// Downloaded From https://www.WiseStockTrader.com // RASHEED'S BREAKOUTS // help requested for adding an exploration for End of Day breakouts /* coded by NW Trader 1-29-10 with exploration, chart signals and chart options toggle parameter to select between C or H & L for the breakout crossings toggle parameter added to remove extra trade signals Volume at price added */ _SECTION_BEGIN("BREAK OUTS"); // ============== Standard Chart Code ============================ CodeName = "Rasheed's Breakouts"; SetFormulaName("Rasheed's Breakouts"); // --------------- Controls for Chart Display ---------------------------------- SetChartOptions(0, chartShowDates | chartWrapTitle); 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))); } space = Param("Space on Chart", 20, - 15, 50, 1); GraphXSpace = space; SetChartBkColor(ParamColor("Background Color", colorBlack)); // ================= Rasheed's original code (with Lookback and Shift default set to his specs) ================= H0 = H; L0 = L; C0 = C; O0 = O; Lookback = Param("LookBack", 10, 10, 50, 1); // Default for interday commodity currency trading shift = Param("Shift", 5, 1, 50, 1); // ? x0 = LastValue(Cum(1)); x1 = x0 - shift; H = Ref(H, - shift + 1); L = Ref(L, - shift + 1); H1 = LastValue(Ref(HHV(H, Lookback), - 1)); L1 = LastValue(Ref(LLV(L, Lookback), - 1)); Plot(H1, "H1", colorYellow); Plot(L1, "L1", colorYellow); H = H0; L = L0; C = C0; O = O0; up = Cross(H, H1)AND Cum(1) > x1; dn = Cross(L1, L)AND Cum(1) > x1; Plot(C, "Close", IIf(Cum(1) > x1 - Lookback AND Cum(1) <= x1, colorBlue, IIf(Up, colorBrightGreen, IIf(Dn, colorRed, IIf(C > O, colorGreen, colorRed)))), 64); PlotShapes(shapeDownArrow *(Cum(1) == x1 + 1), colorBlue); // ======================= Exploration and Signal Code ================= TRIGGER = ParamToggle("Trigger ", "CLOSE|HIGH OR LOW"); XH1 = Cross(C, H1); XL1 = Cross(L1, C); XH2 = Cross(H, H1); XL2 = Cross(L1, L); if (TRIGGER == 0) { Buy = XH1; Sell = XL1; } else { Buy = XH2; Sell = XL2; } TradeDisplay = ParamToggle("Remove Extra Trades?", "No|Yes"); if(TradeDisplay != 0){ Buy = ExRem(Buy, Sell); Sell = ExRem(Sell, Buy); // THIS WILL REMOVE EXESS SIGNALS ON A CHART OR IN AN EXPLORATION } Filter = Buy OR Sell; Action = WriteIf(Buy, "BUY", WriteIf(Sell, "SELL", " ")); AddTextColumn(IndustryID(1), "Industry Sector ", 30.0, colorBlue, colorYellow); AddColumn(C, "Last ", 2.2, colorWhite, colorBlue); AddTextColumn(Action, "Action", 8.0, IIf(XH1, colorDarkGreen, colorDarkRed), colorWhite); AddColumn(IIf(XH1, H1, L1), "BREAKOUT LEVEL", 3.2, colorYellow, IIf(XH1, colorDarkGreen, colorDarkRed)); // ----------------------------------------------------------------------------------- Arrow signals --- FOR TRADES ---------------------------------------------------------- PlotShapes(Buy *shapeUpArrow, colorBrightGreen, 0, L /* ENTRY_TRAILARRAY */, - 30); PlotShapes(Sell *shapeDownArrow, colorLightYellow, 0, H, - 30); _SECTION_END(); _SECTION_BEGIN("Volume At Price"); PlotVAPOverlay(Param("Lines", 1000, 100, 1000, 10), Param("Width", 15, 1, 100, 1), ParamColor("Color", colorBlue), ParamToggle("Side", "Left|Right", 1) | 4 *ParamToggle("Z-order", "On top|Behind", 1)); _SECTION_END();