OPEN-SOURCE SCRIPT
Horizontal lines by Aydmaxx
Indicator Description: Horizontal Lines by Aydmaxx
This indicator plots customizable horizontal lines on the chart to assist with technical analysis. It allows traders to define a starting price and a step size (gap) between the lines, making it versatile for a variety of strategies, such as identifying support, resistance, or key price levels.
How to Use:
Starting Price (Bottom): Enter the price level where the first (lowest) line should begin. This is your base level.
Example: If you're analyzing a market with prices around 2550, you can set this value to 2550 to align the indicator with your focus.
Gap (Step Size): Specify the interval or step size between consecutive lines.
Example: If you want lines every 10 points, set this value to 10.
Number of Lines: Adjust the total number of lines to display on the chart.
Line Style and Width: Customize the appearance of the lines (solid, dashed, dotted) and their thickness.
Line Colors and Transparency: Choose primary and secondary colors for alternating lines, and adjust the transparency to match your visual preferences.
This indicator is ideal for visualizing price zones and can be tailored to suit any trading style. Adjust the parameters based on your market analysis to highlight key price levels effectively.
This indicator plots customizable horizontal lines on the chart to assist with technical analysis. It allows traders to define a starting price and a step size (gap) between the lines, making it versatile for a variety of strategies, such as identifying support, resistance, or key price levels.
How to Use:
Starting Price (Bottom): Enter the price level where the first (lowest) line should begin. This is your base level.
Example: If you're analyzing a market with prices around 2550, you can set this value to 2550 to align the indicator with your focus.
Gap (Step Size): Specify the interval or step size between consecutive lines.
Example: If you want lines every 10 points, set this value to 10.
Number of Lines: Adjust the total number of lines to display on the chart.
Line Style and Width: Customize the appearance of the lines (solid, dashed, dotted) and their thickness.
Line Colors and Transparency: Choose primary and secondary colors for alternating lines, and adjust the transparency to match your visual preferences.
This indicator is ideal for visualizing price zones and can be tailored to suit any trading style. Adjust the parameters based on your market analysis to highlight key price levels effectively.
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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