Constant Plot Level

[PeterBrazel 10]

I have multiple show me studies plotted relative to each price bar as conditions unfold. I want to keep all these plots within the price panel but remove them from price itself. I want them plotted on a horizontal plane above and below the price bars. I have tried setting them up using the highestHigh x bars etc but as new highs are formed old dots remain plotted at the old level. The trick is to keep these things visible but remove them from the price bars.

 

Somebody must have done this but I cannot locate it anywhere.

 

Anybody got any ideas?

[Blu-Ray 10]

Not sure if this is what you're looking for .... but why don't you just plot the showme's x amount of ticks away for high / low..... this way it's removed from the price bars but still visible.

 

example:

 

Inputs:

TickDistance(4);

 

Vars:

Mintick(0);

 

Mintick = minmove/pricescale;

 

If { your condition happens } then

Plot1(High+(TickDistance*Mintick)," " );

 

 

 

Hope this helps

 

Blu-Ray

[PeterBrazel 10]

Sorry I don't think that I made myself clear.

 

Have a look at the attached image. You will see a whole raft of showMe's. There are orange and magenta ones x ticks [as you suggested ] above the highs . I have drawn a rectangular box manually that suggests a location that I want all of these plots be be placed. So each plot will be a different distance from each high as each high is different.

 

A similar situation would be created for low ShowMe's.

 

Does this make sense?

[Blu-Ray 10]

Apologies for misunderstanding.... so are you only wanting to plot the dots within the box you marked ?

 

Cheers

 

Blu-Ray

[PeterBrazel 10]

Yes I want, if possible the software to calculate a level that is well above the prices on the screen and have all the ShowMe's that I designate plotted at that level.

[Tams 20]

easy way:

just put the indicator in a separate subchart

 

 

programmer's (difficult) way:

mmm... nah, too much trouble... just do it the easy way.

 

 

 

.

Edited August 5, 2009 by Tams

[PeterBrazel 10]

Yes I think this will be too much trouble. Seperate windows seem to take up too much screen real estate plus I may want several horizontal lines of plots one above the other.

 

Just a thought worth the question.

 

Thanks

[Tams 20]

Apologies for misunderstanding.... so are you only wanting to plot the dots within the box you marked ?

Cheers

Blu-Ray

 

 

that's why I always insist on a mock up...

[Blu-Ray 10]

easy way:

just put the indicator in a separate subchart

 

Lol..... beat me to it

 

 

that's why I always insist on a mock up...

 

Yes very true... good thinking.

 

Cheers

 

Blu-Ray

[PeterBrazel 10]

It's not quite the same is it?

 

This is the the idea of what I want to achieve but instead of in a seperate panel above and below price I would like to have it plotted within the price panel but away from price.

 

It seems though that this might be a considerable job. If so let's forget it.

 

Thanks

[Tams 20]

With MultiCharts, you can have 2 independent price scales in the same chart.

don't know if you can do it with TradeStation.

 

 

 

see example here:

 

 

http://www.traderslaboratory.com/forums/f46/red-light-green-light-5848.html

[PeterBrazel 10]

That's what I want.

 

Don't know how to do it in TS or as you say if it can be done. I may just have to put up with multiple panels in TS.

[Blu-Ray 10]

Install the indicator onto your chart, but on the scaling tab, change it to .....

" Left axis " Sub Graph 1..... and it should work from there.

 

Cheers

 

Blu-Ray