// Downloaded From https://www.WiseStockTrader.com /* /// DEVELOPING BY ::GANESAN SELVARAJ:: // CONTACT US ::GANESAN SELVARAJ:: OR phitrade1.618@gmail.com */ _SECTION_BEGIN("Price"); SetChartOptions(0,chartShowArrows|chartShowDates); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) )); Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); _SECTION_END(); _SECTION_BEGIN("MA"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 200, 1 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style", styleLine | styleNoLabel ) | styleNoRescale ); _SECTION_END(); _SECTION_BEGIN("Mid MA"); P = ParamField("Price field",-1); Periods = Param("Periods", 45, 2, 300, 1 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style", styleHidden | styleLine | styleNoLabel ) | styleNoRescale ); _SECTION_END(); _SECTION_BEGIN("Long MA"); P = ParamField("Price field",-1); Periods = Param("Periods", 100, 2, 400, 1 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style", styleHidden | styleLine | styleNoLabel ) | styleNoRescale ); _SECTION_END(); _SECTION_BEGIN("BBands"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 100, 1 ); Width = Param("Width", 2, 0, 10, 0.05 ); Color = ParamColor("Color", colorLightGrey ); Color = ColorBlend( Color, GetChartBkColor(), 0.5 ); Style = ParamStyle("Style", styleLine | styleNoLabel ) | styleNoRescale;; Plot( bbt = BBandTop( P, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style ); Plot( bbb = BBandBot( P, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style ); PlotOHLC( bbt, bbt, bbb, bbb, "", ColorBlend( Color, GetChartBkColor(), 0.7 ), styleNoLabel | styleCloud | styleNoRescale, Null, Null, Null, -1 ); _SECTION_END(); _SECTION_BEGIN("Price Interpretation"); movshort = ParamField("Short Time MA", 8 ); movmed = ParamField("Mid Time MA", 9 ); movlong = ParamField("Long Time MA", 10 ); btop = ParamField("BBTop", 11 ); bbot = ParamField("BBBottom", 12 ); if( Status("action") == actionCommentary ) { width = btop - bbot; lslop = LinRegSlope( C, 30 ) + 100; lslo = LLV( lslop, 90 ); lshi = HHV( lslop, 90 ); lswidth = lshi - lslo; trend = 100*( lslop - lslo )/lswidth; mawidth = MA( width, 100 ); relwidth = 100*(width - mawidth)/mawidth; _N( tname = Name()+"("+FullName()+")" ); printf("Price and moving averages:\n"); printf( tname + " has closed " + WriteIf( C > movshort, "above" , "below" ) + " its Short time moving average. "); printf("\nShort time moving average is currently " + WriteIf( movshort > movmed, "above", "below") + " mid-time, AND " + WriteIf( movshort > movlong, "above", "below" ) + " long time moving averages."); printf("\nThe relationship between price and moving averages is: "+ WriteIf( C > movshort AND movshort > movmed, "bullish", WriteIf( C < movshort AND movshort < movmed, "bearish", "neutral" ) ) + " in short-term, and "+ WriteIf( movshort > movmed AND movmed > movlong , "bullish", WriteIf( movshort < movmed AND movmed < movlong, "bearish", "neutral" ) ) + " in mid-long term. "); printf("\n\nBollinger Bands:\n"); printf(tname+ " has closed " + WriteIf( C < bbot, "below the lower band by " + WriteVal( 100 *( bbot-C )/ width, 1.1 ) + "%%. " + WriteIf( trend < 30, " This combined with the steep downtrend can suggest that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.", WriteIf( trend > 30 AND trend < 70, "Although prices have broken the lower band and a downside breakout is possible, the most likely scenario for "+tname+" is to continue within current trading range.", "" ) ), "" ) + WriteIf( C > btop, "above the upper band by " + WriteVal( 100 *( C- btop )/ width, 1.1 ) + "%%. " + WriteIf( trend > 70, " This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.", WriteIf( trend > 30 AND trend < 70, "Although prices have broken the upper band and a upside breakout is possible, the most likely scenario for "+tname+" is to continue within current trading range.", "" ) ), "" ) + WriteIf( C < btop AND ( ( btop - C ) / width ) < 0.5, "below upper band by " + WriteVal( 100 *( btop - C )/ width, 1.1 ) + "%%. ", WriteIf( C < btop AND C > bbot , "above bottom band by " + WriteVal( 100 *( C - bbot )/ width, 1.1 ) + "%%. ", "" ) )); printf("\n"+ WriteIf( ( trend > 30 AND trend < 70 AND ( C > btop OR C < bbot ) ) AND abs(relwidth) > 40, "This picture becomes somewhat unclear due to the fact that Bollinger Bands are currently", "Bollinger Bands are " )+ WriteVal( abs( relwidth ), 1.1 ) + "%% " + WriteIf( relwidth > 0, "wider" , "narrower" ) + " than normal."); printf("\n"); printf( WriteIf( abs( relwidth ) < 40, "The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.","")+ WriteIf( relwidth < -40, "The narrow width of the bands suggests low volatility as compared to " + tname + "'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. "+ "The bands have been in this narrow range for " + WriteVal(BarsSince(Cross(-40,relwidth)),1.0) + " bars. The probability of a significant price move increases the longer the bands remain in this narrow range." ,"")+ WriteIf( relwidth > 40, "The large width of the bands suggest high volatility as compared to " + tname + "'s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. "+ "The bands have been in this wide range for " + WriteVal(BarsSince(Cross(relwidth,40)),1.0) + " bars.The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range." ,"")); printf("\n\nThis commentary is not a recommendation to buy or sell. Use at your own risk."); } _SECTION_END(); _SECTION_BEGIN("BehgozinStrengthFinder"); CLN= Ref(C,0); Beh=((CLN - EMA(CLN, 10)) / EMA(CLN, 10)) * 100; V2 = HHV(Beh,100); V3 = LLV(Beh,100); Beh1= WMA(Beh*(V2-V3),6); _SECTION_END(); _SECTION_BEGIN("Linear Regression"); P = Beh1; Periods = Param("Periods", 15, 2, 300, 1, 10 ); _SECTION_END(); SetBarFillColor( IIf(Beh1 > LinearReg( P, Periods ) ,ColorRGB( 0, 100, 0 ),ColorRGB( 100,0,0 ))); SetChartOptions(0,chartShowDates); SetChartBkColor( ParamColor("Color", ColorRGB( 105, 105, 105 ) ) ); GraphXSpace=Param("GraphXSpace",10,-100,100,1); Plot(C,"Close",IIf(Beh1 > LinearReg( P, Periods ) ,ColorRGB( 0,255, 0 ),ColorRGB(255,0,5 )),styleCandle); dtn=DateNum(); haC=EMA((O+H+L+C)/4,3); haO=AMA(Ref(haC,-1),0.5); haH=Max(H,Max(haC,haO)); haL=Min(L,Min(haC,haO)); _SECTION_BEGIN ("pivot"); bi = BarIndex (); nbar = Param ("nbar", 7,2,50,1); // Define fractals PHigh = H> Ref (HHV (H, nbar), -1) AND Ref (HHV (H, nbar), nbar) <= H; PHighPrice = ValueWhen (PHigh, H); PLow = L = L; PLowPrice = ValueWhen (PLow, L); ll = IIf (PLow AND PLowPrice = Ref (PLowPrice, -1), 2, 0); lh = IIf (PHigh AND PHighPrice = Ref (PHighPrice, -1), 4, 0); combi = ll + hl + lh + hh; t1 = ValueWhen (combi, combi, 1); t2 = ValueWhen (combi, combi, 2); t3 = ValueWhen (combi, combi, 3); AA = ValueWhen (PLow, L, 2); AABar = ValueWhen (PLow, bi, 2); BB = ValueWhen (PHigh, H, 1); BBBar = ValueWhen (PHigh, bi, 1); CC = ValueWhen (PLow, L, 1); CCBar = ValueWhen (PLow, bi, 1); GraphXSpace = 5; PlotShapes (shapeSmallCircle * PLow, colorBrightGreen, 0, L, -10); for( i = 0; i < BarCount; i++ ) { if( PLow[i] ) { PlotText( "Buy Now", i-2.5, L[ i ]-1, colorBrightGreen, colorDefault ); } if( PHigh [i]) { PlotText( "Sell Now", i-2.5, H[i]+1, colorRed, colorDefault ); } } PlotShapes (shapeSmallCircle * PHigh, colorRed, 0, H, 10); _SECTION_END (); dec = (Param("Decimals",2,0,7,1)/10)+1; Title =EncodeColor(55)+ Title = Name() + " " + EncodeColor(32) + Date() + " " + EncodeColor(5) + "{{INTERVAL}} " + EncodeColor(55)+ " Open = "+ EncodeColor(52)+ WriteVal(O,dec) + EncodeColor(55)+ " High = "+ EncodeColor(5) + WriteVal(H,dec) + EncodeColor(55)+ " Low = "+ EncodeColor(32)+ WriteVal(L,dec) + EncodeColor(55)+ " Close = "+ EncodeColor(52)+ WriteVal(C,dec)+ EncodeColor(55)+ " Volume = "+ EncodeColor(52)+ WriteVal(V,1) ; _SECTION_BEGIN("SAR"); acc = Param("Acceleration", 0.02, 0, 1, 0.001 ); accm = Param("Max. acceleration", 0.2, 0, 1, 0.001 ); Plot( SAR( acc, accm ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style", styleDots | styleNoLine, maskDefault | styleDots | styleNoLine ) ); _SECTION_END(); _SECTION_BEGIN ("contact"); GfxTextOut( ": : GANESAN SELVARAJ : :", 550, 30); GfxTextOut( ": : phitrade1.618@gmail.com : :", 550, 46);