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Distance from Open/Line

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=60454
Forum: 17 · Topic 60454 · 18 post(s)


Distance from Open/Line

Apprentice · Tue Mar 25, 2014 6:34 am

DFO.png

Will show the difference between Open and Closing price for up to three time frames. U can choose between Percentage, Pip and Value.

DFO.lua

DFL.png

Distance from Line will show the distance from the closing price to arbitrary lines. Use Context menu for the level definition.

DFL.lua

DFL with Alert.lua

DFO with Alert.lua

The indicator was revised and updated


Re: Distance from Open

Jeffreyvnlk · Wed Mar 26, 2014 3:07 am

Apprentice wrote:

DFO.png

Will show the difference between Open and Closing price for up to three time frames. U can choose between Percentage, Pip and Value.

DFO.lua

This is great.Thanks Appreciated if you change the numbers from positive to negative and vice verses.


Re: Distance from Open

SvenStp · Sun Apr 27, 2014 6:50 am

Yes, i agree with Jeffreyvnlk. I can’t find logic with bearish going plus and bullish going minus/negative numbers. Interesting indicator. Thx.


Re: Distance from Open

Apprentice · Mon Apr 28, 2014 2:37 am

Sign reversal parameter is introduced. Please Re-Download.


Re: Distance from Open

amazon1a · Sun Jun 08, 2014 10:44 pm

Hi Apprentice, would it be possible to add Line Style options to this indi? Thanks, AG


Re: Distance from Open

Apprentice · Mon Jun 09, 2014 4:36 am

Style Options Added.


Re: Distance from Open

Apprentice · Mon Jun 09, 2014 7:48 am

Distance from Line Added.


Re: Distance from Open/Line

Checkz · Sun Nov 02, 2014 12:09 am

CAN A ALARM OR ALERT BE MADE FOR WHEN THE MONTHLY OPEN LINE IS HIT OR CROSSED. FOR EXAMPLE THE MONTHLY CANDLE OPENS AT 112.200 ON USD/JPY AND PRICE GOES DOWN TO 112.100 THEN 20 MINUTES LATER IT COMES BACK AND HITS THE MONTHLY OPENING PRICE OF 112.200. CAN A ALERT OR ALARM BE MADE EVERYTIME THAT LINE IS HIT OR CROSSED IN THE OPPOSITE DIRECTION. THANKS.


Re: Distance from Open/Line

Apprentice · Mon Nov 03, 2014 5:08 am

DFL with Alert.lua / DFO with Alert.lua Added.


Re: Distance from Open/Line

Stance · Wed Sep 02, 2015 7:59 pm

Hi,

A quick question regarding what is possible for a strategy.

If I use this indicator to draw arbitrary lines, can a strategy take these as input as a trading condition?

Thankyou,


Re: Distance from Open/Line

Apprentice · Thu Sep 03, 2015 2:33 am

As it is DFO do not provide any output available to strategys. Would not be a problem to calculate this from within strategy.


Re: Distance from Open/Line

Stance · Thu Sep 03, 2015 9:22 am

Could you create a strategy with the options to either BUY/SELL when the price gets to X amounts (a variable defined number) of pips to 2 of the lines.

Thankyou,


Re: Distance from Open/Line

Apprentice · Sun Sep 06, 2015 4:25 am

Your request is added to the development list.


Re: Distance from Open/Line

Apprentice · Mon Sep 07, 2015 4:07 am

Please try this strategy. viewtopic.php?f=31&t=12455&p=24588#p24588


Re: Distance from Open/Line

Stance · Tue Sep 08, 2015 1:32 am

Thanks Apprentice,

Is it possible for the strategy to automatically obtain the “Entry Level” from a horiztonal line drawn on the chart instead of having to manually enter in a “Entry Level” ?


Re: Distance from Open/Line

Apprentice · Tue Sep 08, 2015 3:55 am

It is, unfortunately I did not have time to work on it.


Re: Distance from Open/Line

Apprentice · Mon Dec 14, 2015 6:42 am

Dec 14, 2015: Compatibility issue Fixed. _Alert helper is not longer needed.

If you want to use updated version of this indicator, please make sure to use TS Version 01.14.101415. or higher.


Re: Distance from Open/Line

Apprentice · Wed Aug 02, 2017 7:18 am

The indicator was revised and updated.