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Date/Time: Sat, 04 May 2024 15:19:11 +0000



[User Discussion] - ohlc levels

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[2015-09-23 20:48:08]
jim branch - Posts: 23
I am interested in created an input on the ohlc study possibly using a spread sheet. I use yesterday's levels on an intraday chart. I would like to extend naked levels until future intersection.(price) On the intersected day, I would like to continue the level until the end of the session. Is this possible? Has anyone done this? If so, is there a formula I can use to accomplish this. This is the same idea as extended levels on a volume profile chart. Thanks
[2015-09-23 21:25:26]
Sawtooth - Posts: 3993
This could be done with a spreadsheet study, but it wouldn't be simple, plus there would be a limit to the number of naked levels it could track because of the 60 column limit of Formula Columns.

This type of project would best be done with ACSIL.
[2015-09-23 22:15:17]
jim branch - Posts: 23
60 would not be a problem
Date Time Of Last Edit: 2015-09-23 22:18:32
[2015-09-23 23:58:02]
Sawtooth - Posts: 3993
You could workaround the 60 column limit with multiple instances of the spreadsheet study, but there are at least two other limitations, if you are using it in real time:
1) The lookback is directly related to the bar period and the Number of Rows setting, and a high number would cause lag in real time.
2) The formulas would require a INDEX(...MATCH( function combination which is not efficient in the New Spreadsheets, and would cause lag in real time, even with a low Number of Rows setting. The Old Spreadsheets version would work much better with this, but they will soon no longer be included in updated SC versions.

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