OPEN-SOURCE SCRIPT
Ohm Horizontal line

//version=5
indicator("Ohm Horizontal line", overlay=true)
// Input parameters
atrPeriod = input.int(14, "ATR Period", minval=1)
atrMultiplier = input.float(1.0, "ATR Multiplier", step=0.1)
numLevels = input.int(10, "Number of Levels (each side)", minval=1)
lineWidth = input.int(1, "Line Width", minval=1, maxval=4)
labelOffset = input.int(20, "Label Offset", minval=0)
// Calculate daily ATR
dailyAtr = request.security(syminfo.tickerid, "D", ta.atr(atrPeriod))
// Function to get rounded price based on ATR
getRoundedPrice(price, atrValue) =>
math.round(price / (atrValue * atrMultiplier)) * (atrValue * atrMultiplier)
// Calculate center price (current close rounded to nearest ATR multiple)
centerPrice = getRoundedPrice(close, dailyAtr)
// Create arrays for price levels
var float[] levels = array.new_float(2 * numLevels + 1)
var float[] midLevels = array.new_float(2 * numLevels)
// Update price levels
updateLevels() =>
array.set(levels, numLevels, centerPrice)
for i = 1 to numLevels
upperLevel = centerPrice + i * dailyAtr * atrMultiplier
lowerLevel = centerPrice - i * dailyAtr * atrMultiplier
array.set(levels, numLevels + i, upperLevel)
array.set(levels, numLevels - i, lowerLevel)
// Calculate mid levels
if i > 1
upperMid = (array.get(levels, numLevels + i) + array.get(levels, numLevels + i - 1)) / 2
lowerMid = (array.get(levels, numLevels - i) + array.get(levels, numLevels - i + 1)) / 2
array.set(midLevels, numLevels + i - 2, upperMid)
array.set(midLevels, numLevels - i + 1, lowerMid)
// Update levels on every bar
updateLevels()
// Plot horizontal lines and price labels
var line[] horizontalLines = array.new_line(2 * numLevels + 1)
var line[] midLines = array.new_line(2 * numLevels)
var label[] priceLabels = array.new_label(2 * numLevels + 1)
// Function to draw or update a line
drawLine(lineArray, index, y, color, width, style) =>
if na(array.get(lineArray, index))
array.set(lineArray, index, line.new(bar_index, y, bar_index + 1, y, color=color, width=width, style=style, extend=extend.both))
else
line.set_xy1(array.get(lineArray, index), bar_index, y)
line.set_xy2(array.get(lineArray, index), bar_index + 1, y)
line.set_color(array.get(lineArray, index), color)
line.set_width(array.get(lineArray, index), width)
line.set_style(array.get(lineArray, index), style)
// Draw main levels
for i = 0 to 2 * numLevels
level = array.get(levels, i)
lineColor = i == numLevels ? color.yellow : (i > numLevels ? color.green : color.red)
drawLine(horizontalLines, i, level, lineColor, lineWidth, line.style_solid)
if na(array.get(priceLabels, i))
array.set(priceLabels, i, label.new(bar_index + labelOffset, level, str.tostring(level, format.mintick), color=color.new(color.black, 100), textcolor=lineColor, style=label.style_none, size=size.small))
else
label.set_xy(array.get(priceLabels, i), bar_index + labelOffset, level)
label.set_text(array.get(priceLabels, i), str.tostring(level, format.mintick))
label.set_textcolor(array.get(priceLabels, i), lineColor)
// Draw mid levels (without labels)
for i = 0 to 2 * numLevels - 1
midLevel = array.get(midLevels, i)
lineColor = i >= numLevels ? color.new(color.green, 50) : color.new(color.red, 50)
drawLine(midLines, i, midLevel, lineColor, 1, line.style_dashed)
// Display current ATR value
var label atrLabel = na
label.delete(atrLabel)
atrLabel := label.new(bar_index[labelOffset], high, text="ATR: " + str.tostring(dailyAtr, "#.##"), color=color.new(color.blue, 0), textcolor=color.white, size=size.small)
indicator("Ohm Horizontal line", overlay=true)
// Input parameters
atrPeriod = input.int(14, "ATR Period", minval=1)
atrMultiplier = input.float(1.0, "ATR Multiplier", step=0.1)
numLevels = input.int(10, "Number of Levels (each side)", minval=1)
lineWidth = input.int(1, "Line Width", minval=1, maxval=4)
labelOffset = input.int(20, "Label Offset", minval=0)
// Calculate daily ATR
dailyAtr = request.security(syminfo.tickerid, "D", ta.atr(atrPeriod))
// Function to get rounded price based on ATR
getRoundedPrice(price, atrValue) =>
math.round(price / (atrValue * atrMultiplier)) * (atrValue * atrMultiplier)
// Calculate center price (current close rounded to nearest ATR multiple)
centerPrice = getRoundedPrice(close, dailyAtr)
// Create arrays for price levels
var float[] levels = array.new_float(2 * numLevels + 1)
var float[] midLevels = array.new_float(2 * numLevels)
// Update price levels
updateLevels() =>
array.set(levels, numLevels, centerPrice)
for i = 1 to numLevels
upperLevel = centerPrice + i * dailyAtr * atrMultiplier
lowerLevel = centerPrice - i * dailyAtr * atrMultiplier
array.set(levels, numLevels + i, upperLevel)
array.set(levels, numLevels - i, lowerLevel)
// Calculate mid levels
if i > 1
upperMid = (array.get(levels, numLevels + i) + array.get(levels, numLevels + i - 1)) / 2
lowerMid = (array.get(levels, numLevels - i) + array.get(levels, numLevels - i + 1)) / 2
array.set(midLevels, numLevels + i - 2, upperMid)
array.set(midLevels, numLevels - i + 1, lowerMid)
// Update levels on every bar
updateLevels()
// Plot horizontal lines and price labels
var line[] horizontalLines = array.new_line(2 * numLevels + 1)
var line[] midLines = array.new_line(2 * numLevels)
var label[] priceLabels = array.new_label(2 * numLevels + 1)
// Function to draw or update a line
drawLine(lineArray, index, y, color, width, style) =>
if na(array.get(lineArray, index))
array.set(lineArray, index, line.new(bar_index, y, bar_index + 1, y, color=color, width=width, style=style, extend=extend.both))
else
line.set_xy1(array.get(lineArray, index), bar_index, y)
line.set_xy2(array.get(lineArray, index), bar_index + 1, y)
line.set_color(array.get(lineArray, index), color)
line.set_width(array.get(lineArray, index), width)
line.set_style(array.get(lineArray, index), style)
// Draw main levels
for i = 0 to 2 * numLevels
level = array.get(levels, i)
lineColor = i == numLevels ? color.yellow : (i > numLevels ? color.green : color.red)
drawLine(horizontalLines, i, level, lineColor, lineWidth, line.style_solid)
if na(array.get(priceLabels, i))
array.set(priceLabels, i, label.new(bar_index + labelOffset, level, str.tostring(level, format.mintick), color=color.new(color.black, 100), textcolor=lineColor, style=label.style_none, size=size.small))
else
label.set_xy(array.get(priceLabels, i), bar_index + labelOffset, level)
label.set_text(array.get(priceLabels, i), str.tostring(level, format.mintick))
label.set_textcolor(array.get(priceLabels, i), lineColor)
// Draw mid levels (without labels)
for i = 0 to 2 * numLevels - 1
midLevel = array.get(midLevels, i)
lineColor = i >= numLevels ? color.new(color.green, 50) : color.new(color.red, 50)
drawLine(midLines, i, midLevel, lineColor, 1, line.style_dashed)
// Display current ATR value
var label atrLabel = na
label.delete(atrLabel)
atrLabel := label.new(bar_index[labelOffset], high, text="ATR: " + str.tostring(dailyAtr, "#.##"), color=color.new(color.blue, 0), textcolor=color.white, size=size.small)
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.