// Downloaded From https://www.WiseStockTrader.com
_SECTION_BEGIN("Pivot Trading System");
// User defined parameters.
GraphXSpace = 10; //defines how much extra space should be added above and below graph line (in percent).
dist = 0.25*ATR(10);
Capital=Param("Total capital",100000,10000,1000000,1000);
drawdown=Param("Max. loss per trade as % of Capital", 1.0,0.5,25.0,0.1);
room=Param("Room for S/L as % of Pivot value",0.001,0.001,0.02,0.001);
PH= ValueWhen(
(Ref(H,-2) > Ref(H, -4)) AND
(Ref(H,-2) > Ref(H, -3)) AND
(Ref(H,-2) > Ref(H, -1)) AND
(Ref(H,-2) > H), Ref(H,-2));
PL= ValueWhen(
(Ref(L,-2) <= Ref(L, -4)) AND
(Ref(L,-2) <= Ref(L, -3)) AND
(Ref(L,-2) <= Ref(L, -1)) AND
(Ref(L,-2) <= L), Ref(L,-2));
phfilter=PH+(room*PH);
plfilter=PL-(room*PL);
Plot(Ref(PH,2), "UpPivot", ParamColor("UpPivot Color",colorRed), styleDashed);
Plot(Ref(PL,2), "DownPivot",ParamColor("DownPivot Color",colorGreen), styleDashed);
Plot(Ref(Phfilter,2), "Upfilter", ParamColor("upfilter Color",colorRed), styleLine);
Plot(Ref(Plfilter,2), "Downfilter",ParamColor("dnfilter Color",colorGreen), styleLine);
for (a=4;a<BarCount;a++)
{
if ((H[a-2] >= H[a-4]) AND
(H[a-2] >= H[a-3]) AND
(H[a-2] >= H[a-1]) AND
(H[a-2] >= H[a]))
PlotText("PH", a-2, H[a-2], colorGreen);
if ((L[a-2] <= L[a-4]) AND
(L[a-2] <= L[a-3]) AND
(L[a-2] <= L[a-1]) AND
(L[a-2] <= L[a]))
PlotText("PL", a-2, L[a-2]-dist[a-2], colorRed);
}
//Condition for buy : Enter when Close crosses latest pivot high.
Buy = C> (PH+(room*PH));
initialStopBuy=Ref(PL,2)-(Ref(PL,2)*room/100);
trailStopBuy=IIf(C>PH,Ref(initialStopBuy,-1),initialStopBuy);
newStopBuy=trailStopBuy;
BuyLimitCapital=int(Capital/C);
SLbuy=round(C-initialStopBuy);
BuyLimitSL=int((Capital*drawdown)/(100*SLbuy));
//Condition for sell : Exit when previous pivot low is cracked.
Sell = C< (PL-(room*PL));
Buy = ExRem(Buy,Sell);
Sell= ExRem(Sell,Buy);
Short = Sell;
Cover = Buy;
Short=ExRem(Short,Cover);
Cover=ExRem(Cover,Short);
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( shape, IIf( Buy, colorGreen, colorRed ),0, IIf( Buy, Low, High ) );
_SECTION_END();
_SECTION_BEGIN("Macd coloured price");
//============================================candle sticks=======================
a = Param("fast macd period",3,1,100,1);
b = Param("slow macd period",34,1,100,1);
Up_MACD_TRIX = MACD( a, b ) > Ref(MACD(a,b),-1);
Down_MACD_TRIX = MACD( a, b ) < Ref(MACD(a,b),-1);
Colormacd = IIf(Up_MACD_TRIX,colorLime,IIf(Down_MACD_TRIX,colorRed,colorCustom12));
PlotOHLC( Open, High, Low, Close, "", Colormacd, styleBar );
_SECTION_END();
_SECTION_BEGIN("Background_Setting");
SetChartBkGradientFill( ParamColor("BgTop", colorCustom14),
ParamColor("BgBottom", colorLightGrey),ParamColor("titleblock",colorYellow));
_SECTION_END();
// Paste the code below to your price chart somewhere and green ribbon means both
// both MACD and ADX trending up so if the red ribbon shows up the MACD and the ADX
// are both trending down.
_SECTION_BEGIN("trending ribbon");
uptrend=PDI()>MDI()AND Signal()<MACD();
downtrend=MDI()>PDI()AND Signal()>MACD();
Plot( 2, /* defines the height of the ribbon in percent of pane width*/"ribbon",
IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );
_SECTION_END();
_SECTION_BEGIN("Magnified Market Price");
FS=Param("Font Size",30,30,100,1);
GfxSelectFont("Arial", FS, 700, italic = False, underline = False, True );
GfxSetBkMode( colorWhite );
GfxSetTextColor( ParamColor("Color",colorBlack) );
Hor=Param("Horizontal Position",750,800,800,800);
Ver=Param("Vertical Position",27,27,27,27);
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();
///////////////////////////candle stick reader
_SECTION_BEGIN("Candle Identification");
O1 = Ref(O,-1);O2 = Ref(O,-2);
H1 = Ref(H,-1);H2 = Ref(H,-2);
L1 = Ref(L,-1);L2 = Ref(L,-2);
C1 = Ref(C,-1);C2 = Ref(C,-2);
function CandlePattern(P)
{
global PatternName;
if(P == 0) { PatternName = "NearDoji"; Pv = (abs(O-C)<= ((H-L)*0.1)); }
else if(P == 1) { PatternName = "BlackCandle"; Pv = (O>C); }
else if(P == 2) { PatternName = "LongBlackCandle"; Pv = (O>C AND
(O-C)/(.001+H-L)>.6); }
else if(P == 3) { PatternName = "SmallBlackCandle"; Pv = ((O>C) AND
((H-L)>(3*(O-C)))); }
else if(P == 4) { PatternName = "WhiteCandle"; Pv = (C>O); }
else if(P == 5) { PatternName = "LongWhiteCandle"; Pv = ((C>O) AND
((C-O)/(.001+H-L)>.6)); }
else if(P == 6) { PatternName = "SmallWhiteCandle"; Pv = ((C>O) AND
((H-L)>(3*(C-O)))); }
else if(P == 7) { PatternName = "BlackMaubozu"; Pv = (O>C AND H==O AND
C==L); }
else if(P == 8) { PatternName = "WhiteMaubozu"; Pv = (C>O AND H==C AND
O==L); }
else if(P == 9) { PatternName = "BlackClosingMarubozu"; Pv = (O>C AND
C==L); }
else if(P == 10) { PatternName = "WhiteClosingMarubozu"; Pv = (C>O AND
C==H); }
else if(P == 11) { PatternName = "BlackOpeningMarubozu"; Pv = (O>C AND
O==H); }
else if(P == 12) { PatternName = "WhiteOpeningMarubozu"; Pv = (C>O AND
O==L); }
else if(P == 13) { PatternName = "HangingMan"; Pv = (((H-L)>4*(O-C)) AND
((C-L)/(.001+H-L)>= 0.75) AND ((O-L)/(.001+H-L)>= 0.75)); }
else if(P == 14) { PatternName = "Hammer"; Pv = (((H-L)>3*(O-C)) AND
((C-L)/(.001+H-L)>0.6) AND ((O-L)/(.001+H-L)>0.6)); }
else if(P == 15) { PatternName = "InvertedHammer"; Pv = (((H-L)>3*(O-C))
AND ((H-C)/(.001+H-L)>0.6) AND ((H-O)/(.001+H-L)>0.6)); }
else if(P == 16) { PatternName = "ShootingStar"; Pv = (((H-L)>4*(O-C))
AND ((H-C)/(.001+H-L)>= 0.75) AND ((H-O)/(.001+H-L)>= 0.75)); }
else if(P == 17) { PatternName = "BlackSpinningTop"; Pv = ((O>C) AND
((H-L)>(3*(O-C))) AND (((H-O)/(.001+H-L))<.4) AND
(((C-L)/(.001+H-L))<.4)); }
else if(P == 18) { PatternName = "WhiteSpinningTop"; Pv = ((C>O) AND
((H-L)>(3*(C-O))) AND (((H-C)/(.001+H-L))<.4) AND
(((O-L)/(.001+H-L))<.4)); }
else if(P == 19) { PatternName = "BearishAbandonedBaby"; Pv = ((C1 == O1)
AND (C2>O2) AND (O>C) AND (L1>H2) AND (L1>H)); }
else if(P == 20) { PatternName = "BearishEveningDojiStar"; Pv = ((C2>O2)
AND ((C2-O2)/(.001+H2-L2)>.6) AND (C2<O1) AND (C1>O1) AND
((H1-L1)>(3*(C1-O1))) AND (O>C) AND (O<O1)); }
else if(P == 21) { PatternName = "DarkCloudCover"; Pv = (C1>O1 AND
((C1+O1)/2)>C AND O>C AND O>C1 AND C>O1 AND (O-C)/(.001+(H-L)>0.6)); }
else if(P == 22) { PatternName = "BearishEngulfing"; Pv = ((C1>O1) AND
(O>C) AND (O>= C1) AND (O1>= C) AND ((O-C)>(C1-O1))); }
else if(P == 23) { PatternName = "ThreeOutsideDownPattern"; Pv = ((C2>O2)
AND (O1>C1) AND (O1>= C2) AND (O2>= C1) AND ((O1-C1)>(C2-O2)) AND (O>C) AND
(C<C1)); }
else if(P == 24) { PatternName = "BullishAbandonedBaby"; Pv = ((C1 == O1)
AND (O2>C2) AND (C>O) AND (L2>H1) AND (L>H1)); }
else if(P == 25) { PatternName = "BullishMorningDojiStar"; Pv = ((O2>C2)
AND ((O2-C2)/(.001+H2-L2)>.6) AND (C2>O1) AND (O1>C1) AND
((H1-L1)>(3*(C1-O1))) AND (C>O) AND (O>O1)); }
else if(P == 26) { PatternName = "BullishEngulfing"; Pv = ((O1>C1) AND
(C>O) AND (C>= O1) AND (C1>= O) AND ((C-O)>(O1-C1))); }
else if(P == 27) { PatternName = "ThreeOutsideUpPattern"; Pv = ((O2>C2)
AND (C1>O1) AND (C1>= O2) AND (C2>= O1) AND ((C1-O1)>(O2-C2)) AND (C>O) AND
(C>C1)); }
else if(P == 28) { PatternName = "BullishHarami"; Pv = ((O1>C1) AND (C>O)
AND (C<= O1) AND (C1<= O) AND ((C-O)<(O1-C1))); }
else if(P == 29) { PatternName = "ThreeInsideUpPattern"; Pv = ((O2>C2)
AND (C1>O1) AND (C1<= O2) AND (C2<= O1) AND ((C1-O1)<(O2-C2)) AND (C>O) AND
(C>C1) AND (O>O1)); }
else if(P == 30) { PatternName = "PiercingLine"; Pv = ((C1<O1) AND
(((O1+C1)/2)<C) AND (O<C) AND (O<C1) AND (C<O1) AND
((C-O)/(.001+(H-L))>0.6)); }
else if(P == 31) { PatternName = "BearishHarami"; Pv = ((C1>O1) AND (O>C)
AND (O<= C1) AND (O1<= C) AND ((O-C)<(C1-O1))); }
else if(P == 32) { PatternName = "ThreeInsideDownPattern"; Pv = ((C2>O2)
AND (O1>C1) AND (O1<= C2) AND (O2<= C1) AND ((O1-C1)<(C2-O2)) AND (O>C) AND
(C<C1) AND (O<O1)); }
else if(P == 33) { PatternName = "ThreeWhiteSoldiers"; Pv = (C>O*1.01)
AND (C1>O1*1.01) AND (C2>O2*1.01) AND (C>C1) AND (C1>C2) AND (O<C1) AND
(O>O1) AND (O1<C2) AND (O1>O2) AND (((H-C)/(H-L))<.2) AND
(((H1-C1)/(H1-L1))<.2) AND (((H2-C2)/(H2-L2))<.2); }
else if(P == 34) { PatternName = "DarkCloudCover"; Pv = (C1>O1*1.01) AND
(O>C) AND (O>H1) AND (C>O1) AND (((C1+O1)/2)>C) AND (C>O1) AND
(MA(C,13)-Ref(MA(C,13),-4)>0); }
else if(P == 35) { PatternName = "ThreeBlackCrows"; Pv = (O>C*1.01) AND
(O1>C1*1.01) AND (O2>C2*1.01) AND (C<C1) AND (C1<C2) AND (O>C1) AND (O<O1)
AND (O1>C2) AND (O1<O2) AND (((C-L)/(H-L))<.2) AND (((C1-L1)/(H1-L1))<.2)
AND (((C2-L2)/(H2-L2))<.2); }
else if(P == 36) { PatternName = "doji"; Pv = (O == C); }
else if(P == 37) { PatternName = "GapUp"; Pv = GapUp(); }
else if(P == 38) { PatternName = "GapDown"; Pv = GapDown(); }
else if(P == 39) { PatternName = "BigGapUp"; Pv = L>1.01*H1; }
else if(P == 40) { PatternName = "BigGapDown"; Pv = H<0.99*L1; }
else if(P == 41) { PatternName = "HugeGapUp"; Pv = L>1.02*H1; }
else if(P == 42) { PatternName = "HugeGapDown"; Pv = H<0.98*L1; }
else if(P == 43) { PatternName = "DoubleGapUp"; Pv = GapUp() AND
Ref(GapUp(),-1); }
else if(P == 44) { PatternName = "DoubleGapDown"; Pv = GapDown() AND
Ref(GapDown(),-1); }
return Pv;
}
PatternNameList = "";
for(Cp=0; Cp<=44; Cp++)
{
VarSet("Pattern"+NumToStr(Cp,1.0),CandlePattern(cP));
PatternNameList = PatternNameList +PatternName+",";
}
BI = BarIndex();
SelectedBar = SelectedValue(BI) -BI[0];
//Selectedbar = Status("lastvisiblebar")-1;
PStr="";
for(Cp=0; Cp<=44; Cp++)
{
Temp = VarGet("Pattern"+NumToStr(Cp,1.0));
if(temp[SelectedBar]) Pstr=Pstr+"#"+NumToStr(Cp,1.0)+" - "+StrExtract(PatternNameList,Cp)+"\n";
}
FS=Param("Font Size",11,11,100,1);
GfxSelectFont("Times New Roman", FS, 700, True );
GfxSetBkMode( colorWhite );
GfxSetTextColor( ParamColor("Color",colorWhite) );
Hor=Param("Horizontal Position",237,1,1200,1);
Ver=Param("Vertical Position",50,1,830,1);
GfxTextOut("Candle Reader= "+Pstr, Hor , Ver );
_SECTION_END();
_SECTION_BEGIN("Robert's Pivot Points");
//---------------------------------------------------------------------------
// Pivot Pointer
//---------------------------------------------------------------------------
// Now a days each and every trader wants pivot levels for thier day
// trading.But the main feature in this afl is you can get all types of
// pivot point in a single afl, Some of the traders use Woodie pivot,
// caramilla pivot, Fibonacci pivot and most of them used Classical
// pivot, i think this afl will solve all your needs.
//---------------------------------------------------------------------------
//---------------------------------------------------------------------------
// Please write your comments to arokiaraj_robert@yahoo.com
//---------------------------------------------------------------------------
//---------------------------------------------------------------------------
// This section gets whether they want pivot level for intraday or thier eod
//---------------------------------------------------------------------------
_N(ioreod =ParamList("Pivot Levels for ", "Intraday|EOD"));
if (ioreod=="Intraday")
{
yh = TimeFrameGetPrice( "H", inDaily, -1 );
yl = TimeFrameGetPrice( "L", inDaily, -1 );
yc = TimeFrameGetPrice( "C", inDaily, -1 );
}
else
{
yh = TimeFrameGetPrice( "H", inDaily, 0 );
yl = TimeFrameGetPrice( "L", inDaily, 0 );
yc = TimeFrameGetPrice( "C", inDaily, 0 );
}
//---------------------------------------------------------------------------
// To calculate the Pivot Levels
//---------------------------------------------------------------------------
to = TimeFrameGetPrice( "O", inDaily, 0 );
pivot = (yh + yl + yc) / 3;
range = yh - yl;
_N(pist =ParamList("Select Pivot Type ", "Classical Pivot|Woodie Pivot|Caramilla Pivot|Fibonacci Pivot"));
if (pist =="Classical Pivot" )
{
r1 = (2 * pivot) - yl ;
s1 = (2 * pivot) - yh ;
r2 = pivot - s1 + r1;
s2 = pivot - (r1 - s1) ;
r3 = 2 * (pivot - yl) + yh ;
s3 = yl - (2 * (yh - pivot));
}
else if(pist =="Woodie Pivot" )
{
pivot = (yh + yl + yc + to) / 4;
r1 = (2 * pivot) - yl;
r2 = pivot + range;
r3 = yh + 2 * (pivot - yl);
r4 = r3 + range;
s1 = (2 * pivot) - yh;
s2 = pivot - range;
s3 = yl - 2 * (yh - pivot);
s4 = S3 - range;
}
else if(pist =="Caramilla Pivot" )
{
r4 = yc + range * 1.1/2;
r3 = yc + range * 1.1/4;
r2 = yc + range * 1.1/6;
r1 = yc + range * 1.1/12;
s1 = yc - range * 1.1/12;
s2 = yc - range * 1.1/6;
s3 = yc - range * 1.1/4;
s4 = yc - range * 1.1/2;
}
else
{
r3 = pivot + 1.000 * (yh - yl);
r2 = pivot + 0.618 * (yh - yl);
r1 = pivot + 0.382 * (yh - yl);
s1 = pivot - 0.382 * (yh - yl);
s2 = pivot - 0.618 * (yh - yl);
s3 = pivot - 1.000 * (yh - yl);
}
//---------------------------------------------------------------------------
// To Plot Pivot Levels in the screen
//---------------------------------------------------------------------------
_N(dsr =ParamList("Draw Intraday Pivot Levels ", "None|Both|Support|Resistance"));
if (dsr =="Support" OR dsr == "Both")
{
Plot(pivot, "\n Pivot - ",colorGreen,1);
Plot(r1, "Resistance 1 - ",colorDarkRed,1);
Plot(r2, "Resistance 2 - ",colorDarkRed,1);
Plot(r3, "Resistance 3 - ",colorDarkRed,1);
Plot((pivot+r1)/2, "Mid Value of R1 & Pivot ",colorLightBlue,1);
Plot((r3+r2)/2, "Mid Value of R2 & R3 - ",colorLightBlue,1);
Plot((r1+r2)/2, "Mid Value of R1 & R2 - ",colorLightBlue,1);
}
if( dsr == "Resistance" OR dsr == "Both")
{
Plot(pivot, "\n Pivot - ",colorGreen,1);
Plot(s3, "Support 2 - ",colorDarkGreen,1);
Plot(s2, "Support 2 - ",colorDarkGreen,1);
Plot(s1, "Support 1 - ",colorDarkGreen,1);
Plot((s3+s2)/2, "Mid Value of S2 & S3 ",colorWhite,1);
Plot((s1+s2)/2, "Mid Value of S1 & S2 - ",colorWhite,1);
Plot((pivot+s1)/2, "Mid Value of S1 & Pivot ",colorWhite,1);
}
//---------------------------------------------------------------------------
// Printing the pivot level in interpretation window
//---------------------------------------------------------------------------
printf(Name()+ "\n\nResistance - 3 | %g\nResistance - 2 | %g\nResistance - 1 | %g\n" +
"Pivot | %g\nSupport - 1 | %g\nSupport - 2 | %g\nSupport - 3 | %g",
r3,r2,r1,pivot,s1,s2,s3);
//---------------------------------------------------------------------------
// This section is for Exploration
//---------------------------------------------------------------------------
Filter = 1;
AddColumn(r3,"Resistance 3");
AddColumn(r2,"Resistance 2");
AddColumn(r1,"Resistance 1");
AddColumn(Pivot,"Pivot");
AddColumn(s1,"Support 1");
AddColumn(s2,"Support 2");
AddColumn(s3,"Support 3");
//---------------------------------------------------------------------------
// Add Pivot levels along with the title
//---------------------------------------------------------------------------
_N(Title = EncodeColor(colorBrown)+ StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g(%.1f%%)\n"+
EncodeColor(4)+"Resistance 3 -=- %g ::::: Resistance 2 -=- %g ::::: Resistance 1 -=- %g :::::"+
EncodeColor(colorGreen)+" Pivot -=- %g"+
EncodeColor(29)+"\nSupport 1 -=- %g ::::: Support 2 -=- %g ::::: Support 3 -=- %g\n ",
O, H, L, C,SelectedValue( ROC( C, 1 ) ),r3,r2,r1,pivot,s1,s2,s3));
//---------------------------------------------------------------------------
// End of Pivot Point
//---------------------------------------------------------------------------
_SECTION_END();
_SECTION_BEGIN("Bollinger Bands");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1 );
Width = Param("Width", 2, 0, 10, 0.05 );
Color = ParamColor("Color", colorCycle );
Style = ParamStyle("Style");
Plot( BBandTop( P, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style );
Plot( BBandBot( P, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style );
_SECTION_END();