Let it unchecked to watch the progression of the price while the square remains fixed in the chart. When this option is market, the indicator will update all created lines to match the new bar position, together with all the possible new Upper/Lower prices. When it's set, the indicator will use the most recent bar as the middle point of the square, using the higher price as the Upper Price and the lowest price as the Lower Price in the latest 72 bars (or more based on the Candles Per Division parameter) Update at a new bar Selects if the starting date will be automatically selected by the system or based on the input data. The indicator will calculate all the line's locations on the chart using these prices Set Upper/Lower Prices and Start Bar Automatically This input will be used when the "Set Upper/Lower Prices and Start Bar Automatically" checkbox is not selected. When selecting this input, change the Manual Max and Min Prices to the better calculation Manual Max/Min Price The indicator will calculate all the line locations on the chart using the selected start date. Also, it has the advantage of having the square built in seconds and adjusting itself on each new calculation. Yes, each square point divisible by 6 has information with some options, so the user can create any configuration he wants.
Manually drawing the square is not hard, but moving all together to the right spots and scale was time-consuming. But the main reason is to study the strategy and be able to draw it fast.
I didn't find it on Tradingview (at least with open source). All the inputs will be detailed below Why create this indicator? This indicator will create lines on the chart based on W.D.
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