// Downloaded From https://www.WiseStockTrader.com // EW STUFF _SECTION_BEGIN("AA Adget XTL"); price1=EMA((H+L)/2,5)-EMA((H+L)/2,17); k=1; k2=0.0555; Lens=5; upperband=Price1+k2*(k*Price1-price1); Lowerband=Price1+K2*(K*Price1-price1); Plot(Price1,"EW Osc",colorLightGrey,styleHistogram); Plot(IIf(price1>0 AND BarsSince(Price1)>=2 ,upperband,0),"UB",colorRed,styleLine); Plot(IIf(price1<0 AND BarsSince(Price1)>=2 ,Lowerband,0),"UB",colorGreen,styleLine); Plot(WMA(Price1,Lens),"",colorOrange,styleLine); colordots = IIf(WMA(Price1,Lens) > 0,colorGreen,IIf(WMA(Price1,Lens) < 0,colorRed,colorWhite)); //Plot(WMA(Price1,Lens),"",colordots,styleThick); EW = WMA(Price1,Lens); Buy_EW = Cross(EW,0); Sell_EW = Cross(0,EW); Buy_EW = ExRem(Buy_EW, sell_EW ); sell_EW = ExRem(sell_EW , Buy_EW ); dist = 1.5*ATR(10); for( i = 0; i < BarCount; i++ ) { HH1 = HHV(H,1); LL1 = LLV(L,1); if( Buy_EW[i] ) PlotText( "E@" + C[ i ], i, L[ i ]-dist[i], colorBlack, colorSeaGreen); if( sell_EW[i] ) PlotText( "E@" + C[ i ], i, H[ i ]+dist[i], colorWhite, colorDarkRed); } PlotShapes(Buy_EW*shapeHollowUpArrow,colorBrightGreen, 0, Low, Offset =-5); PlotShapes(sell_EW*shapeHollowDownArrow,colorWhite, 0, High, Offset =-5); _SECTION_END();