#REMOVING XLOC UPDATE#
#REMOVING XLOC CODE#

We draw the line between the previous ( bar_index) and current bar number ( bar_index).

When that happens, we want to make a new trend line at the close of the previous month. That variable has such a value when the current bar is the first of the calendar month. This if statement sees if sinceStart equals ( =) zero ( 0). X2 = bar_index, y2 = close, color = color.orange , MonthClose : = line.new(x1 = bar_index, y1 = close , Make a new line at the start of each month if (sinceStart = 0) Of course, the opposite is also possible: switch a line from time values to bar numbers. With xloc=xloc.bar_time we set the line to use time values.

#REMOVING XLOC CODE#

So this code moves the line’s second point 24 hours in the future. That big value is the number of milliseconds in a single day. The second point is set to the bar’s opening time ( time) plus 86,400,000. We set the line’s first point to 25 bars back ( x1=time). Then we want to use a different type of time coordinate. We put the line reference in the myLine variable for use next. To get those values we use the bar_index variable. That line uses the default bar numbers for its time coordinates.

This code snippet first makes a trend line with the line.new() function. Switch the line to use time values instead // (makes it possible to draw line in the future) t_xloc(id =myLine, x1 = time , MyLine = line.new(x1 = bar_index, y1 = close , Make a new trend line (defaults // to using `xloc.bar_index`) Here’s how that works with the t_xloc() function: But now something happened and we want to move the line to the right of the current bar (meaning, into the future). Now let’s see how we can use the function. # Quick examples: the t_xloc() function in practice In those cases, when we want to switch how existing trend line is positioned, we use TradingView’s t_xloc() function. But then in real-time use time values so we can draw the trend line in the future. We might for instance position a trend line with bar numbers on historical bars. Sometimes a line should switch from one x-axis format to another. That capability is enough 90% of the time. When we execute the line.new() function to make a new trend line, we can immediately specify if that line should use bar numbers ( xloc=xloc.bar_index) or time values ( xloc=xloc.bar_time). # When to use TradingView’s t_xloc() function?

#REMOVING XLOC UPDATE#

We can adjust the line’s prices, update its time coordinates, and change both the price and time coordinates. There are a few other ways to change a line’s coordinates.

Removing xloc