{ Downloaded From https://www.WiseStockTrader.com } { Plots breakout long/short signals } { http://www.metastocktools.com } { With thanks to Roy Larsen for Init idea } pds1:=Input("HHV (long) breakout periods", 1,252,21); pds2:=Input("LLV (short) breakout periods", 1,252,10); display:=Input("display: signals=1, in-trade binary=2",1,2,1); x:=Input("use Open=1 High=2 Low=3 Close=4 Volume=5 P=6",1,6,4); delay:=Input("Entry and Exit delay",0,3,0); x:=If(x=1,O,If(x=2,H,If(x=3,L,If(x=5,V,If(x=6,P,C))))); In:=x>Ref(HHV(x,pds1),-1); Out:=x-1)=1; InInit:=Cum(In)=1; Flag:=BarsSince(Init OR In) < BarsSince(Init OR Out)+InInit; In1:=Cum(Cum(In))=1; Out1:=Cum(Cum(Out))=1; If(display=1,Ref(Cum(Cum(In))=1,-delay),0); If(display=1,-Ref(Out1 AND BarsSince(In1)>=BarsSince(Out1),-delay),0); If(display=1,Ref((InInit AND Alert(InInit=0,2) OR Flag AND Alert(Flag=0,2)) - (Flag=0 AND Alert(Flag,2)),-delay),Flag)