Simple Equilibrium Zone for ThinkorSwim

[BenTen]

This indicator consists of today's open and yesterday's trading range.

According to the original author (Trader_King):

• Stock is ranging when it's trading within the zone
• Stock is trending when it's outside of the zone, be it upper or lower.

You can use the Equilibrium Zone for breakout trading or to avoid sideways action.

thinkScript Code

# OC Equilibrium
# Assembled by BenTen at useThinkScript.com
# Converted from https://www.tradingview.com/script/VBKZx0eK/

input aggregationPeriod = AggregationPeriod.DAY;
def OPEN = open(period = aggregationPeriod);
def high = high(period = aggregationPeriod);
def low = low(period = aggregationPeriod);

def a = ((high + low) / 2);
def b = open;

plot o = a[1];
plot z = b;

 

[jeremyadorna]

is there any way to change it to display only the last three days' worth, and as horizontal lines instead of the current continuous line?

 

[leo2022]

I'm trying to write or find a script that's shows a line from the previous day's closing and one for the current day's opening. Finally a line representing the halfway price between to the two prices. Thanks

example
current day opening: $20

50%: $15

previous day closing: $10

 

[leo2022]

I'm trying to write or find a script that's shows a line from the previous day's closing and one for the current day's opening. Finally a line representing the halfway price between to the two prices. Thanks

example
current day opening: $20

50%: $15

previous day closing: $10

edit: Mods must've moved me to a thread with the answer. Thanks

 

[fcastrof]

Could you help me with a script to plot a horizontal line right where the current session price opens and extend the line to the end of the session.

Thanks!