# Looking for a 50% retracement line of pervious candle coded

Hi All,

I wanted to know if someone can please write a basic code for a tradeovate chart where the previous candles 50% level will show just a little yellow line. I have this code with Thinkorswim and will add a picture of what I am looking for also the code its self if that helps.

Here is the TOS code. Also I just need the 50% retracement not the 25% or 75% levels… Thanks

def last = if isnan(close[-1]) and !isnan(close) then barnumber() else last[1];
def hilo = if hl2 then barnumber() else hilo[1];

def cond = if barNumber() == hilo then barNumber()-1 else double.nan;
def pbar = if barNumber() >= HighestAll(cond) and !last then 1 else double.nan;

input show50 = yes;
plot HalfBack = if show50 and !isnan(pbar) then hl2 else double.nan;
HalfBack.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
HalfBack.SetDefaultColor(color.Yellow);
HalfBack.SetLineWeight(3);
def hbext = if isnan(halfback) then hbext[1] else halfback;
plot hbextline = hbext;
hbextline.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
hbextline.SetDefaultColor(color.Yellow);
hbextline.SetLineWeight(3);

input show75 = yes;
plot Back75 = if show75 and !isnan(pbar) then low+(high-low)*.75 else double.nan;
Back75.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
Back75.SetDefaultColor(color.white);
Back75.SetLineWeight(1);

input show25 = yes;
plot Back25 = if show25 and !isnan(pbar) then low+(high-low)*.25 else double.nan;
Back25.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
Back25.SetDefaultColor(color.white);
Back25.SetLineWeight(1);

input bubblemover = 1;
def n1 = bubblemover + 1;
input showbubble_candle = no;
input showbubble_expansion = no;
addchartBubble(showbubble_expansion and isnan(close[bubblemover]) and !isnan(close[n1]),high[n1+1],"H: " +high[n1+1],color.white,yes);
addchartBubble(showbubble_expansion and isnan(close[bubblemover]) and !isnan(close[n1]),low[n1+1],"L: " +low[n1+1],color.white,no);
def h1 = if isnan(close) then h1[1] else high[1];
plot h1p = if barnumber()>=highestall(last) then h1 else double.nan;
h1p.setpaintingStrategy(PaintingStrategy.HORIZONTAL);
h1p.setdefaultColor(color.white);
input showcolor_light_gray = yes;
h1p.assignvalueColor(if showcolor_light_gray then color.Black else color.white);
def l1 = if isnan(close) then l1[1] else low[1];
plot l1p = if barnumber()>=highestall(last) then l1 else double.nan;
l1p.setpaintingStrategy(PaintingStrategy.HORIZONTAL);
l1p.setdefaultColor(color.white);
l1p.assignvalueColor(if showcolor_light_gray then color.Black else color.white);

Thank you
Jason

I just uploaded this to the community indicators.

I am also using this indicator as a basis for my tutorial series on how to write custom indicators for Tradovate. Like and subscribe.