WT SETUP WITH LINES AND LABELS

2 days ago

//version=5
indicator("WT SETUP WITH LINES AND LABELS", "WT SETUP", overlay=true, max_lines_count=500, max_labels_count=500)

// Timeframe selection
tf = input.string("D", "Timeframe", options=["D", "W", "M"])

// Level selection
level_selection = input.string("Yesterday", "Level Calculation", options=["Latest", "Yesterday"])


// Color input options
color pivotColor = input.color(color.white, "Pivot Color", group="Colors")
color highColor = input.color(color.red, "High Color", group="Colors")
color lowColor = input.color(color.green, "Low Color", group="Colors")
color closeColor = input.color(color.white, "Close Color", group="Colors")
color r1Color = input.color(color.red, "R1 Color", group="Colors")
color r2Color = input.color(color.red, "R2 Color", group="Colors")
color r3Color = input.color(color.red, "R3 Color", group="Colors")
color r4Color = input.color(color.red, "R4 Color", group="Colors")
color s1Color = input.color(color.green, "S1 Color", group="Colors")
color s2Color = input.color(color.green, "S2 Color", group="Colors")
color s3Color = input.color(color.green, "S3 Color", group="Colors")
color s4Color = input.color(color.green, "S4 Color", group="Colors")

offset = level_selection == "Yesterday" ? 1 : 0

float lowPrev = request.security(syminfo.tickerid, tf, low[offset])
float highPrev = request.security(syminfo.tickerid, tf, high[offset])
float closePrev = request.security(syminfo.tickerid, tf, close[offset])

float pivot = (lowPrev + highPrev + closePrev) / 3
float s1 = (2 * pivot) - highPrev
float r1 = (2 * pivot) - lowPrev
float rangeValue = highPrev - lowPrev
float s2 = pivot - rangeValue
float r2 = pivot + rangeValue
float s3 = lowPrev - 2 * (highPrev - pivot)
float r3 = highPrev + 2 * (pivot - lowPrev)
float s4 = pivot * 3 - (3 * highPrev - lowPrev)
float r4 = pivot * 3 + (highPrev - 3 * lowPrev)


var line pivotLine = na
var line r1Line = na
var line r2Line = na
var line r3Line = na
var line r4Line = na
var line s1Line = na
var line s2Line = na
var line s3Line = na
var line s4Line = na
var line highLine = na
var line lowLine = na
var line closeLine = na

var label pivotLabel = na
var label r1Label = na
var label r2Label = na
var label r3Label = na
var label r4Label = na
var label s1Label = na
var label s2Label = na
var label s3Label = na
var label s4Label = na
var label highLabel = na
var label lowLabel = na
var label closeLabel = na

if barstate.islast
pivotLine := line.new(bar_index, pivot, bar_index + 1, pivot, extend=extend.right, color=pivotColor, width=1)
r1Line := line.new(bar_index, r1, bar_index + 1, r1, extend=extend.right, color=r1Color, width=1)
r2Line := line.new(bar_index, r2, bar_index + 1, r2, extend=extend.right, color=r2Color, width=1)
r3Line := line.new(bar_index, r3, bar_index + 1, r3, extend=extend.right, color=r3Color, width=1)
r4Line := line.new(bar_index, r4, bar_index + 1, r4, extend=extend.right, color=r4Color, width=1)
s1Line := line.new(bar_index, s1, bar_index + 1, s1, extend=extend.right, color=s1Color, width=1)
s2Line := line.new(bar_index, s2, bar_index + 1, s2, extend=extend.right, color=s2Color, width=1)
s3Line := line.new(bar_index, s3, bar_index + 1, s3, extend=extend.right, color=s3Color, width=1)
s4Line := line.new(bar_index, s4, bar_index + 1, s4, extend=extend.right, color=s4Color, width=1)
highLine := line.new(bar_index, highPrev, bar_index + 1, highPrev, extend=extend.right, color=highColor, width=1)
lowLine := line.new(bar_index, lowPrev, bar_index + 1, lowPrev, extend=extend.right, color=lowColor, width=1)
closeLine := line.new(bar_index, closePrev, bar_index + 1, closePrev, extend=extend.right, color=closeColor, width=1)

tfString = tf == "D" ? "Daily" : (tf == "W" ? "Weekly" : "Monthly")
levelString = level_selection == "Yesterday" ? "Yesterday's" : "Latest"
pivotLabel := label.new(bar_index, pivot, tfString + " " + levelString + " Pivot " + str.tostring(pivot, "(#.##)"), color=color.gray, style=label.style_label_down, textcolor=color.white)
r1Label := label.new(bar_index, r1, "R1 " + str.tostring(r1, "(#.##)"), color=r1Color, style=label.style_label_down, textcolor=color.white)
r2Label := label.new(bar_index, r2, "R2 " + str.tostring(r2, "(#.##)"), color=r2Color, style=label.style_label_down, textcolor=color.white)
r3Label := label.new(bar_index, r3, "R3 " + str.tostring(r3, "(#.##)"), color=r3Color, style=label.style_label_down, textcolor=color.white)
r4Label := label.new(bar_index, r4, "R4 " + str.tostring(r4, "(#.##)"), color=r4Color, style=label.style_label_down, textcolor=color.white)
s1Label := label.new(bar_index, s1, "S1 " + str.tostring(s1, "(#.##)"), color=s1Color, style=label.style_label_up, textcolor=color.white)
s2Label := label.new(bar_index, s2, "S2 " + str.tostring(s2, "(#.##)"), color=s2Color, style=label.style_label_up, textcolor=color.white)
s3Label := label.new(bar_index, s3, "S3 " + str.tostring(s3, "(#.##)"), color=s3Color, style=label.style_label_up, textcolor=color.white)
s4Label := label.new(bar_index, s4, "S4 " + str.tostring(s4, "(#.##)"), color=s4Color, style=label.style_label_up, textcolor=color.white)
highLabel := label.new(bar_index, highPrev, "High " + str.tostring(highPrev, "(#.##)"), color=highColor, style=label.style_label_down, textcolor=color.white)
lowLabel := label.new(bar_index, lowPrev, "Low " + str.tostring(lowPrev, "(#.##)"), color=lowColor, style=label.style_label_up, textcolor=color.white)
closeLabel := label.new(bar_index, closePrev, "Close " + str.tostring(closePrev, "(#.##)"), color=color.gray, style=label.style_label_down, textcolor=color.white)
else
line.delete(pivotLine)
line.delete(r1Line)
line.delete(r2Line)
line.delete(r3Line)
line.delete(r4Line)
line.delete(s1Line)
line.delete(s2Line)
line.delete(s3Line)
line.delete(s4Line)
line.delete(highLine)
line.delete(lowLine)
line.delete(closeLine)

label.delete(pivotLabel)
label.delete(r1Label)
label.delete(r2Label)
label.delete(r3Label)
label.delete(r4Label)
label.delete(s1Label)
label.delete(s2Label)
label.delete(s3Label)
label.delete(s4Label)
label.delete(highLabel)
label.delete(lowLabel)
label.delete(closeLabel)