Graphing options - Stair Step

Questions about MultiCharts and user contributed studies.
terrance-reiff
Posts: 2
Joined: 02 Dec 2013

Graphing options - Stair Step

Postby terrance-reiff » 16 Dec 2013

Is there a mechanism other than via trendlines to create a stair step graph?

User avatar
TJ
Posts: 7158
Joined: 29 Aug 2006
Location: Global Citizen
Has thanked: 988 times
Been thanked: 2042 times

Re: Graphing options - Stair Step

Postby TJ » 16 Dec 2013

Is there a mechanism other than via trendlines to create a stair step graph?
Can you elaborate a bit more on what you are trying to achieve?

You can also use PLOT to draw lines or stair step graph. Depends on the application, it might be easier, it might be harder. And vis versa with trendline drawing objects. It all depends on what you want to do.

SP
Posts: 453
Joined: 06 Feb 2006
Has thanked: 36 times
Been thanked: 283 times

Re: Graphing options - Stair Step

Postby SP » 17 Dec 2013

I want to join the request. I saw under the Add Ons that the Jan Arps Triple Trender has the ability to plot a volatility stop as stair step instead of a normal line and it looks way better.

How could this be done for a normal average, with trendlines or 4 plots with type bar high/low/right/left tick?

Image

User avatar
arnie
Posts: 1593
Joined: 11 Feb 2009
Location: Portugal
Has thanked: 481 times
Been thanked: 511 times

Re: Graphing options - Stair Step

Postby arnie » 17 Dec 2013

Yes, a stairstep line option would be very appreciated.

One way to mimic the stairstep line is to round prices to the nearest tick

Image
Attachments
stairstep.jpg
stairstep.jpg (391.16 KiB) Viewed 1195 times

SP
Posts: 453
Joined: 06 Feb 2006
Has thanked: 36 times
Been thanked: 283 times

Re: Graphing options - Stair Step

Postby SP » 17 Dec 2013

The problem with left/right tick as plot is that it does not adjust for bar space between the bars. If i use this code
it looks ok with small bar spacing, but fails on larger bar spacing.

Code: Select all

inputs: Price( Close ), Length( 9 ), BarSize( 3 ) , MAColor (white) ;
variables: var0( 0 ) ;

var0 = AverageFC( Price, Length ) ;
// Plot as Bar High and Bar Low
Plot1 ( var0 , "BarH",MAColor ,MAColor , BarSize );
Plot2 ( var0[1] , "BarL",MAColor ,MAColor , BarSize );
//Plot as Left Tick
Plot3 ( var0[1] , "BarLeft",MAColor ,MAColor , BarSize );
//Plot as Right Tick
Plot4 [1] ( var0[1] , "BarRight",MAColor ,MAColor , BarSize );
Attachments
stairstep.jpg
stairstep.jpg (447.75 KiB) Viewed 915 times

SP
Posts: 453
Joined: 06 Feb 2006
Has thanked: 36 times
Been thanked: 283 times

Re: Graphing options - Stair Step

Postby SP » 17 Dec 2013

arnie,
rounding does not help, try the code i.e. on the NQ or YM.

User avatar
arnie
Posts: 1593
Joined: 11 Feb 2009
Location: Portugal
Has thanked: 481 times
Been thanked: 511 times

Re: Graphing options - Stair Step

Postby arnie » 17 Dec 2013

arnie,
rounding does not help, try the code i.e. on the NQ or YM.
Yes, that's why I ended removing the post because I saw what you were trying to do.

The only thing MC has that acts like a stair step is its developing POC option in the volume profile tool.

terrance-reiff
Posts: 2
Joined: 02 Dec 2013

Re: Graphing options - Stair Step

Postby terrance-reiff » 17 Dec 2013

Thanks everyone; I guess I will try to develop a function that plots a "stair step".

User avatar
ABC
Posts: 626
Joined: 16 Dec 2006
Has thanked: 119 times
Been thanked: 355 times
Contact:

Re: Graphing options - Stair Step

Postby ABC » 17 Dec 2013

You can do this currently with trendlines. Maybe also with a combination of two plots where one plots the vertical lines and the other the horizontal lines.

Regards,
ABC

I want to join the request. I saw under the Add Ons that the Jan Arps Triple Trender has the ability to plot a volatility stop as stair step instead of a normal line and it looks way better.

How could this be done for a normal average, with trendlines or 4 plots with type bar high/low/right/left tick?

Image

SP
Posts: 453
Joined: 06 Feb 2006
Has thanked: 36 times
Been thanked: 283 times

Re: Graphing options - Stair Step

Postby SP » 17 Dec 2013

ABC,
it works with this code, but the disadvantage is that you draw a trendline on every bar. On a chart with 5000 bars you end up with around 5000 trendlines.

Edit: I saw on Arps Website that the stair lines in the posted picture above are for another platform and the TS/MC version only plots normal lines. So this solution should be the only one.
I added a option to reduce drawing: if DrawOnlyVisible is set to true all lines outside the visible part of the chart gets deleted.

Code: Select all

inputs: Price( Close ), Length( 9 ), BarSize( 3 ) , MAColor (white) , DrawOnlyVisible ( false );
variables: SimpleAverage( 0 ) , Horizontal (-1);

if barstatus (1) = 2 then
begin
SimpleAverage = AverageFC( Price, Length ) ;
// Plot as Bar High and Bar Low
if SimpleAverage[1] <>0 and SimpleAverage <>0 then
begin
Plot1 ( SimpleAverage [1] , "BarH",MAColor ,MAColor , BarSize );
Plot2 ( SimpleAverage , "BarL",MAColor ,MAColor , BarSize );
if DrawOnlyVisible then
begin
if datetime < getappinfo ( aiLeftDispDateTime ) then tl_delete ( Horizontal );

end;

Horizontal = tl_new_self_bn ( barnumber[1], SimpleAverage[1], barnumber, SimpleAverage [1] );
end;

tl_setcolor (Horizontal , MAColor );
tl_setsize (Horizontal , BarSize);
end;


Return to “MultiCharts”