X OHL

3 hari lalu

designed to plot significant levels—closed higher timeframe High, Low, Open, and an Equilibrium (EQ) level and current Open—on the current chart based on user-defined higher timeframes (HTFs). It helps traders visualize HTF price levels on lower timeframes for confluence, context, or decision-making.

Key Functional Components:
Configurable Inputs:

• Four Timeframes: Customizable (default: 1H, 4H, D, W).
  

Visibility Toggles for:

• Previous High (pHigh)
  
• Previous Low (pLow)
  
• EQ (midpoint between high and low)
  
• Current Open
  
• Previous Open
  

How It Works:
For each selected timeframe:

• retrieves OHL Data
  
• Previous high/low (high[1], low[1])
  
• Current and previous open
  
• EQ is calculated as midpoint: (high + low) / 2
  

Draws Horizontal Lines:

• Lines are drawn from the candle where the HTF bar opens and extended until timeframe switch. Lines extends a few bars beyond current to assist in visualization
  

Labels:

• On the most recent bar, each level is labeled with a description (pHigh 1H, EQ 6H, etc.).
  
• Labels are customizable (size, color, background).
  

Anchoring:
Lines and labels are redrawn on the start of each new HTF bar to ensure accuracy and relevance.

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