// Downloaded From https://www.WiseStockTrader.com //TODO: //1. Remember F, AO, AC and Zone Add Ons signals and hits //2. Integrate squat bars with exit signals somehow. //3. five magic bullets - for taking profit //Alligator lines //--------------- //The Blue balance line is where the price would be on this time frame if there were no new incoming information, //in other words, the market only moves when there is Chaos present. AlligatorBlue=Ref(Wilders(Avg,13),-8); Plot(AlligatorBlue, "Jaw", colorDarkBlue, styleLine | styleThick); AlligatorRed=Ref(Wilders(Avg,8),-5); Plot(AlligatorRed, "Teeth", colorRed, styleLine | styleThick); AlligatorGreen=Ref(Wilders(Avg,5),-3); Plot(AlligatorGreen, "Leeps", colorGreen, styleLine | styleThick); //The PURPLE line is a 5 bar SIMPLE moving average of the bar’s CLOSE offset 3 bars into the future PurpleLine = MA(Ref(C,-3),5); if( ParamToggle("Show Purple Line", "No|Yes", 0)) { Plot(PurpleLine , "Purple", colorViolet, styleLine | styleThick); } //AO //--------------- AO = MA( Avg,5) - MA( Avg , 34); AOUpBar = AO > Ref(AO, -1); AODownBar = AO < Ref(AO, -1); //AC //--------------- MAAvg34=MA( Avg , 34); MAAvg5 = MA( Avg,5); MADiff = MAAvg5 - MAAvg34; AC = MA(MADiff - MA(MADiff, 5), 5); ACUpBar = AC > Ref(AC, -1); ACDownBar = AC < Ref(AC, -1); //Squat Bar //--------- //Squat bars are a battle of the bulls and the bears, with lots of buying and selling but little price movement. //A squat bar will be one of the top three OR bottom three bars 85% of the time at the end of a trend. //While all trends end with a squat, all squats are NOT the end of a trend. MarketFacilitionIndex =(H-L)/V; SquatBar = MarketFacilitionIndex < Ref(MarketFacilitionIndex, -1) AND Volume > Ref(Volume, -1); ShowSquatBars = ParamToggle("Show Squat Bars", "No|Yes", 1); //Price Bar //--------- GreenBar = AOUpBar AND ACUpBar; RedBar = AODownBar AND ACDownBar; PriceBarColor = IIf(GreenBar, colorBrightGreen , IIf(RedBar, colorRed, colorGrey40)); PriceBarColor = IIf(ShowSquatBars AND SquatBar, colorBlue, PriceBarColor); Plot( C, "Close", PriceBarColor , styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) ) { ToolTip=StrFormat("Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 ))); } //Fractal up //---------- fUp = (Ref(H,-2) > Ref(H, -4)) AND (Ref(H,-2) > Ref(H, -3)) AND (Ref(H,-2) > Ref(H, -1)) AND (Ref(H,-2) > H); var1=ValueWhen(fUp ,Ref(H,-2) ,1); FractalUp=HighestSince(var1 > 0, var1, 1); Plot(FractalUp, "F+",colorLime , styleLine | styleDots); FUpBuyPrice = FractalUp + 0.01; FUpHit = FUpBuyPrice <= H AND FUpBuyPrice >= L; FUpSignalOn = Flip(Ref(FractalUp,-1) != FractalUp, FUpHit); //Looks into the future. This is done only to display Fractal arrow at the right bar. //The calculation of the fractal up is done without looking into the future. PlotShapes(IIf(Ref(FractalUp,2) != Ref(FractalUp,1), shapeSmallUpTriangle, shapeNone), colorGreen,0,Ref(FractalUp,2), 10); //Fractal Down //------------ var2= (Ref(L,-2) <= Ref(L, -1)) AND (Ref(L,-2) <= Ref(L, 0)) AND (Ref(L,-2) <= Ref(L, -3)) AND (Ref(L,-2) <= Ref(L, -4)); FractalDown=ValueWhen(var2, Ref(L,-2), 1); FDownSellPrice= FractalDown+ 0.01; FDownHit = FDownSellPrice <= H AND FDownSellPrice >= L; FDownSignalOn = Flip(Ref(FractalDown,-1) != FractalDown, FDownHit ); Plot(FractalDown, "F-", colorGrey40, styleLine | styleDots); //Looks into the future. This is done only to display Fractal arrow at the right bar. //The calculation of the fractal up is done without looking into the future. PlotShapes(IIf(Ref(FractalDown,2) != Ref(FractalDown,1), shapeSmallDownTriangle, shapeNone), colorRed,0,Ref(FractalDown,2), 10); //Exits //----- Bar5LongExit = Ref(GreenBar, -4) AND Ref(GreenBar, -3) AND Ref(GreenBar, -2) AND Ref(GreenBar, -1) AND GreenBar; Bar5ShortExit = Ref(RedBar, -4) AND Ref(RedBar, -3) AND Ref(RedBar, -2) AND Ref(RedBar, -1) AND RedBar; Bar5LongPrice = LowestSince(Bar5LongExit, L) - 0.01; Bar5LongHit = L <= Ref(Bar5LongPrice, -1); Bar5LongOn = Flip(Bar5LongExit, Bar5LongHit); Bar5ShortPrice = LowestSince(Bar5ShortExit, H) + 0.01; Bar5ShortHit = H >= Ref(Bar5ShortPrice, -1); Bar5ShortOn = Flip(Bar5ShortExit, Bar5ShortHit); GreenLineLongExit = Cross(AlligatorGreen, C); RedLineLongExit = Cross(AlligatorRed, C); GreenLineShortExit = Cross(AlligatorGreen, C); RedLineShortExit = Cross(AlligatorRed, C); //Zones (Add-Ons) //--------------- //"Add-On" Buy (Sell): //(1) The Momentum is still going up (down). //(2) The Accelerator is moving up (down). //(3) The Price is closing higher (lower). //It is rare to continue to get over six to eight bars of the same color - No add ons after 5 consecutive bars. AddOnBuy = Ref(GreenBar,-1) AND GreenBar AND C > Ref(C,-1) AND NOT Bar5LongExit; AddOnSell = Ref(RedBar,-1) AND RedBar AND C < Ref(C,-1) AND NOT Bar5ShortExit; //Balance Lines //------------- //1. If we are going toward the Balance Line, we place our Signal at base + two higher highs (lower lows). //2. If we are going away from the Balance Line, we use base + one higher High (lower Low). //3. If the current bar is red (green) and we are above the blue (Green) Balance Line AND looking for Buy (sell)signals // we double the number of lower low (higher high) bars needed. //4. Base Bar is the Lowest High (Highest Low) in buy (sell). Signal Bar is the bar before the base bar. //5. Buy (Sell) stop is defined as the High (Low) + 1 tick of the Signal Bar. //6. As long as the Signal bar itself is above the Balance Line, we act as if the entire formation were above the Balance Line. //7. The buy (sell) stop stays in place unless // (a) it is triggered // OR // (b) another bar with a lower High (Higher Low) is formed, creating a different base bar. //8. You do not sell above the Alligator's mouth and you do not buy below the Alligator's mouth. AboveAll = L > AlligatorRed AND L > AlligatorBLue AND L > AlligatorGreen; BelowAll = H < AlligatorRed AND H < AlligatorBLue AND H < AlligatorGreen; //Buys. Only above balance lines for now LowerHigh = Ref(H, -1) > H; //Double the number of LowerHighs Required on RedBar BuySignalRef = IIf(RedBar, 2, 1); //"BuySignalRef =" +WriteVal(BuySignalRef ); //1 or 2 lower highs above balance line BLBuyCondition = Ref(AboveAll,-BuySignalRef) AND LowerHigh AND IIf(RedBar, Ref(LowerHigh,-1) , True); //"BLBuyCondition =" +WriteVal(BLBuyCondition ); //Update price if new buy signal is on, otherwise use previous price: BLBuyPrice = LowestSince(BLBuyCondition, Ref(H,-BuySignalRef)+0.01, 1); //"Buy Hit="+WriteVal(H > Ref(BLBuyPrice,-1)) +" at"+WriteVal(Ref(BLBuyPrice,-1)); //Keep buy signal on until it is hit or marked is below all balance lines: BLBuySignal = Flip(BLBuyCondition , ((NOT BLBuyCondition) AND H >= Ref(BLBuyPrice,-1)) OR BelowAll); //"BLBuySignal "+WriteVal(BLBuySignal)+" BLBuyPrice="+WriteVal(BLBuyPrice); BLBuyHit = Ref(BLBuySignal, -1) AND (NOT BLBuyCondition) AND H >= Ref(BLBuyPrice,-1); //Note that if new buy signal is after a still valid older signal, we choose the lowest from both of them BLBuyPrice = IIf(Ref(BLBuySignal,-1), Min(BLBuyPrice, Ref(BLBuyPrice,-1)), BLBuyPrice); //Sells. Only below balance lines for now HigherLow = Ref(L, -1) < L; //Double the number of LowerHighs Required on GreenBar SellSignalRef = IIf(GreenBar, 2, 1); //"SellSignalRef =" +WriteVal(SellSignalRef ); //1 or 2 higher lows above balance line BLSellCondition = Ref(BelowAll, -SellSignalRef) AND HigherLow AND IIf(GreenBar, Ref(HigherLow,-1) , True); //"BLSellCondition =" +WriteVal(BLSellCondition); //Update price if new sell signal is on, otherwise use previous price: BLSellPrice = HighestSince(BLSellCondition , Ref(L,-SellSignalRef)-0.01, 1); //"Sell Hit="+WriteVal((NOT BLSellCondition) AND L < Ref(BLSellPrice,-1)) +" at"+WriteVal(Ref(BLSellPrice,-1)); //Keep buy signal on until it is hit or market is above all balance lines BLSellSignal = Flip(BLSellCondition, ((NOT BLSellCondition) AND L <= Ref(BLSellPrice,-1)) OR AboveAll); //"BLSellSignal"+WriteVal(BLSellSignal)+" BLSellPrice="+WriteVal(BLSellPrice); BLSellHit = Ref(BLSellSignal, -1) AND (NOT BLSellCondition) AND L <= Ref(BLSellPrice,-1); //Note that if new sell signal is after a still valid older signal, we choose the highest from both of them BLSellPrice = IIf(Ref(BLSellSignal,-1), Max(BLSellPrice, Ref(BLSellPrice,-1)), BLSellPrice); //Bars Analysis //------------- Third = (H-L) / 3; Line1 = H - Third; Line2 = L + Third; Half = L + ((H-L) / 2); //After an extreme bar 85% of the time the market will change direction within the next 1-5 bars. ExtremeBarUp = Open > Line1 AND Close > Line1; ExtremeBarDown = Open < Line2 AND Close < Line2; ExtremeBar = ExtremeBarUp OR ExtremeBarDown; //Bullish AND Bearish Bars Inside the mouth do NOT create a Signal. OutsideMouth = NOT ((H < AlligatorBlue AND L > AlligatorGreen) OR (L > AlligatorBlue AND H < AlligatorGreen)); //Bullish Divergence Bars BullDivBar = OutsideMouth AND L < Ref(L,-1) AND C > Half; //Bearish Divergence Bars BearDivBar = OutsideMouth AND H > Ref(H, -1) AND C < Half; PlotShapes(IIf(ExtremeBar, shapeSmallCircle ,shapeNone), colorBlue, 0, H, 12); PlotShapes(IIf(BullDivBar, shapeSmallCircle ,shapeNone), colorGreen, 0, L, -12); PlotShapes(IIf(BearDivBar, shapeSmallCircle ,shapeNone), colorRed, 0, H, 12); //Commentary: WriteIf(ExtremeBarUp OR ExtremeBarDown, "Possible Change of direction within the next 1-5 bars. (Extreme Bar)\n","")+ "Buy Signals:\n"+ WriteIf(FUpSignalOn , "Place Buy Stop if Price rises to" +WriteVal(FUpBuyPrice)+ " or higher. (F+)\n","")+ WriteIf(BullDivBar, "Place Buy Stop if Price rises to" +WriteVal(H+0.01)+ " or higher. (Bullish Divergent Bar)\n","")+ WriteIf(AddOnBuy, "Place Buy Stop if Price rises to" +WriteVal(H+0.01)+ " or higher. (Zones Add On Buy)\n","")+ WriteIf(BLBuySignal,"Place Buy Stop if Price rises to" +WriteVal(BLBuyPrice)+ " or higher. (BL+)\n","")+ "Sell Signals:\n"+ WriteIf(FDownSignalOn , "Place Sell Stop if Price falls to" +WriteVal(FDownSellPrice)+ " or lower. (F-)\n","")+ WriteIf(BearDivBar, "Place Sell Stop if Price falls to" +WriteVal(L-0.01)+ " or lower. (Bearish Divergent Bar)\n","")+ WriteIf(AddOnSell, "Place Sell Stop if Price falls to" +WriteVal(L-0.01)+ " or lower. (Zones Add On Sell)\n","")+ WriteIf(BLSellSignal,"Place Sell Stop if Price falls to" +WriteVal(BLSellPrice)+ " or lower. (BL-)\n","")+ "Hits:\n"+ WriteIf(BLBuyHit,"Buy Stop Hit at" +WriteVal(Ref(BLBuyPrice,-1))+ ". (BL+)\n","")+ WriteIf(BLSellHit,"Sell Stop Hit at" +WriteVal(Ref(BLSellPrice,-1))+ ". (BL-)\n","")+ WriteIf(Ref (FUpSignalOn, -1) AND FUpHit,"Buy Stop Hit at" +WriteVal(Ref(FUpBuyPrice,-1))+ ". (F+)\n","")+ WriteIf(Ref (FDownSignalOn, -1) AND FDownHit,"Sell Stop Hit at" +WriteVal(Ref(FDownSellPrice,-1))+ ". (F-)\n","")+ WriteIf(Ref(Bar5LongOn , -1) AND Bar5LongHit, "Close all positions Hit at" +WriteVal(Ref(Bar5LongPrice,-1))+ ". (Long Five Consecutive Bars Exit)\n","")+ WriteIf(Ref(Bar5ShortOn , -1) AND Bar5ShortHit, "Close all positions Hit at" +WriteVal(Ref(Bar5ShortPrice,-1))+ ". (Short Five Consecutive Bars Exit)\n","")+ "Exits:\n"+ WriteIf(Bar5LongOn , "Long Five Consecutive Bars Exit Strategy: Close all Long positions if Price falls to" +WriteVal(Bar5LongPrice)+ " or lower.\n","")+ WriteIf(Bar5ShortOn, "Short Five Consecutive Bars Exit Strategy: Close all Short positions if Price rises to" +WriteVal(Bar5ShortPrice)+ " or higher.\n","")+ WriteIf(GreenLineLongExit, "Green Line Long Exit Strategy: All Long positions should have been closed when Close Price fell below "+WriteVal(AlligatorGreen)+".\n","")+ WriteIf(RedLineLongExit, "Red Line Long Exit Strategy: All Long positions should have been closed when Close Price fell below "+WriteVal(AlligatorRed)+".\n","")+ WriteIf(GreenLineShortExit, "Green Line Short Exit Strategy: All Short positions should have been closed when Close Price rose above "+WriteVal(AlligatorGreen)+".\n","")+ WriteIf(RedLineShortExit, "Red Line Short Exit Strategy: All Short positions should have been closed when Close Price rose aboce "+WriteVal(AlligatorRed)+".\n","");