Point Based Grid

Category: market_structure

Draws a fixed-interval horizontal grid based on a specified point increment across the visible or historical price range.

Formula

P_{grid} = n \times InpP1 \times \text{Point} \text{ where } n \in \mathbb{Z} \text{ and } P_{grid} \in [\text{Low}_{maxbar}, \text{High}_{maxbar}]

Inputs

• InpP1 (default: 30)
• InpColor (default: clrCyan)
• InpStyle (default: STYLE_DOT)
• InpMaxBars (default: 10000)

See signal primitives and every published strategy that uses Point Based Grid on WOBR StrategyVerse.