PROTECTED SOURCE SCRIPT
Price/Time Cycles
Updated
This is a script for laying out cycles of price & time that are square (though you can adjust the ratios)
There is an "Auto-cycle" option also
You may have to adjust the ratios of both time & price in different ways to get the right settings but you can experiment
Limit the amount of price lines you are displaying otherwise you may get some errors in the information plotted
(the script says max 10 but really there is no true maximum set & you will get missing information as it begins to plot too many lines... I'll try to define this in the future)
Remember you can put down multiple cycles & change the styling.
FOR LINE STYLE- please use this syntax:
Solid Line = sol
Dotted Line = dot
Dashed Line = dsh
(I'll try to setup options for that in the future)
You can lay cycles into the past using the horizontal offset tool but there is a limit of setting the info back beyond 5000 bars, also, generally this process is a bit funny
The script can only put vertical lines up to 500 bars into the future. So, although cycles of 500 bars or more can be used, the future bar will not be plotted until it is within 500 bars of the current bar. In other words, doing very long-term analysis or trying to lay higher timeframe bar counts onto smaller timeframes might not work & may be a buggy process
There is an "Auto-cycle" option also
You may have to adjust the ratios of both time & price in different ways to get the right settings but you can experiment
Limit the amount of price lines you are displaying otherwise you may get some errors in the information plotted
(the script says max 10 but really there is no true maximum set & you will get missing information as it begins to plot too many lines... I'll try to define this in the future)
Remember you can put down multiple cycles & change the styling.
FOR LINE STYLE- please use this syntax:
Solid Line = sol
Dotted Line = dot
Dashed Line = dsh
(I'll try to setup options for that in the future)
You can lay cycles into the past using the horizontal offset tool but there is a limit of setting the info back beyond 5000 bars, also, generally this process is a bit funny
The script can only put vertical lines up to 500 bars into the future. So, although cycles of 500 bars or more can be used, the future bar will not be plotted until it is within 500 bars of the current bar. In other words, doing very long-term analysis or trying to lay higher timeframe bar counts onto smaller timeframes might not work & may be a buggy process
Release Notes
Fixed an issue with decimal placesRelease Notes
Update so that you can both multiply and divide cycles in the same way you can with price levels(now you can use decimals with the time_ratio setting)
Should be easier to setup in more situations this way
Release Notes
- Small changes to the UI & added some simple options regarding price levelsRelease Notes
There is A LOT of changes- Embedded cycles! These are individual cycles that can be placed (2 for now) on top of each other to see the larger and smaller cycles of price & time working together
- when setting up these 2 cycles you should use cycle 1 as your base cycle & cycle 2 should be a multiple of your original cycle
- there is a HUGE UI update so go through each setting & ask me questions on twitter if you have any
- refined ability to set the boxes to the very first bar of any instrument - handy for analyzing the life-cycle of a market - remember you still must choose the price you would like to set the boxes to
- upcoming features include some labelling as well as the ability to create expanding cycles - let me know if you have any suggestions
Release Notes
There is A LOT going on with this update-auto ratio setting (play with it - it's not perfect)
-new price/time lock to first bar's opening price - great for running through a stock screener (not great for crypto or markets without a clean start date)
-play around with the settings - it works on any market any timeframe you may just have to alter the settings to get it to actually chart especially if your market trades in very big or small increments... when the market exceeds 5 digits on either side of the decimal you may need to tweak a little more than other markets
-please contact me with questions or comments. Thanks!
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