Price → Time Scale (PTS)
Adds a second scale inside the right edge of the chart that reads each price level as a number of minutes.
What you see
A column of labels just inside the right edge of the price chart, set off by a faint vertical line. Each label sits on a round price level and shows that price read as minutes, written as hours, minutes and seconds:
| Price | Label |
|---|---|
| 0.5 | 00:00:30 |
| 90 | 01:30:00 |
| 1500 | D2 01:00:00 |
Fractions of a minute become seconds. From 1440 (one full day) on, a day prefix is added: D2 is the second day, D3 the third, and so on.
Using it
The scale lets you read a price level, or the distance between two levels, as a duration. A move from 2400 (D2 16:00:00) to 2460 (D2 17:00:00), for example, equals 60 minutes – which you can compare with the time axis.
The labels follow the zoom of the price axis. Tick count sets roughly how many appear; the scale picks round price steps close to that number.
Settings
Open the settings with the slider icon next to the indicator (Indicators, F3). Numeric settings can be swept as Step 1 / Step 2 parameters when you run a strategy.
| Setting | Type | Default | Description |
|---|---|---|---|
| Color | Color | #a78bfa | Colour of the labels and the separator line. |
| Opacity | Slider | 0.9 | Transparency of the scale. |
| Tick count | Number | 25 | Approximate number of labels. |
Outputs
This indicator draws on the chart only – it has no values for Trade Setup gates or use indicator.