//Strategy Coded by Rajandran R - Author of Marketcalls
//Date : 12 - Oct - 2013

_SECTION_BEGIN("Volatility Band Long Only Reversal Trading System");
average = Param("Band average", 8, 1 );
Volperiod = Param("VolPeriod", 13, 1 );
devfactor = Param("Devfactor", 3.55, 0, 10, 0.01 );
Lowbandadjust = Param("Low band adj.", 0.9, 0, 5, 0.01 );

Typical = ( High + Low + Close )/3;

AdjTyp = IIf( Typical > Ref( Typical, -1 ),
              Typical - Ref( Low, -1 ),
              Ref( Typical, -1 ) - Low );

Deviation = Sum( AdjTyp , VolPeriod )/ VolPeriod * devfactor;

DevHigh = EMA( deviation, average );
DevLow = EMA( deviation, average ) * Lowbandadjust;

Medianaverage = EMA( Typical, average );

up = EMA( Medianaverage, average ) + DevHigh;
down = EMA( Medianaverage, average ) - DevLow;



Plot( C, "VolatilityBand Reversal System" + _PARAM_VALUES() + " Price", colorDefault, styleCandle );

Plot( EMA( Medianaverage, average ) + DevHigh, "Upper", colorViolet );
Plot( EMA( Medianaverage, average ) - DevLow, "Lower", colorViolet );
Plot( MA( Medianaverage, average ), "Median", colorBlue );

Buy = Ref(C,-2) < Ref(down,-2) AND Ref(C,-1)>Ref(down,-1) AND C>Ref(C,-1);
Sell = 0;
Sell = Ref(C,-2) > Ref(up,-2) AND Ref(C,-1)<Ref(up,-1) AND C<Ref(C,-1);

PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);                      
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45); 
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);                      
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);

_SECTION_END();


////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////


_SECTION_BEGIN("MACD Plotter ver 3");

/**********************************************************
 /MACD Cross
***********************************************************/ 



StartBar=SelectedValue(BarIndex());
FinishBar = EndValue( BarIndex() );
i = Startbar;




EWODAILY =  EMA(C,45) - EMA(C,90);

SIG =  EMA(EWODAILY,9);

GfxSelectFont("Tahoma", 11, 700 ); 

todayEWODAILY    = EWODAILY  ; 
onedaybackEWODAILY    =Ref(EWODAILY  ,-1);
twodaybackEWODAILY   =  Ref(EWODAILY  ,-2)  ;

if( (todayEWODAILY   [i] > onedaybackEWODAILY   [i])   AND (onedaybackEWODAILY   [i] <= twodaybackEWODAILY  [i]))
{
GfxSetTextColor(ColorRGB(186,236,94)); 
GfxTextOut("New Trend Up",400,1);
}
if( (todayEWODAILY   [i] < onedaybackEWODAILY  [i])   AND (onedaybackEWODAILY   [i] >= twodaybackEWODAILY  [i]) )
{
GfxSetTextColor(colorRed); 
GfxTextOut("New Trend Dn",400,1);
}

if((todayEWODAILY   [i] > onedaybackEWODAILY  [i])   AND (onedaybackEWODAILY   [i] >= twodaybackEWODAILY   [i])
)
{
GfxSetTextColor(ColorRGB(221,248,112)); 
GfxTextOut("Trend Up",400,1);
}

if( (todayEWODAILY   [i]< onedaybackEWODAILY  [i])   AND (onedaybackEWODAILY   [i] <= twodaybackEWODAILY   [i])
                       )
{
GfxSetTextColor(ColorRGB(248,113,113)); 
GfxTextOut("Trend Dn",400,1);
}



EWODAILY_ZEROCRUP = Cross(EWODAILY ,0);
EWODAILY_ZEROCRDN = Cross(0,EWODAILY );


if(EWODAILY_ZEROCRUP[I])
{
GfxSetTextColor(ColorRGB(221,248,112)); 
GfxTextOut("Zero Cross Up",550,1);
}


if(EWODAILY_ZEROCRDN[I])
{
GfxSetTextColor(ColorRGB(248,113,113)); 
GfxTextOut("Zero Cross Dn",550,1);
}

Plot(SIG ,"",colorBlack,styleLine);


mycolor=IIf(EWODAILY <0 ,ColorRGB(300,100,50),IIf(EWODAILY >0 ,ColorRGB(25,150,150),colorGreen));

Plot(EWODAILY , "EWODAILY ", mycolor, styleHistogram | styleThick| styleNoLabel, styleOwnScale);



 





/****************************************************
                   CHART TITLES
****************************************************/

 
/****************************************************
                   CHART TITLES
****************************************************/


GfxSetTextAlign( TA_left = 0);
GfxSelectFont("Tahoma", 11, 700 ); 
GfxSetTextColor(ColorRGB(209,191,255)); 
GfxTextOut("etasindia.com - EWO ",07, 0); 





GfxSetTextAlign( TA_LEFT = 0 );
GfxSelectFont("Tahoma", 11, 700 ); 
GfxSetTextColor(ColorRGB(255,180,61)); 
GfxTextOut(Name()+ "   " + Date(),07,20); 





 


Title =

"\n";
 
 
 
  

_SECTION_END();