars and prices and delete them at
will. I am travelling until the weekend and don't have TS on this machine. If
no-one responds with some sample code by then - send me an email and I will post
a sample of some or a pointer to it.
John
Karl wrote:
> I am trying to code a Gann concept for identifying potential support and
> resistance. I would like to draw a series of horizontal lines across the
> screen (or in proximity to the current price) such that the first or key
> line -- Value2 -- is calculated as follows:
>
> Input: Incremt(0.125), Price(C);
>
> Value1 = IntPortion(SquareRoot(Price));
> Value2 = Square(Value1);
> Plot1(Value2,"Int_SQ");
>
> The difficulty comes in drawing the additional lines which are calculated as
> follows:
> Square(Value1 + X * Incremt) where X is -8 to +8 { 1 / incremt = 8 }
> Square(Value1 + 2* Incremt); , etc.
>
> I know EL limits me to 4 plot statements in an indicator. Is is possible to
> write the code for plotting multiple horizontal lines without using a single
> plot statement for each line?
>
> The incremental lines drawn should range between Value2 - 1 to Value2 + 1.
> So if Value2 was 54 then 8 lines (since increment = .125) would be drawn
> from 53 to 54 and 8 more from 54 to 55.
> I would appreciate any help or suggestions.
> Karl Schreiber kschr@xxxxxxxxxxx
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