Original (Simple Horizontal Value and Offsets/ SHV ) Requested by @TAFA94
Description:
**NOTE**
Cheers!
Description:
- Simple adjustable incremented horizontal offset lines extending up and down from a Median point.
- Set full value for manual Median point control, or set an incremental rounding value for auto Median adjustment.
- Source and look-back period inputs for fine tuning auto adjust.
- Auto adjust on by default - can be toggled off for straight manual control.
**NOTE**
- All values will likely need to be changed immediately on applying this script, in order to properly fit your charts specific price/value range and/or time resolution.
Cheers!
//@version=2 study(title="Simple Horizontal Value and Offsets [Auto Shift]", shorttitle="SHV_AS", overlay=true) // Revision: 1 // Author: JayRogers // // Description: // - Original (Simple Horizontal Value and Offsets/SHV) Requested by @TAFA94 // - Simple horizontal values extending up and down from a median value. // - Set Median Value, and set offset values. Simples. // // r2 Changes/Description: // - Source Look-Back and rounding for automatically adjusting median point to closest specified value // - True/False toggle for lookback in case you want to keep it all manual. // - INPUTS START manualMed = input(defval=1.09, title="Manual Median Value [Full]") offsetVal = input(defval=0.0025, title="Offset Value [+/- line increments]") autoMed = input(defval=true, title="Auto adjust Median based on Look-Back Period?") autoRnd = input(defval=0.005, title="Auto Median Rounding Value [Incremental]") autoSrc = input(defval=open, title="Look-Back Rounding Source") autoLen = input(defval=60, title="Look-Back Period") // - INPUTS END // - FUNCTIONS START // Get the rounded median point medianRound() => round((sum(autoSrc, autoLen) / autoLen) / autoRnd) * autoRnd // Offset multiplier function. offsetMult(num) => num * offsetVal // Are we auto adjusting the median? getMedian() => autoMed ? medianRound() : manualMed // - FUNCTIONS END // - PLOTTING START // Style variables for quicker edits lc = aqua // color basis sto = circles // odd line style ste = circles // even line style tro = 50 // odd line transparency tre = 25 // even line transparency // Median line midline = plot(getMedian(), title="Median Line", color=lc, style=line, linewidth=2, transp=30) // Upward offsets plus1 = plot(getMedian() + offsetMult(1), title="Plus 1", color=lc, style=sto, transp=tro) plus2 = plot(getMedian() + offsetMult(2), title="Plus 2", color=lc, style=ste, transp=tre) plus3 = plot(getMedian() + offsetMult(3), title="Plus 3", color=lc, style=sto, transp=tro) plus4 = plot(getMedian() + offsetMult(4), title="Plus 4", color=lc, style=ste, transp=tre) plus5 = plot(getMedian() + offsetMult(5), title="Plus 5", color=lc, style=sto, transp=tro) plus6 = plot(getMedian() + offsetMult(6), title="Plus 6", color=lc, style=ste, transp=tre) plus7 = plot(getMedian() + offsetMult(7), title="Plus 7", color=lc, style=sto, transp=tro) plus8 = plot(getMedian() + offsetMult(8), title="Plus 8", color=lc, style=ste, transp=tre) plus9 = plot(getMedian() + offsetMult(9), title="Plus 9", color=lc, style=sto, transp=tro) plus10 = plot(getMedian() + offsetMult(10), title="Plus 10", color=lc, style=ste, transp=tre) // Downward offsets minus1 = plot(getMedian() - offsetMult(1), title="minus 1", color=lc, style=sto, transp=tro) minus2 = plot(getMedian() - offsetMult(2), title="minus 2", color=lc, style=ste, transp=tre) minus3 = plot(getMedian() - offsetMult(3), title="minus 3", color=lc, style=sto, transp=tro) minus4 = plot(getMedian() - offsetMult(4), title="minus 4", color=lc, style=ste, transp=tre) minus5 = plot(getMedian() - offsetMult(5), title="minus 5", color=lc, style=sto, transp=tro) minus6 = plot(getMedian() - offsetMult(6), title="minus 6", color=lc, style=ste, transp=tre) minus7 = plot(getMedian() - offsetMult(7), title="minus 7", color=lc, style=sto, transp=tro) minus8 = plot(getMedian() - offsetMult(8), title="minus 8", color=lc, style=ste, transp=tre) minus9 = plot(getMedian() - offsetMult(9), title="minus 9", color=lc, style=sto, transp=tro) minus10 = plot(getMedian() - offsetMult(10), title="minus 10", color=lc, style=ste, transp=tre) // - PLOTTING END