LokiMilo

[F][IND] - Draw Vertial Line at Last N Bar

LokiMilo Updated   
Description:

Enhance your trading analysis with the "Vertical Line at N Last Bars" script! This powerful tool provides traders with a visual reference to key points in the historical price action, aiding in the identification of crucial patterns, trends, and potential trading opportunities.

Key Features:

1. Customizable Parameters:
Tailor the script to your specific needs by adjusting the number of last bars (N) to plot vertical lines. This flexibility allows you to focus on short-term or long-term trends based on your trading strategy.

2. Visualize Critical Events:
Instantly mark important events, such as the release of economic data, key market sessions, or specific price levels. The vertical lines serve as a quick reference, making it easier for traders to identify correlations between events and price movements.

3. Enhance Technical Analysis:
Complement your technical analysis by visually highlighting points of interest on the chart. Whether you're tracking reversals, breakouts, or support/resistance levels, the script aids in better understanding price dynamics.

4. Easy to Use:
The script is designed with simplicity in mind. Just apply it to your chart, customize the parameters, and let it do the work for you. No complex coding or manual drawing required.

Alerts:
You can enable alerts on this indicator to receive timely notifications.

Disclaimer:
This indicator is provided for educational purposes only. Trading involves risk, and users should consult with a financial professional before making any trading decisions.

Your Feedback Matters!
Please feel free to comment or reach out if you have any improvement suggestions or if you would like to request the development of a specific indicator. Your feedback is invaluable!
Release Notes:
New Feature: Customizable Line Color

1. Users can now choose the color for the vertical line to match their preferences, particularly for light themes.
2. Default line color remains white.
3. Maintains the existing functionality of drawing vertical lines at the last N bars.

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

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.

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