horizontal line at the PREVIOUS WEEKLY candle

C

CTT

New member
Hi! I'm new to ThinkScript. I'm hoping someone can help me to write a simple script to automate the task of drawing a simple white horizontal line at the center of the PREVIOUS WEEKLY candle (between the high and low for the week), that extends the entire length of the chart. I would also like to label this line "Weekly Line In The Sand" with the price bubble on the right axis.

If someone can help me with this I would really appreciate it. I have spent all day looking for a simple indicator or script to do this in Think or Swim without success.
 
Solution
S
CTT said:
Hi! I'm new to ThinkScript. I'm hoping someone can help me to write a simple script to automate the task of drawing a simple white horizontal line at the center of the PREVIOUS WEEKLY candle (between the high and low for the week), that extends the entire length of the chart. I would also like to label this line "Weekly Line In The Sand" with the price bubble on the right axis.

If someone can help me with this I would really appreciate it. I have spent all day looking for a simple indicator or script to do this in Think or Swim without success.
Click to expand...


See if this helps

Capture.jpg
Ruby: 
def weekly_HL2       = if isnan(close(period=aggregationPeriod.WEEK))
                       then weekly_HL2[1]
                       else...
Click to expand...
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CTT said:
Hi! I'm new to ThinkScript. I'm hoping someone can help me to write a simple script to automate the task of drawing a simple white horizontal line at the center of the PREVIOUS WEEKLY candle (between the high and low for the week), that extends the entire length of the chart. I would also like to label this line "Weekly Line In The Sand" with the price bubble on the right axis.

If someone can help me with this I would really appreciate it. I have spent all day looking for a simple indicator or script to do this in Think or Swim without success.
Click to expand...


See if this helps

Capture.jpg
Ruby: 
def weekly_HL2       = if isnan(close(period=aggregationPeriod.WEEK))
                       then weekly_HL2[1]
                       else HL2(period=aggregationPeriod.WEEK);

plot prev_weekly_HL2 = weekly_HL2[1];
prev_weekly_HL2.setpaintingStrategy(paintingStrategy.HORIZONTAL);

input showbubble  = yes;
input bubblemover = 7;
def bm  = bubblemover;
def bm1 = bm + 1;
addchartBubble(showbubble and isnan(close[bm]) and !isnan(close[bm1]),
               prev_weekly_HL2[bm], "Weekly Line in the Sand",
               prev_weekly_HL2.takevalueColor());
Click to expand...
 
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Solution

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Code: 
input higherTimeFrame = AggregationPeriod.WEEK;

plot PREvLOW =  low(period = higherTimeFrame )[1];
PREvLOW.SetLineWeight(3);
PREvLOW.SetDefaultColor(Color.UPTICK);
PREvLOW.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
plot PREvHIGH =  high(period = higherTimeFrame )[1];
PREvHIGH.SetLineWeight(3);
PREvHIGH.SetDefaultColor(Color.DOWNTICK);
PREvHIGH.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
 
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Code: 
input higherTimeFrame = AggregationPeriod.WEEK;

plot PREvLOW =  low(period = higherTimeFrame )[1];
PREvLOW.SetLineWeight(3);
PREvLOW.SetDefaultColor(Color.UPTICK);
PREvLOW.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
plot PREvHIGH =  high(period = higherTimeFrame )[1];
PREvHIGH.SetLineWeight(3);
PREvHIGH.SetDefaultColor(Color.DOWNTICK);
PREvHIGH.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
plot mid = (prevHIGH + prevLOW)/2;
mid.SetLineWeight(3);
mid.SetDefaultColor(Color.white);
mid.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

DEF bubblemover = 7;
def bm  = bubblemover;
def bm1 = bm + 1;

addchartBubble(YES and isnan(close[bm]) and !isnan(close[bm1]),
               mid[bm], "Weekly Line in the Sand",
              Color.WHITE, yes);

addchartBubble(YES and isnan(close[bm]) and !isnan(close[bm1]),
               PREvLOW[bm], "PREVious LOW $",
              Color.UPTICK, NO);

addchartBubble(YES and isnan(close[bm]) and !isnan(close[bm1]),
               PREvHIGH[bm], "PREVious HIGH $",
              Color.DOWNTICK, yes);
 
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Cwparker23 said:
Code: 
input higherTimeFrame = AggregationPeriod.WEEK;

plot PREvLOW =  low(period = higherTimeFrame )[1];
PREvLOW.SetLineWeight(3);
PREvLOW.SetDefaultColor(Color.UPTICK);
PREvLOW.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
plot PREvHIGH =  high(period = higherTimeFrame )[1];
PREvHIGH.SetLineWeight(3);
PREvHIGH.SetDefaultColor(Color.DOWNTICK);
PREvHIGH.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
Click to expand...
Thank you so much!
SleepyZ said:
See if this helps
Click to expand...
SleepyZ, that is exactly what I have been looking for! Thank you! I am also looking to draw another Line In The Sand at the previous day's close and label that one "DAILY Line In The Sand". Can this script be easily modified to do this? Example, by replacing the word WEEK with DAY? Please advise.
 
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As an alternative I found this script in the forum that prints out the horizontal line.......but it lacks the bubble label "DAILY Line In The Sand":



input daysback = 1;
plot close_priordays = HighestAll(if IsNaN(close[-1]) and !IsNaN(close)
then close(period = AggregationPeriod.DAY)[daysback]
else Double.NaN);

Please advise. Your assistance is much appreciated!
 
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CTT said:
Thank you so much!

SleepyZ, that is exactly what I have been looking for! Thank you! I am also looking to draw another Line In The Sand at the previous day's close and label that one "DAILY Line In The Sand". Can this script be easily modified to do this? Example, by replacing the word WEEK with DAY? Please advise.
Click to expand...
Yes
Code: 
#https://youtu.be/qSn1cyJZztE
input higherTimeFrame = AggregationPeriod.WEEK;
input Lookback = 1;
plot PREvLOW =  low(period = higherTimeFrame )[Lookback ];
PREvLOW.SetLineWeight(3);
PREvLOW.SetDefaultColor(Color.UPTICK);
PREvLOW.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
plot PREvHIGH =  high(period = higherTimeFrame )[Lookback ];
PREvHIGH.SetLineWeight(3);
PREvHIGH.SetDefaultColor(Color.DOWNTICK);
PREvHIGH.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
plot PREvCLOSE =  CLOSE(period = higherTimeFrame )[Lookback ];
PREvCLOSE.SetLineWeight(3);
PREvCLOSE.SetDefaultColor(Color.PLUM);
PREvCLOSE.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

plot mid = (prevHIGH + prevLOW)/2;
mid.SetLineWeight(3);
mid.SetDefaultColor(Color.white);
mid.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

AddChartBubble(BarNumber() == HighestAll(BarNumber())  and YES, Round(mid), "MID Line in the Sand: " + Round(mid), Color.WHITE);

AddChartBubble(BarNumber() == HighestAll(BarNumber())  and YES, Round(PREvHIGH), "PREVious HIGH $: " + Round(PREvHIGH), Color.RED);

AddChartBubble(BarNumber() == HighestAll(BarNumber())  and YES, Round(PREvLOW), "PREVious LOW $: " + Round(PREvLOW), Color.GREEN);

AddChartBubble(BarNumber() == HighestAll(BarNumber())  and YES, Round(PREvCLOSE), "CLOSE Line In The Sand $: " + Round(PREvCLOSE), Color.PLUM);
 
Last edited:
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Cwparker23 said:
Yes
Code: 
input higherTimeFrame = AggregationPeriod.WEEK;

plot PREvLOW =  low(period = higherTimeFrame )[1];
PREvLOW.SetLineWeight(3);
PREvLOW.SetDefaultColor(Color.UPTICK);
PREvLOW.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
plot PREvHIGH =  high(period = higherTimeFrame )[1];
PREvHIGH.SetLineWeight(3);
PREvHIGH.SetDefaultColor(Color.DOWNTICK);
PREvHIGH.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
plot PREvCLOSE =  CLOSE(period = higherTimeFrame )[1];
PREvCLOSE.SetLineWeight(3);
PREvCLOSE.SetDefaultColor(Color.PLUM);
PREvCLOSE.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

plot mid = (prevHIGH + prevLOW)/2;
mid.SetLineWeight(3);
mid.SetDefaultColor(Color.white);
mid.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

AddChartBubble(BarNumber() == HighestAll(BarNumber())  and YES, Round(mid), "MID Line in the Sand: " + Round(mid), Color.WHITE);

AddChartBubble(BarNumber() == HighestAll(BarNumber())  and YES, Round(PREvHIGH), "PREVious HIGH $: " + Round(PREvHIGH), Color.RED);

AddChartBubble(BarNumber() == HighestAll(BarNumber())  and YES, Round(PREvLOW), "PREVious LOW $: " + Round(PREvLOW), Color.GREEN);

AddChartBubble(BarNumber() == HighestAll(BarNumber())  and YES, Round(PREvCLOSE), "CLOSE Line In The Sand $: " + Round(PREvCLOSE), Color.PLUM);
Click to expand...

Yes, as follows:

Code: 
input higherTimeFrame = AggregationPeriod.DAY;
 
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Resiliencetrader said:
can you make it show the label on the chart? if i dont want the line on the chart? Thank you
Click to expand...

This has options to show or not, lines, bubbles and/or labels. The default is just to show labels.

Code: 
input higherTimeFrame = AggregationPeriod.WEEK;

input lines = no;
plot PREvLOW =  low(period = higherTimeFrame )[1];
PREvLOW.SetLineWeight(3);
PREvLOW.SetDefaultColor(Color.UPTICK);
PREvLOW.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
PREvLOW.sethiding(!lines);
plot PREvHIGH =  high(period = higherTimeFrame )[1];
PREvHIGH.SetLineWeight(3);
PREvHIGH.SetDefaultColor(Color.DOWNTICK);
PREvHIGH.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
PREvHIGH.sethiding(!lines);
plot PREvCLOSE =  CLOSE(period = higherTimeFrame )[1];
PREvCLOSE.SetLineWeight(3);
PREvCLOSE.SetDefaultColor(Color.PLUM);
PREvCLOSE.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
PREvCLOSE.sethiding(!lines);
plot mid = (prevHIGH + prevLOW)/2;
mid.SetLineWeight(3);
mid.SetDefaultColor(Color.white);
mid.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
mid.sethiding(!lines);

input bubbles = no;
AddChartBubble(bubbles and BarNumber() == HighestAll(BarNumber())  and YES, Round(mid), "MID Line in the Sand: " + Round(mid), Color.WHITE);

AddChartBubble(bubbles and BarNumber() == HighestAll(BarNumber())  and YES, Round(PREvHIGH), "PREVious HIGH $: " + Round(PREvHIGH), Color.RED);

AddChartBubble(bubbles and BarNumber() == HighestAll(BarNumber())  and YES, Round(PREvLOW), "PREVious LOW $: " + Round(PREvLOW), Color.GREEN);

AddChartBubble(bubbles and BarNumber() == HighestAll(BarNumber())  and YES, Round(PREvCLOSE), "CLOSE Line In The Sand $: " + Round(PREvCLOSE), Color.PLUM);

input labels = yes;
Addlabel(labels,  "MID Line in the Sand: " + Round(mid), Color.WHITE);

Addlabel(labels, "PREVious HIGH $: " + Round(PREvHIGH), Color.RED);

Addlabel(labels, "PREVious LOW $: " + Round(PREvLOW), Color.GREEN);

Addlabel(labels, "CLOSE Line In The Sand $: " + Round(PREvCLOSE), Color.PLUM);
Click to expand...
 
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