// Downloaded From https://www.WiseStockTrader.com /* Suggestion For Confirming Your Trading Signals With Your Tush When the red MT histo is above zero the MT trend is positive, and vice versa, When the black ST line is above zero the ST trend is positive, and vice versa. Long Setup confirmation - for pullback trades. The red MT histo is above zero, the higher the better = the stronger the trend. The black ST line drops below zero. We are now in the ZONE - the long setup zone. Look for the ST line to commence a retracement towards/above the zero line which would signal a probable/possible recommencement of the uptrend. Short Setup confirmation - for pullback trades. Vice Versa. */ SetChartBkColor( ParamColor( "bk color",colorTan ) ); // Bullish Measurements B1=IIf(C>=Ref(C,-1),1,0); B2=IIf(C>=Ref(C,-2),1,0); B3=IIf(C>=Ref(C,-3),1,0); B4=IIf(C>=Ref(C,-4),1,0); B5=IIf(C>=Ref(C,-5),1,0); B6=IIf(C>=Ref(C,-6),1,0); B7=IIf(C>=Ref(C,-7),1,0); B8=IIf(C>=Ref(C,-8),1,0); B9=IIf(C>=Ref(C,-9),1,0); B10=IIf(C>=Ref(C,-10),1,0); B11=IIf(C>=Ref(C,-11),1,0); B12=IIf(C>=Ref(C,-12),1,0); B13=IIf(C>=Ref(C,-13),1,0); B14=IIf(C>=Ref(C,-14),1,0); B15=IIf(C>=Ref(C,-15),1,0); B16=IIf(C>=Ref(C,-16),1,0); B17=IIf(C>=Ref(C,-17),1,0); B18=IIf(C>=Ref(C,-18),1,0); B19=IIf(C>=Ref(C,-19),1,0); B20=IIf(C>=Ref(C,-20),1,0); B21=IIf(C>=Ref(C,-21),1,0); B22=IIf(C>=Ref(C,-22),1,0); B23=IIf(C>=Ref(C,-23),1,0); B24=IIf(C>=Ref(C,-24),1,0); B25=IIf(C>=Ref(C,-25),1,0); B26=IIf(C>=Ref(C,-26),1,0); B27=IIf(C>=Ref(C,-27),1,0); B28=IIf(C>=Ref(C,-28),1,0); B29=IIf(C>=Ref(C,-29),1,0); B30=IIf(C>=Ref(C,-30),1,0); B31=IIf(C>=Ref(C,-31),1,0); B32=IIf(C>=Ref(C,-32),1,0); B33=IIf(C>=Ref(C,-33),1,0); B34=IIf(C>=Ref(C,-34),1,0); B35=IIf(C>=Ref(C,-35),1,0); B36=IIf(C>=Ref(C,-36),1,0); B37=IIf(C>=Ref(C,-37),1,0); B38=IIf(C>=Ref(C,-38),1,0); B39=IIf(C>=Ref(C,-39),1,0); B40=IIf(C>=Ref(C,-40),1,0); // Bearish Measurements C1=IIf(C<=Ref(C,-1),1,0); C2=IIf(C<=Ref(C,-2),1,0); C3=IIf(C<=Ref(C,-3),1,0); C4=IIf(C<=Ref(C,-4),1,0); C5=IIf(C<=Ref(C,-5),1,0); C6=IIf(C<=Ref(C,-6),1,0); C7=IIf(C<=Ref(C,-7),1,0); C8=IIf(C<=Ref(C,-8),1,0); C9=IIf(C<=Ref(C,-9),1,0); C10=IIf(C<=Ref(C,-10),1,0); C11=IIf(C<=Ref(C,-11),1,0); C12=IIf(C<=Ref(C,-12),1,0); C13=IIf(C<=Ref(C,-13),1,0); C14=IIf(C<=Ref(C,-14),1,0); C15=IIf(C<=Ref(C,-15),1,0); C16=IIf(C<=Ref(C,-16),1,0); C17=IIf(C<=Ref(C,-17),1,0); C18=IIf(C<=Ref(C,-18),1,0); C19=IIf(C<=Ref(C,-19),1,0); C20=IIf(C<=Ref(C,-20),1,0); C21=IIf(C<=Ref(C,-21),1,0); C22=IIf(C<=Ref(C,-22),1,0); C23=IIf(C<=Ref(C,-23),1,0); C24=IIf(C<=Ref(C,-24),1,0); C25=IIf(C<=Ref(C,-25),1,0); C26=IIf(C<=Ref(C,-26),1,0); C27=IIf(C<=Ref(C,-27),1,0); C28=IIf(C<=Ref(C,-28),1,0); C29=IIf(C<=Ref(C,-29),1,0); C30=IIf(C<=Ref(C,-30),1,0); C31=IIf(C<=Ref(C,-31),1,0); C32=IIf(C<=Ref(C,-32),1,0); C33=IIf(C<=Ref(C,-33),1,0); C34=IIf(C<=Ref(C,-34),1,0); C35=IIf(C<=Ref(C,-35),1,0); C36=IIf(C<=Ref(C,-36),1,0); C37=IIf(C<=Ref(C,-37),1,0); C38=IIf(C<=Ref(C,-38),1,0); C39=IIf(C<=Ref(C,-39),1,0); C40=IIf(C<=Ref(C,-40),1,0); // Combining the daily Bullish ingredients of the Short-term trend ConditionA= (B1+B2+B3+B4+B5+B6+B7+B8+ B9+B10+B11+B12+B13+B14+B15)/15 ; // Combining the daily Bearish ingredients of the Short-term trend ConditionB= (C1+C2+C3+C4+C5+C6+C7+C8+ C9+C10+C11+C12+C13+C14+C15)/15 ; // Combining the daily Bullish ingredients of the Medium-term trend ConditionC= (B1+B2+B3+B4+B5+B6+B7+B8+B9+B10+B11+B12+B13+B14+B15+ B16+B17+B18+B19+B20+B21+B22+B23+B24+B25+B26+B27+B28+ B29+B30+B32+B33+B34+B35+B36+B37+B38+B39+B40)/40 ; // Combining the daily Bearish ingredients of the Medium-term trend ConditionD= (C1+C2+C3+C4+C5+C6+C7+C8+C9+C10+C11+C12+C13+C14+C15+ C16+C17+C18+C19+C20+C21+C22+C23+C24+C25+C26+C27+C28+ C29+C30+C32+C33+C34+C35+C36+C37+C38+C39+C40)/40 ; Plot(ConditionA-ConditionB,"ST TERM",2,4); Plot(ConditionC-ConditionD,"MT Trend ",4,1); Plot(ConditionC-ConditionD,"",4,2); Plot(0,"",colorGrey50); GraphXSpace= 10; _SECTION_BEGIN(""); _N(Title = "{{NAME}} - {{INTERVAL}} {{DATE}}:: "+_DEFAULT_NAME()+" :: {{OHLCX}} {{VALUES}}" +"\n"+EncodeColor(colorYellow));