DayTradingOil

Market Structure

Simple script to Plot Horizontal Lines at turning points of the market. Often times, these key levels can indicate a potential trade when price breaks above/below.
Nov 23
Notas de prensa: Default Data Selection is Daily TF for less evasive signals.
Nov 23
Notas de prensa: Testing
Dec 06
Notas de prensa: Extended Market Structure in both directions and added an input to choose the resolution period you'd like the Market Structure to be calculated on.
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thanky
Responder
@maroof81, Welcome-y!
Responder
Hello sir, I want this script to run in live market. When i run this script in live market it draws horizontal lines but not from starting time of the market. It takes previous day candles also.

study("Horizontal lines for UPTRENDING STOCK", overlay=true)
plot(low, trackprice=true, offset=-9999)
plot(low, trackprice=true, offset=-9999)
plot(low, trackprice=true, offset=-9999)
plot(low, trackprice=true, offset=-9999)
plot(low, trackprice=true, offset=-9999)
plot(low, trackprice=true, offset=-9999)
plot(low, color=#FFFFFFFF)

will you please help me with this script which draws horizontal lines "one by one" as market proceeds..Thanks in advance...
Responder
@nilswap, In response to it taking 1 timeframe bar to paint, this is intentional. The purpose of this script is to locate turning points of Higher TF candles in the past to look for areas of interaction with current price action. This price action can then be interpreted and traded upon in lower timeframes using the Market Structure as guidelines for entry position area, stop loss, etc.
Responder
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