OPEN-SOURCE SCRIPT

Baseline (BL)

Updated
My baseline study lets you compare price to the previous days close. You can select the time frame for this baseline. I have included the ability to use a custom period length or your own anchor value. Custom anchor values are great for comparing the price to your cost average. The features I have included are bar color and background color.

I liked the idea of the 'baseline" chart but I didnt like the implementation.

Enjoy
Release Notes
plot.style_stepline_diamond kind of sucks
Release Notes
turns out you dont need to specify timeframe's options. Enjoy the extra anchor periods.
baselinecloseDaily ChartsmultitimeframePivot points and levelssession

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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