// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("_trending wave"); SetChartOptions(0, chartShowArrows|chartShowDates, chartGrid20 |chartGrid50 |chartGrid80); _N(Title =EncodeColor(colorGreen)+ StrFormat("{{NAME}} {{DATE}} " + EncodeColor(colorBlack)+" < Open %g > "+ EncodeColor(colorBlue)+ " < High %g > "+ EncodeColor(colorRed)+" < Low %g > "+ EncodeColor(colorBlack) + " < Close %g > " + EncodeColor(colorBrown ) + "< Change" +" %.2f%% > " + "< Range " +(H-L) +" >" +" < Volume " +WriteVal( V, 1.0 ) +" >"+" {{VALUES}} ", O, H, L, C, SelectedValue( ROC( C, 1 )) )); SetChartBkColor(ParamColor("Outer Panel Color ",colorWhite)); // color of outer border SetChartBkGradientFill( ParamColor("Inner Panel Color Upper Half",colorWhite), ParamColor("Inner Panel Color Lower Half",colorWhite)//color of inner panel ,ParamColor("Behind Text Color", colorLavender)); PositionSize = 1000; SetPositionSize( 1, spsShares ); GraphXSpace=15; Hc=(O+H+L+C)/4; periods = Optimize("periods ",Param("periods ",20,15,20,5),15,30,5); width = Optimize("width ",Param("width ",2,2,2,2),2,2,2); C1 = C - BBandBot( Close, periods, width) ; C2 = BBandTop (Close,periods,width) - BBandBot( Close, periods, width); R = C1 / C2; RS = (AMA( C1, 0.5 ) / AMA( C2, 0.5 )); //smooth uptrend = r > Ref(r,-1); downtrend = r < Ref(r,-1); uptrendS = rs > Ref(rs,-1); downtrendS = rs < Ref(rs,-1); trendu= ((uptrendS +uptrend)/2); trendd=((downtrend +downtrendS)/2); Ho = AMA( Ref( Hc, -1 ), 0.5 ); pds = Optimize("pds ",Param("pds ",4,1,25,1),1,25,1); myArrayu = (RSIa((Ho ), pds )+ RSIa( trendu,pds ) + Ref(RSIa(trendu,pds),-1) + Ref(RSIa(trendu,pds),-2) + Ref(RSIa(trendu,pds),-3))/5 ; myArrayd = (RSIa((Ho ), pds )+ RSIa( trendd,pds ) + Ref(RSIa(trendd,pds),-1) + Ref(RSIa(trendd,pds),-2) + Ref(RSIa(trendd,pds),-3))/5 ; //myArrayu1 = (AMA( myArrayu , 0.5 )); //smooth //myArrayd2 = (AMA( myArrayd , 0.5 )); //smooth BS = ParamToggle("smooth","No|Yes",1); BN = ParamToggle("normal","No|Yes",1); if (BS) Plot( myArrayu , " up ", IIf( myArrayu >=Ref(myArrayu ,-1), colorBlue, colorBlue)); //if (BS) Plot ( 1, "", IIf( myArrayS >Ref(myArrayS ,-1), colorGreen, IIf( myArrayS < Ref(myArrayS ,-1), colorRed, colorPink )), styleOwnScale|styleArea|styleNoLabel, -0.5, 100 ); if (BN) Plot( myArrayd , " dwn ", IIf( myArrayd >=Ref(myArrayd ,-1), colorRed , colorRed )); //if (BN) Plot ( 2, "", IIf( myArray >Ref(myArray ,-1), colorGreen, IIf( myArray < Ref(myArray ,-1), colorRed, colorPink )), styleOwnScale|styleArea|styleNoLabel, -0.5, 100 ); Plot(80,"RESISTENCE",colorRed, styleLine|styleDashed | styleThick); Plot(50,"",colorBlack, styleLine|styleDashed | styleThick); Plot(20,"SUPPORT",colorBlue, styleLine|styleDashed | styleThick); _SECTION_END(); HistInd=myArrayu - myArrayd ; if (BS AND BN) Plot(HistInd, _DEFAULT_NAME(), IIf(HistInd>=0, ParamColor("Up Color", colorDarkGreen), ParamColor("Down Color", colorRed)), ParamStyle( "Style", styleHistogram | styleThick, maskHistogram )); if (BS AND BN) Plot(0,"",colorBlack, styleLine|styleDashed | styleThick); _SECTION_BEGIN("Average Histogram"); avpds = Optimize("average periods ",Param("average periods",7,1,7,1),1,7,1); average=MA(Histind,avpds); Plot(average,"",colorBlack, styleLine|styleDashed ); _SECTION_END(); C1L = Histind > average ;// AND average Ref(average ,-7); C2S = Cross(myArrayd ,myArrayu ); Buy=C1L AND C2L ; Sell=C2s; Short=C1S AND C2S; Cover=C2l; ExRem(Buy,Sell); ExRem(Short,Cover); PlotShapes( Buy * shapeUpTriangle, colorBrightGreen, 0); PlotShapes( Short * shapeDownTriangle, colorOrange, 0); //PlotShapes( Sell * shapeHollowSmallCircle, colorRed, 0); //PlotShapes( Cover * shapeSmallCircle, colorDarkGreen, 0,myarray,Offset=-25); ApplyStop(stopTypeLoss, stopModePercent, Optimize( "stopTypeLoss", 2.5, 2.5, 2.5, 0.5 ) ,1, True ); //ApplyStop(stopTypeProfit , stopModePercent, Optimize( "stopTypeProfit ", 2.0, 2.5, 2.5, 0.1 ) ,2, True ); ////////////////////////////// HIGHLY IMPORTANT //////////////////// //LETOP: ACTIVATESTOPS MOET AANSTAAN IN SETTINGS e = Equity(1,0); /* Highly Important!!. "Removes all extra signals, evaluates stops AND writes BACK signals to Sell/Cover arrays". As it should be!!*/ Lprofit = e - ValueWhen( Buy, e); Sprofit = e - ValueWhen( Short, e); PlotShapes( Buy* shapeUpArrow , colorDarkGreen, 0); PlotShapes( Short* shapeDownArrow , colorDarkRed, 0); //////////////////////////////////////////////////////////////////////////////// _SECTION_BEGIN("Bollinger Bands"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 100, 1 ); Width = Param("Width", 2, 0, 10, 0.05 ); Color = ParamColor("Color", colorLightGrey ); Style = ParamStyle("Style", styleLine | styleNoLabel ) | styleNoLabel; 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, colorWhite, 0.9 ), styleNoLabel | styleCloud | styleNoRescale, Null, Null, Null, -1 ); _SECTION_END();