OPEN-SOURCE SCRIPT

Comprehensive Time Chain Indicator - AYNET

Features and Enhancements
Dynamic Timeframe Handling:

The script monitors new intervals of a user-defined timeframe (e.g., daily, weekly, monthly).
Flexible interval selection allows skipping intermediate time periods (e.g., every 2 days).
Custom Marker Placement:

Markers can be placed at:
High, Low, or Close prices of the bar.
A custom offset above or below the close price.
Special Highlights:

Automatically detects the start of a week (Monday) and the start of a month.
Highlights these periods with a different marker color.
Connecting Lines:

Markers are connected with lines to visually link the events.
Line properties (color, width) are fully customizable.
Dynamic Labels:

Optional labels display the timestamp of the event, formatted as per user preferences (e.g., yyyy-MM-dd HH:mm).
How It Works:
Timeframe Event Detection:

The is_new_interval flag identifies when a new interval begins in the selected timeframe.
Special flags (is_new_week, is_new_month) detect key calendar periods.
Dynamic Marker Drawing:

Markers are drawn using label.new at the specified price levels.
Colors dynamically adjust based on the type of event (interval vs. special highlight).
Connecting Lines:

The script dynamically connects markers with line.new, creating a time chain.
Previous lines are updated for styling consistency.
Customization Options:
Timeframe (main_timeframe):

Adjust the timeframe for detecting new intervals, such as daily, weekly, or hourly.
Interval (interval):

Skip intermediate events (e.g., draw a marker every 2 days).
Visualization:

Enable or disable markers and labels independently.
Customize colors, line width, and marker positions.
Special Periods:

Highlight the start of a week or month with distinct markers.
Applications:
Event Tracking:

Highlight and connect key time intervals for easier analysis of patterns or trends.
Custom Time Chains:

Visualize periodic data, such as specific trading hours or cycles.
Market Session Analysis:

Highlight market opens, closes, or other critical time-based events.
Usage Instructions:
Copy and paste the code into the Pine Script editor on TradingView.
Adjust the input settings for your desired timeframe, visualization preferences, and special highlights.
Apply the script to a chart to see the time chain visualized.
This implementation provides robust functionality while remaining easy to customize. Let me know if further enhancements are required! 😊
Bands and Channelseducationalforecasting

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

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