a_dema

Plot Level on Threshold Exceed

a_dema Updated   
This script plots a line for X minutes, when the given reference source (which could be another indicator like volume, etc), exceeds the fixed value threshold.

There is a line limit in TV, so only the most recent 40 lines are plotted
Release Notes:
Added numerous other threshold types (sma, ema, wma, rma, swma, percentiles)
Added custom comparator logic (<, <=, =, >, >=)
Added threshold multiplier
Added ability to plot threshold itself
Release Notes:
Added in sample session filter (only include samples during desired session times)
Added in percentiles and stddev/ma thresholds
Added in efficiencies for line management
Added in plotshape functionality
Release Notes:
Threshold offset field added to prevent current bar influencing the threshold itself (if desired)
Release Notes:
Updated with additional capabilities for plotarrow and plotchar
Release Notes:
Updated for cross-based comparators
Release Notes:
Updated arrow logic to be in line with threshold break direction, or alternatively select to reverse this logic.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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