OPEN-SOURCE SCRIPT

RRS Separator 3

This Pine Script indicator, titled "RRS Separator 3", is designed to draw vertical lines on a chart to separate different time frames. Here's a breakdown of its main features:
1.Time Frame Separators: The script draws vertical lines to mark the beginning of 5-minute, 15-minute, 1-hour, and 4-hour intervals on intraday charts.
2.Customizable Appearance: Users can customize the appearance of each time frame's separator lines, including:
Visibility (show/hide)
Color
Line style (solid, dashed, or dotted)
Line width
3.Dynamic Line Drawing: The script calculates the positions for future time frame separators and draws them in advance, extending beyond the current bar.
4.Compatibility: It's designed to work on various intraday time frames, adjusting its behavior based on the chart's current time frame.
5.Efficient Line Management: The script uses arrays to manage the drawn lines, clearing old lines and redrawing them on each update to ensure accuracy and prevent clutter.
6.Time Calculations: It performs various time-related calculations to determine the correct positioning of lines for each time frame.
7.Conditional Drawing: Lines are only drawn if they meet certain conditions (e.g., the chart's time frame is smaller than the separator's time frame).
8.Performance Considerations: The script includes max_bars_back and max_lines_count parameters to manage memory usage and performance.
Cyclesmultitimeframe

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

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