Hello Seniors,
i wish to plot (Buy-sell arrows) with Exploration to this code.
My Conditions for Buy-Sell arrows n Exploration
Explanation by Kelvinhand in other thread for this Code -
Hope i get help soon by seniors..
Thanx you in advance.
i wish to plot (Buy-sell arrows) with Exploration to this code.
Code:
SetChartOptions(0, chartShowArrows | chartShowDates);
SetChartBkColor(ParamColor("Outer Panel", colorBlack));
SetChartBkGradientFill(ParamColor("Upper Chart", colorDarkGrey), ParamColor("Lower Chart", colorDarkGrey));
GraphXSpace = Param("GraphXSpace", 10, 0, 100, 1);
colorHighliter = IIf(C >= O, ColorRGB(0, 128, 0), ColorRGB(128, 0, 0));
//Demand Point
colorDemandPoint = ParamColor("Demand Line", ColorRGB(0, 128, 255));
DemandPoint = (Ref(L, -1) < Ref(L, -2)) & (L < Ref(L, -1)) & (L < Ref(L, 1)) & (Ref(L, 1) < Ref(L, 2));
//Supply Point
colorSupplyPoint = ParamColor("Supply Line", ColorRGB(255, 128, 0));
SupplyPoint = (Ref(H, -1) > Ref(H, -2)) & (H > Ref(H, -1)) & (H > Ref(H, 1)) & (Ref(H, 1) > Ref(H, 2));
CountTrendBars = 0;
CurrentBar = BarCount - 1;
dx0 = dx1 = dy0 = dy1 = 0;
sx0 = sx1 = sy0 = sy1 = 0;
for (i = 0; i < BarCount; i++) {
CurrentBar = (BarCount - 1) - i;
if (DemandPoint[CurrentBar]) {
if (dx1 == 0 & dy1 == 0) {
dx1 = CurrentBar;
dy1 = L[CurrentBar];
} else {
dx0 = CurrentBar;
dy0 = L[CurrentBar];
}
if (dx0 != 0 & dx1 != 0 & dy0 != 0 & dy1 != 0) {
if (dy0 < dy1) {
a = (-dy0 + dy1) / (-dx0 + dx1);
b = dy0 - dx0 * a;
for (j = dx1; j < BarCount; j++) {
if (j != dx1) {
y2 = a * j + b;
if (C[j] < y2) {
dy1 = y2;
dx1 = j;
colorHighliter[j] = ColorRGB(128, 0, 128);
CountTrendBars[j] = dx1 - dx0 - 1;
break;
}
}
}
if (dy1 != y2) {
dy1 = y2;
dx1 = BarCount - 1;
}
Plot(LineArray(dx0, dy0, dx1, dy1, 0), "", colorDemandPoint, styleLine, Null, Null, 0, 2);
}
dx1 = dx0;
dy1 = dy0;
dx0 = dy0 = 0;
}
}
if (SupplyPoint[CurrentBar]) {
if (sx1 == 0 & sy1 == 0) {
sx1 = CurrentBar;
sy1 = H[CurrentBar];
} else {
sx0 = CurrentBar;
sy0 = H[CurrentBar];
}
if (sx0 != 0 & sx1 != 0 & sy0 != 0 & sy1 != 0) {
if (sy0 > sy1) {
a = (-sy0 + sy1) / (-sx0 + sx1);
b = sy0 - sx0 * a;
for (j = sx1; j < BarCount; j++) {
if (j != sx1) {
y2 = a * j + b;
if (C[j] > y2) {
sy1 = y2;
sx1 = j;
colorHighliter[j] = ColorRGB(128, 128, 0);
CountTrendBars[j] = sx1 - sx0 - 1;
break;
}
}
}
if (sy1 != y2) {
sy1 = y2;
sx1 = BarCount - 1;
}
Plot(LineArray(sx0, sy0, sx1, sy1, 0), "", colorSupplyPoint, styleLine, Null, Null, 0, 2);
}
sx1 = sx0;
sy1 = sy0;
sx0 = sy0 = 0;
}
}
}
//Stop Loss & Targets
for (i = 0; i < BarCount; i++) {
CurrentBar = (BarCount - 1) - i;
if (colorHighliter[CurrentBar] == ColorRGB(128, 0, 128)) {
StopLoss = 0;
for (j = CurrentBar - CountTrendBars[CurrentBar]; j <= CurrentBar; j++) {
StopLoss = Max(H[j], StopLoss);
}
if (CurrentBar - (BarCount - 1) != 0) {
t1 = C[CurrentBar] - (StopLoss - C[CurrentBar]);
t2 = C[CurrentBar] - ((StopLoss - C[CurrentBar]) * 1.272);
t3 = C[CurrentBar] - ((StopLoss - C[CurrentBar]) * 1.618);
Plot(LineArray(CurrentBar, StopLoss + 0.01, BarCount - 1, StopLoss + 0.01, 0), "", ColorRGB(255, 0, 0), styleDots | styleNoLabel, Null, Null, 0, 0, 1);
Plot(LineArray(CurrentBar, C[CurrentBar], BarCount - 1, C[CurrentBar], 0), "", ColorRGB(255, 255, 0), styleDots, Null, Null, 0, 0, 1);
Plot(LineArray(CurrentBar, t1, BarCount - 1, t1, 0), "", ColorRGB(0, 255, 0), styleDots | styleNoLabel, Null, Null, 0, 0, 1);
Plot(LineArray(CurrentBar, t2, BarCount - 1, t2, 0), "", ColorRGB(0, 255, 0), styleDots | styleNoLabel, Null, Null, 0, 0, 1);
Plot(LineArray(CurrentBar, t3, BarCount - 1, t3, 0), "", ColorRGB(0, 255, 0), styleDots | styleNoLabel, Null, Null, 0, 0, 1);
PlotText("Stop Loss\n@" + WriteVal(StopLoss + 0.01, 1.2), BarCount, StopLoss + 0.01, ColorRGB(255, 255, 255));
PlotText("T1 @" + WriteVal(t1, 1.2), BarCount, t1, ColorRGB(255, 255, 255));
PlotText("T2 @" + WriteVal(t2, 1.2), BarCount, t2, ColorRGB(255, 255, 255));
PlotText("T3 @" + WriteVal(t3, 1.2), BarCount, t3, ColorRGB(255, 255, 255));
}
break;
}
if (colorHighliter[CurrentBar] == ColorRGB(128, 128, 0)) {
StopLoss = 9999;
for (j = CurrentBar - CountTrendBars[CurrentBar]; j <= CurrentBar; j++) {
StopLoss = Min(L[j], StopLoss);
}
if (CurrentBar - (BarCount - 1) != 0) {
t1 = C[CurrentBar] + (C[CurrentBar] - StopLoss);
t2 = C[CurrentBar] + ((C[CurrentBar] - StopLoss) * 1.272);
t3 = C[CurrentBar] + ((C[CurrentBar] - StopLoss) * 1.618);
Plot(LineArray(CurrentBar, StopLoss - 0.01, BarCount - 1, StopLoss - 0.01, 0), "", ColorRGB(255, 0, 0), styleDots | styleNoLabel, Null, Null, 0,1);
Plot(LineArray(CurrentBar, C[CurrentBar], BarCount - 1, C[CurrentBar], 0), "", ColorRGB(255, 255, 0), styleDots, Null, Null, 0, 1);
Plot(LineArray(CurrentBar, t1, BarCount - 1, t1, 0), "", ColorRGB(0, 255, 0), styleDots | styleNoLabel, Null, Null, 0, 1);
Plot(LineArray(CurrentBar, t2, BarCount - 1, t2, 0), "", ColorRGB(0, 255, 0), styleDots | styleNoLabel, Null, Null, 0, 1);
Plot(LineArray(CurrentBar, t3, BarCount - 1, t3, 0), "", ColorRGB(0, 255, 0), styleDots | styleNoLabel, Null, Null, 0, 1);
PlotText("Stop Loss\n@" + WriteVal(StopLoss - 0.01, 1.2), BarCount, StopLoss - 0.01, ColorRGB(255, 255, 255));
PlotText("T1 @" + WriteVal(t1, 1.2), BarCount, t1, ColorRGB(255, 255, 255));
PlotText("T2 @" + WriteVal(t2, 1.2), BarCount, t2, ColorRGB(255, 255, 255));
PlotText("T3 @" + WriteVal(t3, 1.2), BarCount, t3, ColorRGB(255, 255, 255));
}
break;
}
}
//Price
SetBarFillColor(colorHighliter);
Plot(C, "Close", IIf(colorHighliter == ColorRGB(128, 0, 128), ColorRGB(255, 0, 255), IIf(colorHighliter == ColorRGB(128, 128, 0), ColorRGB(255, 255, 0), IIf(C > O, ColorRGB(0, 255, 0), IIf(C < O, ColorRGB(255, 0, 0), ColorRGB(255, 255, 255))))), styleCandle, Null, Null, 0, 1);
//Volume
/*colorVolume = ParamColor("Volume Area", ColorRGB(0, 0, 0));
Plot(Volume, "", colorVolume, styleArea | styleOwnScale | styleNoLabel, Null, Null, 0, 0, 1);*/
Title = Name() + " - {{INTERVAL}} - {{DATE}} - Open = " + NumToStr(O, 1.2) + ", High = " + NumToStr(H, 1.2) + ", Low = " + NumToStr(L, 1.2) + ", Close = " + NumToStr(C, 1.2) + " (" + WriteVal(ROC(C, 1), 1.2) + "%)"; /*, Volume = " + WriteVal(Volume, 1.2);*/
My Conditions for Buy-Sell arrows n Exploration
HTML:
Conditions -
A) buy - When Price cross up Supply Or Resistence Line, Buy candle trigger
B) Sell - When Price cross down Demand or Support Line, Sell candle trigger
C) i need exploration for Buy sell Conditions
Explanation by Kelvinhand in other thread for this Code -
Originally Posted by KelvinHand
First understand the Trendlines drawn are called Tom Demark Supply/Demand Lines
Second understand the Horizontal lines are called the Entry/Stoploss/Target Lines
How it work:
========
Supply Line is Orange, Demand Line is Blue.
Trigger: Buy candle is Yellow, Sell Candle is Magenta
Buy Condition:
When Price cross up Supply Line, Buy candle trigger, Entry/SL/TGT lines ploted upward.
Sell Condition:
When Price cross down Demand Line, Sell candle trigger, Entry/SL/TGT lines ploted downward.
How to find out?
There is a [Bar Replay] button, use it.
Play it with your historical data, watch it develop
That simple
First understand the Trendlines drawn are called Tom Demark Supply/Demand Lines
Second understand the Horizontal lines are called the Entry/Stoploss/Target Lines
How it work:
========
Supply Line is Orange, Demand Line is Blue.
Trigger: Buy candle is Yellow, Sell Candle is Magenta
Buy Condition:
When Price cross up Supply Line, Buy candle trigger, Entry/SL/TGT lines ploted upward.
Sell Condition:
When Price cross down Demand Line, Sell candle trigger, Entry/SL/TGT lines ploted downward.
How to find out?
There is a [Bar Replay] button, use it.
Play it with your historical data, watch it develop
That simple
Hope i get help soon by seniors..
Thanx you in advance.
Last edited: