Draw Dealers Levels LinesThis Pine Script is a comprehensive tool for TradingView users, allowing them to display and customize multiple significant horizontal lines on a chart. These lines represent various important price levels, each of which can be configured with specific colors, widths, styles, and labels. This script is particularly useful for traders who rely on technical analysis to identify key support and resistance levels, control zones, and other critical price points.
Key Features:
Dynamic Level Calculation:
The script calculates default levels based on the previous day's closing price (yesterday_close). These levels include:
Max1D: Calculated as yesterday_close * 1.01, representing a 1% increase over the previous close.
Min1D: Calculated as yesterday_close * 0.99, representing a 1% decrease.
BuyControl: Slightly below the Max1D at yesterday_close * 1.0099.
SellControl: Slightly above the Min1D at yesterday_close * 0.991.
PutSup0dte: Another variation with yesterday_close * 1.0098.
CallRes0dte: Based on yesterday_close * 0.98.
CallResAll: Set to yesterday_close * 1.015, showing a 1.5% increase.
PutResAll: Set to yesterday_close * 0.985, showing a 1.5% decrease.
These calculations are rounded to the nearest integer for clarity.
User Customization:
Visibility Controls: Users can enable or disable each line using boolean input controls, allowing for a focused analysis of specific levels.
Level Adjustment: Float inputs allow users to manually set the levels if they differ from the default calculations.
Label Customization: Each line can have a custom label, with default labels provided (e.g., "Max1D", "Min1D", "BuyControl").
Color and Style Options: Users can select specific colors, line widths, and styles (dotted, dashed, solid) for each line, making the chart visually distinctive and easier to read.
Labeling and Placement:
Each line is labeled with the provided custom name and the exact value, displayed to the right of the line. This ensures that the information is readily visible and easy to interpret.
The labels use label.style_label_right to position text at the end of the lines, aiding in clear identification.
Integration with TradingView:
The script uses the request.security() function to access the previous day's closing price, ensuring that the calculations are based on the latest data available.
Practical Applications:
Technical Analysis: The script helps traders mark and monitor key price levels that might act as support or resistance. It is particularly useful in identifying areas where the price might react or reverse.
Strategy Development: By visualizing these critical levels, traders can develop and refine their trading strategies, including setting entry and exit points, stop-loss levels, and target prices.
Customization for Different Markets: The extensive customization options allow the script to be adapted to different markets and trading styles, providing flexibility in technical analysis.
How It Works:
Initialization:
The script starts by fetching the previous day's closing price and calculating the default levels for each line.
It then sets up the user interface inputs, including controls for visibility, levels, colors, and labels.
Drawing and Labeling:
The script dynamically draws each line on the chart at the specified levels, with the corresponding label displayed to the right.
The lines and labels are updated in real-time as new data becomes available or as the user changes the input settings.
This script enhances the ability of traders to perform technical analysis by providing a clear and customizable visualization of key price levels on TradingView charts.
Draw
Vector2DrawQuadLibrary "Vector2DrawQuad"
functions to handle vector2 Quad drawing operations.
new(a, b, c, d, xloc, bg_color, line_color, line_style, line_width)
Draws a quadrilateral with background fill.
Parameters:
a : v2 . Vector2 object, in the form `(x, y)`.
b : v2 . Vector2 object, in the form `(x, y)`.
c : v2 . Vector2 object, in the form `(x, y)`.
d : v2 . Vector2 object, in the form `(x, y)`.
xloc : string . Type of axis unit, bar_index or time.
bg_color : color . Color of the background.
line_color : color . Color of the line.
line_style : string . Style of the line.
line_width : int . Width of the line.
Returns: Quad object.
copy(this)
Copy a existing quad object.
Parameters:
this : Quad . Source quad.
Returns: Quad.
set_position_a(this, x, y)
Set the position of corner `a` (modifies source quad).
Parameters:
this : Quad . Source quad.
x : int . Value at the x axis.
y : float . Value at the y axis.
Returns: Source Quad.
set_position_a(this, position)
Set the position of corner `a` (modifies source quad).
Parameters:
this : Quad . Source quad.
position : Vector2 . New position.
Returns: Source Quad.
set_position_b(this, x, y)
Set the position of corner `b` (modifies source quad).
Parameters:
this : Quad . Source quad.
x : int . Value at the x axis.
y : float . Value at the y axis.
Returns: Source Quad.
set_position_b(this, position)
Set the position of corner `b` (modifies source quad).
Parameters:
this : Quad . Source quad.
position : Vector2 . New position.
Returns: Source Quad.
set_position_c(this, x, y)
Set the position of corner `c` (modifies source quad).
Parameters:
this : Quad . Source quad.
x : int . Value at the x axis.
y : float . Value at the y axis.
Returns: Source Quad.
set_position_c(this, position)
Set the position of corner `c` (modifies source quad).
Parameters:
this : Quad . Source quad.
position : Vector2 . New position.
Returns: Source Quad.
set_position_d(this, x, y)
Set the position of corner `d` (modifies source quad).
Parameters:
this : Quad . Source quad.
x : int . Value at the x axis.
y : float . Value at the y axis.
Returns: Source Quad.
set_position_d(this, position)
Set the position of corner `d` (modifies source quad).
Parameters:
this : Quad . Source quad.
position : Vector2 . New position.
Returns: Source Quad.
set_style(this, bg_color, line_color, line_style, line_width)
Update quad style options (modifies Source quad).
Parameters:
this : Quad . Source quad.
bg_color : color . Color of the background.
line_color : color . Color of the line.
line_style : string . Style of the line.
line_width : int . Width of the line.
Returns: Source Quad.
set_bg_color(this, bg_color)
Update quad style options (modifies Source quad).
Parameters:
this : Quad . Source quad.
bg_color : color . Color of the background.
Returns: Source Quad.
set_line_color(this, line_color)
Update quad style options (modifies Source quad).
Parameters:
this : Quad . Source quad.
line_color : color . Color of the line.
Returns: Source Quad.
set_line_style(this, line_style)
Update quad style options (modifies Source quad).
Parameters:
this : Quad . Source quad.
line_style : string . Style of the line.
Returns: Source Quad.
set_line_width(this, line_width)
Update quad style options (modifies Source quad).
Parameters:
this : Quad . Source quad.
line_width : int . Width of the line.
Returns: Source Quad.
move(this, x, y)
Move quad by provided amount (modifies source quad).
Parameters:
this : Quad . Source quad.
x : float . Amount to move the vertices of the quad in the x axis.
y : float . Amount to move the vertices of the quad in the y axis.
Returns: Source Quad.
move(this, amount)
Move quad by provided amount (modifies source quad).
Parameters:
this : Quad . Source quad.
amount : Vector2 . Amount to move the vertices of the quad in the x and y axis.
Returns: Source Quad.
rotate_around(this, center, angle)
Rotate source quad around a center (modifies source quad).
Parameters:
this : Quad . Source quad.
center : Vector2 . Center coordinates of the rotation.
angle : float . Value of angle in degrees.
Returns: Source Quad.
rotate_around(this, center_x, center_y, angle)
Rotate source quad around a center (modifies source quad).
Parameters:
this : Quad . Source quad.
center_x : int . Center coordinates of the rotation.
center_y : float . Center coordinates of the rotation.
angle : float . Value of angle in degrees.
Returns: Source Quad.
Vector2DrawTriangleLibrary "Vector2DrawTriangle"
Functions to draw a triangle and manipulate its properties.
new(a, b, c, xloc, bg_color, line_color, line_style, line_width)
Draws a triangle with background fill using line prototype.
Parameters:
a : v2 . Vector2 object, in the form `(x, y)`.
b : v2 . Vector2 object, in the form `(x, y)`.
c : v2 . Vector2 object, in the form `(x, y)`.
xloc : string . Type of axis unit, bar_index or time.
bg_color : color . Color of the background.
line_color : color . Color of the line.
line_style : string . Style of the line.
line_width : int . Width of the line.
Returns: Triangle object.
copy(this)
Copy a existing triangle object.
Parameters:
this : Triangle . Source triangle.
Returns: Triangle.
set_position_a(this, x, y)
Set the position of corner `a` (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
x : int . Value at the x axis.
y : float . Value at the y axis.
Returns: Source Triangle.
set_position_a(this, position)
Set the position of corner `a` (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
position : Vector2 . New position.
Returns: Source Triangle.
set_position_b(this, x, y)
Set the position of corner `b` (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
x : int . Value at the x axis.
y : float . Value at the y axis.
Returns: Source Triangle.
set_position_b(this, position)
Set the position of corner `b` (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
position : Vector2 . New position.
Returns: Source Triangle.
set_position_c(this, x, y)
Set the position of corner `c` (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
x : int . Value at the x axis.
y : float . Value at the y axis.
Returns: Source Triangle.
set_position_c(this, position)
Set the position of corner `c` (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
position : Vector2 . New position.
Returns: Source Triangle.
set_style(this, bg_color, line_color, line_style, line_width)
Update triangle style options (modifies Source triangle).
Parameters:
this : Triangle . Source triangle.
bg_color : color . Color of the background.
line_color : color . Color of the line.
line_style : string . Style of the line.
line_width : int . Width of the line.
Returns: Source Triangle.
set_bg_color(this, bg_color)
Update triangle style options (modifies Source triangle).
Parameters:
this : Triangle . Source triangle.
bg_color : color . Color of the background.
Returns: Source Triangle.
set_line_color(this, line_color)
Update triangle style options (modifies Source triangle).
Parameters:
this : Triangle . Source triangle.
line_color : color . Color of the line.
Returns: Source Triangle.
set_line_style(this, line_style)
Update triangle style options (modifies Source triangle).
Parameters:
this : Triangle . Source triangle.
line_style : string . Style of the line.
Returns: Source Triangle.
set_line_width(this, line_width)
Update triangle style options (modifies Source triangle).
Parameters:
this : Triangle . Source triangle.
line_width : int . Width of the line.
Returns: Source Triangle.
move(this, x, y)
Move triangle by provided amount (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
x : float . Amount to move the vertices of the triangle in the x axis.
y : float . Amount to move the vertices of the triangle in the y axis.
Returns: Source Triangle.
move(this, amount)
Move triangle by provided amount (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
amount : Vector2 . Amount to move the vertices of the triangle in the x and y axis.
Returns: Source Triangle.
rotate_around(this, center, angle)
Rotate source triangle around a center (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
center : Vector2 . Center coordinates of the rotation.
angle : float . Value of angle in degrees.
Returns: Source Triangle.
rotate_around(this, center_x, center_y, angle)
Rotate source triangle around a center (modifies source triangle).
Parameters:
this : Triangle . Source triangle.
center_x : int . Center coordinates of the rotation.
center_y : float . Center coordinates of the rotation.
angle : float . Value of angle in degrees.
Returns: Source Triangle.
Plotchar - How to draw external symbols on a chartHey everyone
It's been a while :) but still on holidays and working on the website. I'll resume the scripts sharing shortly once I'll get back home
For today, I wanted to share a very useful script that is going to make you a top of money 100% guaranteed and you'll even have a Lamborghini delivered at your place by tomorrow... (imagine some followers would believe me for this)
This "script" is a proof of concept that you can draw external Unicode symbols on a chart.
If you're tired with the plotshape shapes by default, you can use some others - I usually find mine there emojipedia.org
What are the use cases?
- Draw a dead skeleton when your stop-loss is hit
- Draw a winning cup when your take profit is hit
- Draw a coffin when you run out of capital
FAQ
Q: Does this script has any interest?
A: I'm not sure myself
Q: Will you make money using it?
A: I'm not a financial advisor but ... very likely NO
Q: Is it cool though?
A: Hell yeah!!
Be sure to hit the thumbs up so that I'll share real scripts the next times and not "joke scripts". I promise it's the first and last time I'm sharing such a script
Dave
____________________________________________________________
- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
draw line at bar on condition, up to 40 bars in lengthDraws line at bar on condition, up to 40 bars in length.
Well, that's not a line, but a set of `—` characters. But it looks like a line, so it is line.
