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Placed on the price bars graph, is this not a "1-period" MA connecting the
closes?
What would be REALLY helpful is to have a line segment plotted at the
- Highest close in a BULL price swing (before a BEAR retracement)
- Lowest close in a BEAR price swing (before a BULL retracement)
to indicate a price level for static stops.
Just a thought..........
----- Original Message -----
From: "Ian Cunningham" <cuncomm@xxxxxxxxxxx>
To: "Omegalist" <omega-list@xxxxxxxxxx>
Sent: Friday, March 12, 2004 9:58 AM
Subject: LastTickLine
> Hello Omegalist,
>
> The code below is for an indicator I use in TS4 that simply plots a
> horizontal line back from the currentbar close. I believe it was
> posted on OL several years back. It is handy to be able to instantly
> see where the close is in relation to the rest of the chart.
> To work, the indicator needs to be placed in the Hidden subgraph even
> though the prompt asks for subgraph 1.
>
> I am now trying to use it with TS7. Nothing shows when placed in the
> Hidden subgraph. Has anyone any idea what changes need to be made to
> to the code get this to work?
>
> TIA.
>
> Code starts ************************************
>
> Inputs: Price(C), color(12), width(0);
> Vars: tl(0), col(0), wid(0);
>
> If CurrentBar =20 then begin
> col=color; wid = width;
> if col < 1 or col > 16 then col = 6;
> if wid < 0 or wid >6 then wid = 0;
>
> tl = tl_new(d[10],t[10],c,d,t,c);
> tl_setcolor(tl,col);
> tl_setstyle(tl,0);
> tl_setsize(tl,wid);
> tl_SetExtLeft(tl,true);
> end else
> if LastBarOnChart and CurrentBar > 20 then begin
> tl_setend(tl,d,t,c);
> tl_setbegin(tl,d[20],t[20],c);
> End;
>
> Plot1(Price,"Close");
>
> --
> Best regards,
> Ian mailto:cuncomm@xxxxxxxxxxx
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