Hey all. I've been trying to add horizontal lines to this modified indicator but am having some trouble. When I use the horizontal painting strategy instead of boolean arrows it compresses the chart and adds the lines at the very bottom. Instead, I'd prefer for the lines to begin at the high or low of the candle and extend to the right until the line is touched. Can someone assist with this issue?
Code:
# # Sources:
# best with 5 mins timeframe.
# concept from shadowtrader.net
# coded by TWOO
# https://www.spglobal.com/spdji/en/indices/equity/sp-500/#data
# sector-breakdown
# modified by CWPARKER23
# Modified by MTG to include DTSScalpersVolume and $Tick
input startTime = 0400;
input endTime = 0929;
input open_time = 930;
input length = 12;
input ShowLabel = yes;
input PriceChannel = yes;
input ShowArrow = no;
input ShowCloud = no;
input InformationTechnology = 26.8; # xlkwt
input HealthCare = 15.1; # xlvwt
input Financials = 10.8; # xlfwt
input ConsumerDiscretionary = 10.5; # xlywt
input Communications = 8.9; # xlcwt
input Industrials = 7.8; # xliwt
input ConsumerStaples = 7.0; # xlpwt
input Energy = 4.4; # xlewt
input Utilities = 3.1; # xluwt
input RealEstate = 2.9; # xlrewt
input Materials = 2.6; # xlbwt
def startCounter = SecondsFromTime(startTime);
def endCounter = SecondsTillTime(endTime);
def targetPeriod = if startCounter >= 0 and endCounter >= 0 then 1 else 0;
rec volumeTotal = if targetPeriod and !targetPeriod[1] then volume else if targetPeriod then volumeTotal[1] + volume else volumeTotal[1];
def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def Buying = V * (C - L) / (H - L);
def Selling = V * (H - C) / (H - L);
def BV = Buying;
def SV = Selling;
def VolumeHistogram = volume;
# Average Volume Line
def AverageVolume = Average(VolumeHistogram, 40);
def isTickChart = if GetAggregationPeriod() <= 3200 then 1 else 0;
def na = double.NaN ;
def SectorCount = 11;
def Scale = 5000;
def displace = 0;
#### COLORS
DefineGlobalColor("Bullish", Color.cyan);
DefineGlobalColor("Bearish", Color.pink);
DefineGlobalColor("Channel", CreateColor(100, 181, 246));
#SP500 ETF sectors percent change
script PC {
input Symbol = "SPX";
def isFirstBar = GetTime() == RegularTradingStart(GetYYYYMMDD()) + 1;
def O = if isFirstBar then close(Symbol) else O[1];
def C = close(Symbol);
plot PctChg = (C - O) / O;
}
def xlkPctChg = PC("XLK");
def xlyPctChg = PC("XLY");
def xlvPctChg = PC("XLV");
def xlfPctChg = PC("XLF");
def xlcPctChg = PC("XLC");
def xliPctChg = PC("XLI");
def xlpPctChg = PC("XLP");
def xlrePctChg = PC("XLRE");
def xlePctChg = PC("XLE");
def xlbPctChg = PC("XLB");
def xluPctChg = PC("XLU");
def xlkSizing = xlkPctChg * InformationTechnology;
def xlvSizing = xlvPctChg * HealthCare;
def xlySizing = xlyPctChg * ConsumerDiscretionary;
def xlfSizing = xlfPctChg * Financials;
def xlcSizing = xlcPctChg * Communications;
def xliSizing = xliPctChg * Industrials;
def xlpSizing = xlpPctChg * ConsumerStaples;
def xleSizing = xlePctChg * Energy;
def xlreSizing = xlrePctChg * RealEstate;
def xlbSizing = xlbPctChg * Materials;
def xluSizing = xluPctChg * Utilities;
def combinedSizing = Scale * (
xlkSizing +
xlvSizing +
xlySizing +
xlfSizing +
xlcSizing +
xliSizing +
xlpSizing +
xleSizing +
xlreSizing +
xlbSizing +
xluSizing
) / SectorCount;
# Weighted_AD
def Weighted_AD = if !IsNaN(combinedSizing) then combinedSizing else na;
#Zeroline
def zero = 0;
# SPX Non_Weighted_AD
def spxcombinedSizing = Scale *
(xlkPctChg +
xlvPctChg +
xlyPctChg +
xlfPctChg +
xlcPctChg +
xliPctChg +
xlpPctChg +
xlePctChg +
xlrePctChg +
xlbPctChg +
xluPctChg);
def Non_Weighted_AD = if !IsNaN(spxcombinedSizing) then spxcombinedSizing else na;
# divergence Weighted_AD
def isbulldiv = (weighted_AD - weighted_AD[1] )>0 and (LOW[1] - LOW)>0;
def isbeardiv = (weighted_AD[1] - weighted_AD )>0 and (HIGH - HIGH[1])>0;
def PositveDivergence = if isbulldiv then non_Weighted_AD else na;
plot PD = if ShowArrow then PositveDivergence else na;
PD.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
PD.SetDefaultColor(Color.WHITE);
PD.HideBubble();
PD.HideTitle();
def NegativeDivergence = if isbeardiv then non_Weighted_AD else na;
plot ND = if ShowArrow then NEGativeDivergence else na;
ND.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
ND.SetDefaultColor(Color.YELLOW);
ND.HideBubble();
ND.HideTitle();
#SP500 ETF sectors BUBBLE
Script pct {
input Symbol = "SPX";
def aggregationPeriod = AggregationPeriod.DAY;
def price = open(Symbol, period = aggregationPeriod);
def diff = close (Symbol) - open(Symbol, period = aggregationPeriod);
plot d_pct = 100 * diff / price;
}
def XLK_d_pct = pct(“XLK”) ;
def XLV_d_pct = pct(“XLV”) ;
def XLY_d_pct = pct(“XLY”) ;
def XLC_d_pct = pct(“XLC”) ;
def XLF_d_pct = pct(“XLF”) ;
def XLI_d_pct = pct(“XLI”) ;
def XLP_d_pct = pct(“XLP”) ;
def XLRE_d_pct = pct(“XLRE”) ;
def XLB_d_pct = pct(“XLB”) ;
def XLU_d_pct = pct(“XLU”) ;
def XLE_d_pct = pct(“XLE”) ;
def TickLow = low("$TICK");
def TickHigh = high ("$TICK");
def Condition = if
weighted_AD>=40 and ticklow <=-450
then 1 else Double.NaN;
plot A = Condition;
A.SetPaintingStrategy(paintingStrategy = PaintingStrategy.BOOLEAN_ARROW_up);
def Condition1 = if
weighted_AD<=-40 and tickhigh >=450
then 1 else Double.NaN;
plot B = Condition1;
B.SetPaintingStrategy(paintingStrategy = PaintingStrategy.BOOLEAN_ARROW_down);
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