OPEN-SOURCE SCRIPT

Simple Horizontal Value and Offsets [Auto Shift]

Original (Simple Horizontal Value and Offsets/SHV) Requested by TAFA94

Description:
  • Simple adjustable incremented horizontal offset lines extending up and down from a Median point.
  • Set full value for manual Median point control, or set an incremental rounding value for auto Median adjustment.
  • Source and look-back period inputs for fine tuning auto adjust.
  • Auto adjust on by default - can be toggled off for straight manual control.


**NOTE**
  • All values will likely need to be changed immediately on applying this script, in order to properly fit your charts specific price/value range and/or time resolution.


Cheers!
autohorizontalmedianoffsetsimpleValue

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