// Downloaded From https://www.WiseStockTrader.com //Pattern Trading System 6 a= (H>Ref(H,-1) AND L>Ref(L,-1)); b= (HRef(state,-1); st1=stateBarsSince(b); PlotShapes( shapeUpArrow * st ,6,0,L); PlotShapes( shapeDownArrow *st1 ,1,0,H); col=IIf(state == 1 ,51,IIf(state ==0,4,1)); Plot(C,"",Col,128); _SECTION_BEGIN(""); _N(Title = "{{NAME}} - {{INTERVAL}} {{DATE}}:: "+_DEFAULT_NAME()+" :: {{OHLCX}} {{VALUES}}" +"\n"+EncodeColor(colorYellow)+ WriteIf(st,"EXIT all Short positions\nif trading long positions, enter long Now-\nOR at the market price on tomorrow's Open with stop="+EncodeColor(4)+WriteVal(L-.75*ATR(5),1.4)+",","")+ WriteIf(st1,"exit all long positions today with a Market On Close (MOC) order\nOR at the market price on tomorrow's Open with stop="+EncodeColor(4)+WriteVal(H+.75*ATR(5),1.4)+",","")+ WriteIf( st2 ,"No trading signals today.","") ); _SECTION_END(); Filter = st OR st1 OR st2 ; AddColumn(C,"close",1.2); AddColumn(st,"exit short posti",1.2); AddColumn(st1,"exit long posti",1.2); AddColumn(st2,"no signal",1.2); /*this system works by a very simple pattern. It enters long when the price closes above the High of two days ago AND does it on more than 75% above the monthly average Volume. It closes the long position AND enters a Short position when the price closes below the Low of two days ago AND does it on more then 75% above the average monthly Volume.*/