// Downloaded From https://www.WiseStockTrader.com // Three Line Break or TLB // 3 line Break Chart //Modified Version to Plot TLB Bars in Synch with the Time Frame being Charted // Custom Indicator, date axis does not apply // i compare my TLB chart with broker and another software // visual result in almost the same, but the 3 have small difference SetBarsRequired(10000,10000); // initialize first element NumBar = 0; LastHigh=Close[1]; LastLow=Close[1]; LastStartHigh=Close[1]; LastStartLow=Close[1]; Plotb = Close[1]; Plote = Close[1]; // Loop to produce the TLB values //for( i=1; i 3 ) { M1=Max(TLBCB[numbar],TLBCE[numbar]); M2=Max(TLBCB[numbar-1],TLBCE[numbar-1]); M3=Max(TLBCB[numbar-2],TLBCE[numbar-2]); m4=Max(m1,m2); LastHigh=Max(m4,m3); M1=Min(TLBCB[numbar],TLBCE[numbar]); M2=Min(TLBCB[numbar-1],TLBCE[numbar-1]); M3=Min(TLBCB[numbar-2],TLBCE[numbar-2]); m4=Min(m1,m2); LastLow=Min(m4,m3); Plotb[i]=Plotb[i-1]; Plote[i]=Plote[i-1]; } if( Close[i]> Lasthigh) { numbar++; TLBCB[numbar]=LastStartHigh; // TLBCB Three Line Break Chart Begin (of bar) TLBCE[numbar]=Close[i]; // TLBCB Three Line Break Chart End (of bar) //mod PlotB[i]=LastStartHigh; PlotE[i]=Close[i]; //modend LastStartlow=LastHigh; LastHigh=Close[i]; LastStartHigh=Close[i]; } if( Close[i]< LastLow) { numbar++; TLBCB[numbar]=LastStartLow; TLBCE[numbar]=Close[i]; //mod PlotB[i]=LastStartLow; PlotE[i]=Close[i]; //modend LastStartHigh=LastStartLow; Lastlow=Close[i]; LastStartlow=Close[i]; } } // for // move the chart to right end of chart space, ie last brick on last bar position //delta = BarCount-1 - numbar; //TLBCB = Ref( TLBCB, -delta ); //TLBCE = Ref( TLBCE, -delta ); //rO = TLBCB; //rC = TLBCE; //mod rO = PlotB; rC = PlotE; //mod end rH = Max(rC,rO); rL = Min(rC,rO); // plot chart PlotOHLC( rO, rH, rL, rC, "TLB" , colorBlack, styleCandle); GraphXSpace=1; Title = Name() + " - {{INTERVAL}} {{DATE}} - TLB Chart Plot : ";