OPEN-SOURCE SCRIPT
3% Interval Lines
How It Works:
Base Price Input: The script provides a text box to enter a base price.
3% Interval Calculation: It calculates 3% of the base price.
Lines Drawing: It draws lines above and below the base price at every 3% interval using a loop.
Customization:
You can change num_lines to increase or decrease the number of lines.
The colors and line styles can also be adjusted.
Base Price Input: The script provides a text box to enter a base price.
3% Interval Calculation: It calculates 3% of the base price.
Lines Drawing: It draws lines above and below the base price at every 3% interval using a loop.
Customization:
You can change num_lines to increase or decrease the number of lines.
The colors and line styles can also be adjusted.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.