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Adaptive Point Offset Rays

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Adaptive Offset Rays

Futures Point

Plots up to five configurable horizontal rays above current price and five below, each set by a fixed point offset from a chosen price source (default: close). Rays reposition at a user-defined interval rather than every tick, keeping the chart legible instead of accumulating redundant lines.
Inputs

Price reference (source)
Ray length (bars projected forward)
Update frequency (minutes; set to 0 for tick-by-tick tracking)
Five above/below levels, each independently toggled with its own point value
Line colors and optional point-value labels

Use case: dynamic reference levels for gauging distance traveled or remaining toward a target — useful for scalping or intraday setups where fixed dollar/point thresholds matter more than static support/resistance.

Note: rays reflect live price offsets and are not predictive signals; they do not repaint historical values, only their forward projection updates.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.