How to plot horizontal lines at price levels where the price ends with a certain number

ikymerai

New member
Hi All,

New to the forum and trying to learn thinkscript...I'd like to create an indicator that plots horizontal lines at price levels where the price ends with a certain number (user input number), i.e. userPriceEndsWith = "1.50" so we want to plot horizontal lines at every price level on the chart where the price ends with "1.50"

What I'd like to do is plot horizontal lines at 1.50, 11.50, 21.50, 31.50 etc

How can one do this in thinkscript? Are there loops in the language? Any example(s) would be greatly appreciated

Thanks in advance for all your help!

Adam
 
Solution
Hi All,

New to the forum and trying to learn thinkscript...I'd like to create an indicator that plots horizontal lines at price levels where the price ends with a certain number (user input number), i.e. userPriceEndsWith = "1.50" so we want to plot horizontal lines at every price level on the chart where the price ends with "1.50"

What I'd like to do is plot horizontal lines at 1.50, 11.50, 21.50, 31.50 etc

How can one do this in thinkscript? Are there loops in the language? Any example(s) would be greatly appreciated

Thanks in advance for all your help!

Adam

you will need a plot function for each line you want. fold loops can repeat a formula x times, but it returns 1 number value. they can't include a plot. you can't...
Hi All,

New to the forum and trying to learn thinkscript...I'd like to create an indicator that plots horizontal lines at price levels where the price ends with a certain number (user input number), i.e. userPriceEndsWith = "1.50" so we want to plot horizontal lines at every price level on the chart where the price ends with "1.50"

What I'd like to do is plot horizontal lines at 1.50, 11.50, 21.50, 31.50 etc

How can one do this in thinkscript? Are there loops in the language? Any example(s) would be greatly appreciated

Thanks in advance for all your help!

Adam

you will need a plot function for each line you want. fold loops can repeat a formula x times, but it returns 1 number value. they can't include a plot. you can't have a loop repeat a plot many times.

below are ideas and formulas, may not be exact thinkscript codes.
the below formulas create instantaneous values.
you will have to search and find a study code that plots price line levels.

so you may want to do something like draw 3 lines above the current price, and 3 lines below it.
you could create a formula to find a multiple of 10, that is closest to the current price. call it baseline.

def basefactor = round( close /10, 0);
def baseline = basefactor * 10;

then add 3 numbers to it for lines above and subtract 3 numbers, for lines below.

def line1up = baseline + (10 + your number) ;
def line2up = baseline + (20 + your number) ;
def line3up = baseline + (30 + your number) ;

def line1dwn = baseline - (10 + your number) ;
def line2dwn = baseline - (20 + your number) ;
def line3dwn = baseline - (30 + your number);

then apply horizontal line formulas ( highestall(.... or whatever ) to each of the 7 values above.

here is an example code that draws a horizontal line.
https://usethinkscript.com/threads/how-to-plot-horizontal-line-in-thinkscript.836/#post-6832
 
Solution

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

you will need a plot function for each line you want. fold loops can repeat a formula x times, but it returns 1 number value. they can't include a plot. you can't have a loop repeat a plot many times.

here is a working study
it can plot up to 5 lines above and below the reference level, at some factor

Code:
# horz_lines_increm_near_close_0

# plot some quantity of horizontal lines,
# above and below a reference price near the close.
# the ref price is a multiple of the spacing_factor, that is closest to the close.

#https://usethinkscript.com/threads/how-to-plot-horizontal-lines-at-price-levels-where-the-price-ends-with-a-certain-number.7692/#post-74052

# Line At Price
# Mobius
# Alternative to using the HighestAll() function
def barsBack = 1000;
def c = if !IsNaN(close) and IsNaN(close[-1])
        then close
        else c[1];
#plot line = if isNaN(close[-barsBack])
def line = if isNaN(close[-barsBack])
            then c[-barsBack]
            else Double.NaN;
#line.SetLineWeight(1);
#line.SetDefaultColor(Color.LIME);
#line.SetStyle(Curve.MEDIUM_DASH);

def na = double.nan;
input quantity_of_lines = 4;
def q = quantity_of_lines;

input spacing_factor = 0.5;
def basefactor = round( line/spacing_factor, 0);
def baseline = basefactor * spacing_factor;

plot b = baseline;
b.SetLineWeight(1);
b.SetDefaultColor(Color.LIME);
b.SetStyle(Curve.MEDIUM_DASH);

addlabel(1, " ", color.black);
addlabel(1, "baseline " + baseline, color.yellow);

plot line5up = if 5 > q then na else baseline + (spacing_factor * 5);
plot line4up = if 4 > q then na else baseline + (spacing_factor * 4);
plot line3up = if 3 > q then na else baseline + (spacing_factor * 3);
plot line2up = if 2 > q then na else baseline + (spacing_factor * 2);
plot line1up = if 1 > q then na else baseline + (spacing_factor * 1);

plot line1dwn = if 1 > q then na else baseline - (spacing_factor * 1);
plot line2dwn = if 2 > q then na else baseline - (spacing_factor * 2);
plot line3dwn = if 3 > q then na else baseline - (spacing_factor * 3);
plot line4dwn = if 4 > q then na else baseline - (spacing_factor * 4);
plot line5dwn = if 5 > q then na else baseline - (spacing_factor * 5);
#


AAL 5min
line spacing = 0.1
quatity of line = 4
9uzMwZe.jpg

hal_horz
 
Last edited:
I changed this study slightly to meet my needs for trading futures. All lines are 1 color, 5 lines, in each direction, and they are demarcated by 100s.


Code:
# horz_lines_increm_near_close_0

# plot some quantity of horizontal lines,
# above and below a reference price near the close.
# the ref price is a multiple of the spacing_factor, that is closest to the close.

#https://usethinkscript.com/threads/how-to-plot-horizontal-lines-at-price-levels-where-the-price-ends-with-a-certain-number.7692/#post-74052

# Line At Price
# Mobius
# Alternative to using the HighestAll() function

# 1/11/2023 - Cribbage: made all lines 1 color, # of lines = 5, quantity = 100

def barsBack = 1000;
def c = if !IsNaN(close) and IsNaN(close[-1])
        then close
        else c[1];
#plot line = if isNaN(close[-barsBack])
def line = if isNaN(close[-barsBack])
            then c[-barsBack]
            else Double.NaN;
#line.SetLineWeight(2);
#line.SetDefaultColor(Color.LIME);
#line.SetStyle(Curve.MEDIUM_DASH);

def na = double.nan;
input quantity_of_lines = 5;
def q = quantity_of_lines;

input spacing_factor = 100;
def basefactor = round( line/spacing_factor, 0);
def baseline = basefactor * spacing_factor;

plot b = baseline;
b.SetLineWeight(2);
b.SetDefaultColor(Color.LIME);
b.SetStyle(Curve.MEDIUM_DASH);

addlabel(1, " ", color.black);
addlabel(1, "baseline " + baseline, color.yellow);

plot line5up = if 5 > q then na else baseline + (spacing_factor * 5);
plot line4up = if 4 > q then na else baseline + (spacing_factor * 4);
plot line3up = if 3 > q then na else baseline + (spacing_factor * 3);
plot line2up = if 2 > q then na else baseline + (spacing_factor * 2);
plot line1up = if 1 > q then na else baseline + (spacing_factor * 1);

line5up.SetDefaultColor(Color.LIME);
line5up.SetStyle(Curve.MEDIUM_DASH);
line5up.SetLineWeight(2);

line4up.SetDefaultColor(Color.LIME);
line4up.SetStyle(Curve.MEDIUM_DASH);
line4up.SetLineWeight(2);

line3up.SetDefaultColor(Color.LIME);
line3up.SetStyle(Curve.MEDIUM_DASH);
line3up.SetLineWeight(2);

line2up.SetDefaultColor(Color.LIME);
line2up.SetStyle(Curve.MEDIUM_DASH);
line2up.SetLineWeight(2);

line1up.SetDefaultColor(Color.LIME);
line1up.SetStyle(Curve.MEDIUM_DASH);
line1up.SetLineWeight(2);

plot line1dwn = if 1 > q then na else baseline - (spacing_factor * 1);
plot line2dwn = if 2 > q then na else baseline - (spacing_factor * 2);
plot line3dwn = if 3 > q then na else baseline - (spacing_factor * 3);
plot line4dwn = if 4 > q then na else baseline - (spacing_factor * 4);
plot line5dwn = if 5 > q then na else baseline - (spacing_factor * 5);

line5dwn.SetDefaultColor(Color.LIME);
line5dwn.SetStyle(Curve.MEDIUM_DASH);
line5dwn.SetLineWeight(2);

line4dwn.SetDefaultColor(Color.LIME);
line4dwn.SetStyle(Curve.MEDIUM_DASH);
line4dwn.SetLineWeight(2);

line3dwn.SetDefaultColor(Color.LIME);
line3dwn.SetStyle(Curve.MEDIUM_DASH);
line3dwn.SetLineWeight(2);

line2dwn.SetDefaultColor(Color.LIME);
line2dwn.SetStyle(Curve.MEDIUM_DASH);
line2dwn.SetLineWeight(2);

line1dwn.SetDefaultColor(Color.LIME);
line1dwn.SetStyle(Curve.MEDIUM_DASH);
line1dwn.SetLineWeight(2);

#
 
you will need a plot function for each line you want. fold loops can repeat a formula x times, but it returns 1 number value. they can't include a plot. you can't have a loop repeat a plot many times.

below are ideas and formulas, may not be exact thinkscript codes.
the below formulas create instantaneous values.
you will have to search and find a study code that plots price line levels.

so you may want to do something like draw 3 lines above the current price, and 3 lines below it.
you could create a formula to find a multiple of 10, that is closest to the current price. call it baseline.

def basefactor = round( close /10, 0);
def baseline = basefactor * 10;

then add 3 numbers to it for lines above and subtract 3 numbers, for lines below.

def line1up = baseline + (10 + your number) ;
def line2up = baseline + (20 + your number) ;
def line3up = baseline + (30 + your number) ;

def line1dwn = baseline - (10 + your number) ;
def line2dwn = baseline - (20 + your number) ;
def line3dwn = baseline - (30 + your number);

then apply horizontal line formulas ( highestall(.... or whatever ) to each of the 7 values above.

here is an example code that draws a horizontal line.
https://usethinkscript.com/threads/how-to-plot-horizontal-line-in-thinkscript.836/#post-6832
is there a way to change the B value to pick the daily open instead of current close price? I want to be able to draw lines above and below the daily open automatically. if possible be able to enter individual value to each line for example:

aboveline2 = +15
aboveline1 = +10
dailyopen price = 1
belowline1 = -5
belowline2 =-25

sorry for asking to custom this. this is actually a great study indicator.
 
is there a way to change the B value to pick the daily open instead of current close price? I want to be able to draw lines above and below the daily open automatically. if possible be able to enter individual value to each line for example:

aboveline2 = +15
aboveline1 = +10
dailyopen price = 1
belowline1 = -5
belowline2 =-25

sorry for asking to custom this. this is actually a great study indicator.

no need to be sorry, ask your questions.

here is a study that draws a horizontal line from the open of the day.
then draws up to 4 other lines, based on offset numbers.
if a number is 0, then no line is drawn.

Code:
# lines_from_dayopen

#https://usethinkscript.com/threads/how-to-plot-horizontal-lines-at-price-levels-where-the-price-ends-with-a-certain-number.7692/#post-122881
#post7
#is there a way to change the B value to pick the daily open instead of current close price? I want to be able to draw lines above and below the daily open automatically. if possible be able to enter individual value to each line for example:

#aboveline2 = +15
#aboveline1 = +10
#dailyopen price = 1
#belowline1 = -5
#belowline2 =-25


def na = double.nan;

input start = 0930;
def dayopen = if secondstillTime(start) == 0 then open else dayopen[1];

input aboveline2 = 15.0;
input aboveline1 = 10.0;
#dailyopen price = 1
input belowline1 = -5.0;
input belowline2 = -25.0;


plot zup2 = if aboveline2 == 0 then na else dayopen + aboveline2;
plot zup1 = if aboveline1 == 0 then na else dayopen + aboveline1;
plot z0 = dayopen;
plot zdwn1 = if belowline1 == 0 then na else dayopen + belowline1;
plot zdwn2 = if belowline2 == 0 then na else dayopen + belowline2;

zup2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup2.SetDefaultColor(Color.LIME);
zup2.SetStyle(Curve.MEDIUM_DASH);
zup2.SetLineWeight(2);
zup1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup1.SetDefaultColor(Color.LIME);
zup1.SetStyle(Curve.MEDIUM_DASH);
zup1.SetLineWeight(2);

z0.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
z0.SetDefaultColor(Color.magenta);
z0.SetStyle(Curve.short_DASH);
z0.SetLineWeight(2);

zdwn1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn1.SetDefaultColor(Color.LIME);
zdwn1.SetStyle(Curve.MEDIUM_DASH);
zdwn1.SetLineWeight(2);
zdwn2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn2.SetDefaultColor(Color.LIME);
zdwn2.SetStyle(Curve.MEDIUM_DASH);
zdwn2.SetLineWeight(2);
#
 
no need to be sorry, ask your questions.

here is a study that draws a horizontal line from the open of the day.
then draws up to 4 other lines, based on offset numbers.
if a number is 0, then no line is drawn.

Code:
# lines_from_dayopen

#https://usethinkscript.com/threads/how-to-plot-horizontal-lines-at-price-levels-where-the-price-ends-with-a-certain-number.7692/#post-122881
#post7
#is there a way to change the B value to pick the daily open instead of current close price? I want to be able to draw lines above and below the daily open automatically. if possible be able to enter individual value to each line for example:

#aboveline2 = +15
#aboveline1 = +10
#dailyopen price = 1
#belowline1 = -5
#belowline2 =-25


def na = double.nan;

input start = 0930;
def dayopen = if secondstillTime(start) == 0 then open else dayopen[1];

input aboveline2 = 15.0;
input aboveline1 = 10.0;
#dailyopen price = 1
input belowline1 = -5.0;
input belowline2 = -25.0;


plot zup2 = if aboveline2 == 0 then na else dayopen + aboveline2;
plot zup1 = if aboveline1 == 0 then na else dayopen + aboveline1;
plot z0 = dayopen;
plot zdwn1 = if belowline1 == 0 then na else dayopen + belowline1;
plot zdwn2 = if belowline2 == 0 then na else dayopen + belowline2;

zup2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup2.SetDefaultColor(Color.LIME);
zup2.SetStyle(Curve.MEDIUM_DASH);
zup2.SetLineWeight(2);
zup1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup1.SetDefaultColor(Color.LIME);
zup1.SetStyle(Curve.MEDIUM_DASH);
zup1.SetLineWeight(2);

z0.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
z0.SetDefaultColor(Color.magenta);
z0.SetStyle(Curve.short_DASH);
z0.SetLineWeight(2);

zdwn1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn1.SetDefaultColor(Color.LIME);
zdwn1.SetStyle(Curve.MEDIUM_DASH);
zdwn1.SetLineWeight(2);
zdwn2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn2.SetDefaultColor(Color.LIME);
zdwn2.SetStyle(Curve.MEDIUM_DASH);
zdwn2.SetLineWeight(2);
#
is there a way to make this work on mobile?
 
no need to be sorry, ask your questions.

here is a study that draws a horizontal line from the open of the day.
then draws up to 4 other lines, based on offset numbers.
if a number is 0, then no line is drawn.

Code:
# lines_from_dayopen

#https://usethinkscript.com/threads/how-to-plot-horizontal-lines-at-price-levels-where-the-price-ends-with-a-certain-number.7692/#post-122881
#post7
#is there a way to change the B value to pick the daily open instead of current close price? I want to be able to draw lines above and below the daily open automatically. if possible be able to enter individual value to each line for example:

#aboveline2 = +15
#aboveline1 = +10
#dailyopen price = 1
#belowline1 = -5
#belowline2 =-25


def na = double.nan;

input start = 0930;
def dayopen = if secondstillTime(start) == 0 then open else dayopen[1];

input aboveline2 = 15.0;
input aboveline1 = 10.0;
#dailyopen price = 1
input belowline1 = -5.0;
input belowline2 = -25.0;


plot zup2 = if aboveline2 == 0 then na else dayopen + aboveline2;
plot zup1 = if aboveline1 == 0 then na else dayopen + aboveline1;
plot z0 = dayopen;
plot zdwn1 = if belowline1 == 0 then na else dayopen + belowline1;
plot zdwn2 = if belowline2 == 0 then na else dayopen + belowline2;

zup2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup2.SetDefaultColor(Color.LIME);
zup2.SetStyle(Curve.MEDIUM_DASH);
zup2.SetLineWeight(2);
zup1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup1.SetDefaultColor(Color.LIME);
zup1.SetStyle(Curve.MEDIUM_DASH);
zup1.SetLineWeight(2);

z0.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
z0.SetDefaultColor(Color.magenta);
z0.SetStyle(Curve.short_DASH);
z0.SetLineWeight(2);

zdwn1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn1.SetDefaultColor(Color.LIME);
zdwn1.SetStyle(Curve.MEDIUM_DASH);
zdwn1.SetLineWeight(2);
zdwn2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn2.SetDefaultColor(Color.LIME);
zdwn2.SetStyle(Curve.MEDIUM_DASH);
zdwn2.SetLineWeight(2);
#
can this be done in 2 time frames, 9:30 to 1:00 then it resets again from 1:00 to close of market?
 
can this be done in 2 time frames, 9:30 to 1:00 then it resets again from 1:00 to close of market?

yes
here is a version that draws lines during 2 periods of time

Code:
# lines_from_price2

#ver2
#https://usethinkscript.com/threads/how-to-plot-horizontal-lines-at-price-levels-where-the-price-ends-with-a-certain-number.7692/#post-133393
#can this be done in 2 time frames, 9:30 to 1:00 then it resets again from 1:00 to close of market?

def na = double.nan;

input period1_start = 0930;
input period1_end = 1300;
input period2_start = 1300;
input period2_end = 1600;

def isper1 = (secondsfromTime(period1_start) >= 0 and secondstillTime(period1_end) > 0);
def isper2 = (secondsfromTime(period2_start) >= 0 and secondstillTime(period2_end) > 0);


input price = open;
def per1 = if secondstillTime(period1_start) == 0 then price
 else if isper1 then per1[1]
 else na;

def per2 = if secondstillTime(period2_start) == 0 then price
 else if isper2 then per2[1]
 else na;


input aboveline2 = 15.0;
input aboveline1 = 10.0;
#dailyopen price = 1
input belowline1 = -5.0;
input belowline2 = -25.0;

def baseline = if isper1 then per1
else if isper2 then per2
else na;


plot zup2 = if aboveline2 == 0 then na else baseline + aboveline2;
plot zup1 = if aboveline1 == 0 then na else baseline + aboveline1;
plot z0 = baseline;
plot zdwn1 = if belowline1 == 0 then na else baseline + belowline1;
plot zdwn2 = if belowline2 == 0 then na else baseline + belowline2;

zup2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup2.SetDefaultColor(Color.LIME);
zup2.SetStyle(Curve.MEDIUM_DASH);
zup2.SetLineWeight(2);
zup1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup1.SetDefaultColor(Color.LIME);
zup1.SetStyle(Curve.MEDIUM_DASH);
zup1.SetLineWeight(2);

z0.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
z0.SetDefaultColor(Color.magenta);
z0.SetStyle(Curve.short_DASH);
z0.SetLineWeight(2);

zdwn1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn1.SetDefaultColor(Color.LIME);
zdwn1.SetStyle(Curve.MEDIUM_DASH);
zdwn1.SetLineWeight(2);
zdwn2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn2.SetDefaultColor(Color.LIME);
zdwn2.SetStyle(Curve.MEDIUM_DASH);
zdwn2.SetLineWeight(2);
#
 
yes
here is a version that draws lines during 2 periods of time

Code:
# lines_from_price2

#ver2
#https://usethinkscript.com/threads/how-to-plot-horizontal-lines-at-price-levels-where-the-price-ends-with-a-certain-number.7692/#post-133393
#can this be done in 2 time frames, 9:30 to 1:00 then it resets again from 1:00 to close of market?

def na = double.nan;

input period1_start = 0930;
input period1_end = 1300;
input period2_start = 1300;
input period2_end = 1600;

def isper1 = (secondsfromTime(period1_start) >= 0 and secondstillTime(period1_end) > 0);
def isper2 = (secondsfromTime(period2_start) >= 0 and secondstillTime(period2_end) > 0);


input price = open;
def per1 = if secondstillTime(period1_start) == 0 then price
 else if isper1 then per1[1]
 else na;

def per2 = if secondstillTime(period2_start) == 0 then price
 else if isper2 then per2[1]
 else na;


input aboveline2 = 15.0;
input aboveline1 = 10.0;
#dailyopen price = 1
input belowline1 = -5.0;
input belowline2 = -25.0;

def baseline = if isper1 then per1
else if isper2 then per2
else na;


plot zup2 = if aboveline2 == 0 then na else baseline + aboveline2;
plot zup1 = if aboveline1 == 0 then na else baseline + aboveline1;
plot z0 = baseline;
plot zdwn1 = if belowline1 == 0 then na else baseline + belowline1;
plot zdwn2 = if belowline2 == 0 then na else baseline + belowline2;

zup2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup2.SetDefaultColor(Color.LIME);
zup2.SetStyle(Curve.MEDIUM_DASH);
zup2.SetLineWeight(2);
zup1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zup1.SetDefaultColor(Color.LIME);
zup1.SetStyle(Curve.MEDIUM_DASH);
zup1.SetLineWeight(2);

z0.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
z0.SetDefaultColor(Color.magenta);
z0.SetStyle(Curve.short_DASH);
z0.SetLineWeight(2);

zdwn1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn1.SetDefaultColor(Color.LIME);
zdwn1.SetStyle(Curve.MEDIUM_DASH);
zdwn1.SetLineWeight(2);
zdwn2.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
zdwn2.SetDefaultColor(Color.LIME);
zdwn2.SetStyle(Curve.MEDIUM_DASH);
zdwn2.SetLineWeight(2);
#
Thank you
 

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