// Downloaded From https://www.WiseStockTrader.com // Date 4 June 2012, Copyright: Maheshwar Kanitkar. mrkanitkar@gmail.com // This is my new classic Moving crossover trading system with advance params. // Setting slow and fast averages. _SECTION_BEGIN("Price"); SetChartOptions(0,chartShowArrows|chartShowDates); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) )); Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 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 ))); } _SECTION_END(); _SECTION_BEGIN("Price Interpretation"); movshort = ParamField("Short Time MA", 8 ); movmed = ParamField("Mid Time MA", 9 ); movlong = ParamField("Long Time MA", 10 ); btop = ParamField("BBTop", 11 ); bbot = ParamField("BBBottom", 12 ); if( Status("action") == actionCommentary ) { width = btop - bbot; lslop = LinRegSlope( C, 30 ) + 100; lslo = LLV( lslop, 90 ); lshi = HHV( lslop, 90 ); lswidth = lshi - lslo; trend = 100*( lslop - lslo )/lswidth; mawidth = MA( width, 100 ); relwidth = 100*(width - mawidth)/mawidth; _N( tname = Name()+"("+FullName()+")" ); printf("Price and moving averages:\n"); printf( tname + " has closed " + WriteIf( C > movshort, "above" , "below" ) + " its Short time moving average. "); printf("\nShort time moving average is currently " + WriteIf( movshort > movmed, "above", "below") + " mid-time, AND " + WriteIf( movshort > movlong, "above", "below" ) + " long time moving averages."); printf("\nThe relationship between price and moving averages is: "+ WriteIf( C > movshort AND movshort > movmed, "bullish", WriteIf( C < movshort AND movshort < movmed, "bearish", "neutral" ) ) + " in short-term, and "+ WriteIf( movshort > movmed AND movmed > movlong , "bullish", WriteIf( movshort < movmed AND movmed < movlong, "bearish", "neutral" ) ) + " in mid-long term. "); printf("\n\nBollinger Bands:\n"); printf(tname+ " has closed " + WriteIf( C < bbot, "below the lower band by " + WriteVal( 100 *( bbot-C )/ width, 1.1 ) + "%%. " + WriteIf( trend < 30, " This combined with the steep downtrend can suggest that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.", WriteIf( trend > 30 AND trend < 70, "Although prices have broken the lower band and a downside breakout is possible, the most likely scenario for "+tname+" is to continue within current trading range.", "" ) ), "" ) + WriteIf( C > btop, "above the upper band by " + WriteVal( 100 *( C- btop )/ width, 1.1 ) + "%%. " + WriteIf( trend > 70, " This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.", WriteIf( trend > 30 AND trend < 70, "Although prices have broken the upper band and a upside breakout is possible, the most likely scenario for "+tname+" is to continue within current trading range.", "" ) ), "" ) + WriteIf( C < btop AND ( ( btop - C ) / width ) < 0.5, "below upper band by " + WriteVal( 100 *( btop - C )/ width, 1.1 ) + "%%. ", WriteIf( C < btop AND C > bbot , "above bottom band by " + WriteVal( 100 *( C - bbot )/ width, 1.1 ) + "%%. ", "" ) )); printf("\n"+ WriteIf( ( trend > 30 AND trend < 70 AND ( C > btop OR C < bbot ) ) AND abs(relwidth) > 40, "This picture becomes somewhat unclear due to the fact that Bollinger Bands are currently", "Bollinger Bands are " )+ WriteVal( abs( relwidth ), 1.1 ) + "%% " + WriteIf( relwidth > 0, "wider" , "narrower" ) + " than normal."); printf("\n"); printf( WriteIf( abs( relwidth ) < 40, "The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.","")+ WriteIf( relwidth < -40, "The narrow width of the bands suggests low volatility as compared to " + tname + "'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. "+ "The bands have been in this narrow range for " + WriteVal(BarsSince(Cross(-40,relwidth)),1.0) + " bars. The probability of a significant price move increases the longer the bands remain in this narrow range." ,"")+ WriteIf( relwidth > 40, "The large width of the bands suggest high volatility as compared to " + tname + "'s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. "+ "The bands have been in this wide range for " + WriteVal(BarsSince(Cross(relwidth,40)),1.0) + " bars.The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range." ,"")); printf("\n\nThis commentary is not a recommendation to buy or sell. Use at your own risk."); } _SECTION_END(); _SECTION_BEGIN("Volume1"); Plot( Volume, _DEFAULT_NAME(), ParamColor("Color", colorBlueGrey ), ParamStyle( "Style", styleHistogram | styleOwnScale | styleThick, maskHistogram ), 2 ); _SECTION_END(); _SECTION_BEGIN("MA3"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1, 10 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END(); _SECTION_BEGIN("MA1"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1, 10 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END(); _SECTION_BEGIN("MA2"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1, 10 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END(); _SECTION_BEGIN("MA4"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1, 10 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END(); _SECTION_BEGIN("MA5"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1, 10 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END(); _SECTION_BEGIN("Magnified Market Price"); FS=Param("Font Size",30,30,100,1); GfxSelectFont("Arial", FS, 900, italic = False, underline = False, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor( ParamColor("Color",colorRed) ); //Hor=Param("Horizontal Position",800,800,800,800); Hor=Param("Horizontal Position",20,20,500,20); Ver=Param("Vertical Position",50,50,250,50); GfxTextOut(""+C,Hor , Ver ); YC=TimeFrameGetPrice("C",inDaily,-1); DD=Prec(C-YC,2); xx=Prec((DD/YC)*100,2); GfxSelectFont("Arial", 12, 700, italic = False, underline = False, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor(ParamColor("Color",colorYellow) ); GfxTextOut(""+DD+" ("+xx+"%)", Hor+5, Ver+45 ); _SECTION_END(); _SECTION_BEGIN("SAR"); acc = Param("Acceleration", 0.02, 0, 1, 0.001 ); accm = Param("Max. acceleration", 0.2, 0, 1, 0.001 ); Plot( SAR( acc, accm ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style", styleDots | styleNoLine, maskDefault | styleDots | styleNoLine ) ); _SECTION_END(); _SECTION_BEGIN("mk classic crossover 1"); // Date 4 June 2012, Copyright: Maheshwar Kanitkar. mrkanitkar@gmail.com // This is my new classic Moving crossover trading system with advance params. // Setting slow and fast averages. //PositionSize = MarginDeposit = 1; //PositionSize = 32000 //NumContracts = 1; //PositionSize = NumContracts * MarginDeposit; buyfast = MA (C,Param ("buy fast avg", 3, 2, 15, 3)); buyslow = MA (C, Param ("buy slow avg", 80, 15, 200, 5)); sellfast = MA (C,Param ("sell fast avg", 3, 2, 15, 3)); sellslow = MA (C, Param ("sell slow avg", 80, 2, 200, 5)); shortfast = MA (C,Param ("short fast avg", 3, 2, 15, 3)); shortslow = MA (C, Param ("short slow avg", 80, 2, 200, 5)); coverfast = MA (C,Param ("cover fast avg", 3, 2, 15, 3)); coverslow = MA (C, Param ("cover slow avg", 80, 15, 200,5)); MA30 = MA (Close, 30); Buy = buyfast > buyslow AND buyfast > MA30 AND Volume > Ref( Volume , -5 ) AND Close > SAR( 0.02, 0.2 )AND MACD () > Signal () AND RSI (14) < 80 AND (ADX (14) > 20) AND Close > Ref( Close , -5 ) ; Sell = sellfast < sellslow AND shortfast < MA30 AND Volume > Ref( Volume , -5 )AND SAR( 0.02, 0.2 ) > Close ; Short = shortfast < shortslow AND shortfast < MA30 AND Volume > Ref( Volume , -5 )AND SAR( 0.02, 0.2 ) > Close ; Cover = coverfast > coverslow AND Close > SAR( 0.02, 0.2 ); //Sell = Sellone OR TimeNum() > 152000; //Cover = Coverone OR TimeNum() > 152000; AlertIf( Buy, "SOUND c:\Windows\Media\chimes.wav", "Buy alert", 2 ); AlertIf( Sell, "SOUND c:\Windows\Media\chimes.wav", "Sell alert", 3 ); // ExRem removes the extra signals that occur between // the buy that enters a position and the sell that exits it. // Comment out the ExRem to see the extra buy signals. // Since the system is already in a long position, // and the system is set by default to take only one position, // the extra buy signals do not do anything. Buy = ExRem(Buy,Sell); Sell = ExRem(Sell,Buy); Short = ExRem(Short,Cover); Cover = ExRem(Cover,Short); // New code dist = 1.5*ATR(10); for( i = 0; i < BarCount; i++ ) { if( Buy[i] ) PlotText( "Buy & Cover Signal\n@" + C[ i ], i, L[ i ]-dist[i], colorWhite, colorBlue ); if( Sell[i] ) PlotText( "Sell & Short Signal\n@ " + C[ i ], i, H[ i ]+dist[i], colorRed, colorYellow ); //if( Short[i] ) PlotText( "Short\n@" + C[ i ], i, H[ i ]+dist[i], colorRed, colorYellow ); //if( Cover[i] ) PlotText( "Cover\n@" + C[ i ], i, L[ i ]-dist[i],colorGreen ); } PlotShapes( Buy * shapeUpTriangle + Sell * shapeDownTriangle, IIf( Buy,colorGreen, colorRed ) ); _SECTION_END(); _SECTION_BEGIN("mkribbons"); // Putting ribbons Len1 = Optimize("Len1", 2, 2, 11, 1); Len2 = Optimize("Len2", 10, 2, 21, 1); Len3 = Optimize("Len3", 30, 2, 50, 1); Len4 = 81; //Indicators MAz = Cum(0); //I believe MAz = 0; would be same as well. MAy = C; for (i = 1; i <= Len2; i++) { MAy = MA(MAy, Len1); MAz = MAz + MAy; } STzero = IIf(HHV(C, Len2) - LLV(C, Len2)==0 ,0.00001,HHV(C, Len2) - LLV(C, Len2)); //just to avoid dividing be zero SwingTrd1 =100 * ((C - (MAz / Len2)) / STzero); Bull_Trend=EMA(SwingTrd1,Len4)>0; Bear_Trend=EMA(SwingTrd1,Len4)<0; Ribbon_kol=IIf(Bull_Trend,colorGreen, IIf(Bear_Trend,colorRed, colorBlack)); Plot(3, "ribbon", Ribbon_kol, styleOwnScale|styleArea|styleNoLabel, -0.5,100); _SECTION_END(); _SECTION_BEGIN("MA"); P = ParamField("Price field",-1); Periods = Param("Periods", 30, 2, 300, 1 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END(); //Topping Bar //Range = H - L ; //TPB = Volume > MA(Volume,9) AND Close < Low + Range/2 AND Range <= ef(Range,-1); //PlotShapes(shapeSmallCircle * TPB,colorYellow,0,H,20);