You have the choice to use Trendlines instead of Plots to overcame the scaling problems.
So besides this the study also is an example for how you can use trendlines for something you would normally do with plots and to compare the difference in their affect on scaling.
Code: Select all
Description of Inputs:
UseTime: False = StartTime and EndTime will have no effect and the High and Low will be tracked for the complete day. If true, High and Low will be tracked according to the StartTime/EndTime settings only.
The study changes the color of the TrendLines/Plots according to the position of the close compared to the TrendLine/Plot.
UpColor: is used if Close > TrendLine
DnColor: Close < TrendLine
MatchColor: Close = TrendLine
UseTrendLines: True will use TrendLines instead of Plots and false vice versa
PlotSize: The size of the TrendLines/Plots
Round2Tick: Study will round the MidPoints to the nearest tick if this input is true. If false the study will not round the MidPoints.