looking to find what am I doing wrong. The plots that i get above the candles are not the values of the upper leading line ( i tried it with the lower --> same results) here is my code:
//@version=4
study(title="Ich1", overlay=true )
var upper_val = 0.1
var lower_val = 1.0
// ichimoku calculations
conversionPeriods = input(9, minval=1, title="Conversion Line Periods"),
basePeriods = input(26, minval=1, title="Base Line Periods")
laggingSpan2Periods` = input(52, minval=1, title="Lagging Span 2 Periods"),
displacement = input(26, minval=1, title="Displacement")
donchian(len) => avg(lowest(len), highest(len))
conversionLine = donchian(conversionPeriods)
baseLine = donchian(basePeriods)
leadLine1 = avg(conversionLine, baseLine)
leadLine2 = donchian(laggingSpan2Periods)
// plot
plot(conversionLine,color=color.orange,linewidth=4,title="Conversion Line")
plot(baseLine, color=color.purple , linewidth=3, title="Base Line")
plot(close, offset = -displacement + 1, color=#459915, title="Lagging Span")
p1=plot(leadLine1,offset=displacement - 1,color=color.green, title="Lead 1")
p2=plot(leadLine2,offset=displacement - 1,color=color.red, title="Lead 2")
// end plot ichimoku
// rules
if (leadLine1 >= leadLine2)
upper_val := leadLine1
lower_val := leadLine2
else
upper_val := leadLine2
lower_val := leadLine1
target = tostring(upper_val) // can be replaced with:
// target = tostring(upper_val[0])
//print the upper_val
label.new(bar_index, high , yloc = yloc.abovebar, textcolor = color.red, style = label.style_none,
text = target)
Offset of your upper_line
is equal to displacement - 1
So when you call the string of the value on the current bar it is showing the value without the offset.
change line 38 of your code to show actual value with the offset:
target = tostring(upper_val[displacement - 1])