MultiNVLine
MultiNVLine is the extension of the NVLine. It can show the maximum four NVLines. NVLine is the indicator like ZigZag. It is based on a ''new value'' that is new high or low. The reference price that is previous point of line decides whether a high/low price is a ''new value'' or not. The following table show the relation of current timeframe and level.
| Current timeframe |
Level 0 |
Level 1 |
Level 2 |
Level 3 |
|---|---|---|---|---|
| M1 | M1 |
M5 |
M15 |
M30 |
| M5 | M5 |
M15 |
M30 |
H1 |
| M15 | M15 |
M30 |
H1 |
H4 |
| M30 | M30 |
H1 |
H4 |
D1 |
| H1 | H1 |
H4 |
D1 |
W1 |
| H4 | H4 |
D1 |
W1 |
MN1 |
| D1 | D1 |
W1 |
MN1 |
- |
| W1 | W1 |
MN1 |
- |
- |
| MN1 | MN1 |
- |
- |
- |
Inputs
- ShowLevel0 – show NVLine of level 0
- ShowLevel1 – show NVLine of level 1
- ShowLevel2 – show NVLine of level 2
- ShowLevel3 – show NVLine of level 3
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