// Downloaded From https://www.WiseStockTrader.com
/*  Settings setup should have buy and sell at open with one day delay. I also use a 5%
     maximum stop loss.  This code also plots the DMI Index in its own chart pane. Note that I
     have also provided a zero line for better viewing of the zero cross.*/

/* Exploration, System and Indicator 
    Author Steve Wiser
   Email address: slwiserr@erols.com
   May 5, 2001 */

Percent=3;
pds=PeakBars(C,Percent,2)-PeakBars(C,Percent,1);
pds=lastvalue(pds);

/* the following code is for the consolidation periods or better know
as the sleeping Alligator */

var3= 5;
var4= 3;
var10=10;         
var0= Ref(Wilders(C,13),-8);
var1= Ref(Wilders(C,8),-5);
var2= Ref(Wilders(C,5),-3);
var5= Ma((var0+var1+var2),var4) ;
angle=Atan(var5-Ref(var5,-var3)/var3);
angle=iif( angle >90,angle-360,angle);
hope=iif( angle <20 AND angle>-20,1,0);
cry=((Stdev(C,var3*2)   -  Ref(Wilders(Stdev(C,var3*2),8),-5))/
       (Ref(Wilders(Stdev(C,var3*2),8),-5)))<0;

/*  End of Sleeping Alligator which is an area of little or no volitlity or price movement.*/

SI=MA(PDI(pds)-MDI(pds),5);
graph0=SI;  /* Spread Index */
graph1=0;   /* Provides a zero based line of blue color */ 
graph1Style=5;

Buy=cross(SI,0) ;
     /* or PDI(14)>MDI(14) and ADX(14)>MDI(14) and (Hope and Cry)==0;*/
     /* Having PDI and ADX and (Hope and Cry) does not test as well */
sell=cross(0,SI) or ADX(14)<MDI(14) and PDI(14)<MDI(14);

Buy=exrem(buy,sell);    /* this removes redundant buy/sell signals */
Sell=exrem(sell,buy);

short=sell;
cover=buy;

/* The following code is the exploration code */

Filter=(  /*ref(Buy,-1)==0 and*/ (Buy==1)  );
numcolumns = 7;
column0 =ref(C+0.065,-1);
column0format = 1.2;
column0name = "Trigger Price";
column1 = C;
column1name = "Close       ";
column1format = 1.2;
column2 = ma(v,17);
column2name = "17 Ma Vol   ";
column2format = 1.0;
column3 = ma(C,17)/ma(c,50);
column3name = "% 17/50 ";
column3format = 1.2;
column3format = 1.2;
column4= ma(c,17);
column4name="17 C ma";
column4format = 1.2;
column4= ma(c,50);
column4name="50 C ma";
column4format = 1.2;
Column5=SI;
Column5Name="DMI Index";
Column5format=1.2;
Column6=ROC(SI,3);
Column6Name="ROC of SI";
Column6format=1.2;
/*  End of Exploration Code. */