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1111 - C

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ammsna10
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1K views1 page

1111 - C

Uploaded by

ammsna10
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version=5

indicator('GainzAlgo Pro4', overlay=true, max_labels_count=500)


candle_stability_index_param = input.float(0.5, 'Candle Stability Index', 0,
1,step=0.1, group='Technical', tooltip='Candle Stability Index measures the
ratiobetween the body and the wicks of a candle. Higher - more stable.')
rsi_index_param = input.int(50, 'RSI Index', 0, 100, group='Technical',tooltip='RSI
Index measures how overbought/oversold is the market. Higher -
moreoverbought/oversold.')
candle_delta_length_param = input.int(5, 'Candle Delta Length',
3,group='Technical', tooltip='Candle Delta Length measures the period over how
manycandles the price increased/decreased. Higher - longer period.')
disable_repeating_signals_param = input.bool(false, 'Disable Repeating
Signals',group='Technical', tooltip='Removes repeating signals. Useful for removing
clustersof signals and general clarity')
GREEN = color.rgb(29, 255, 40)
RED = color.rgb(255, 0, 0)
TRANSPARENT = color.rgb(0, 0, 0, 100)
label_size = input.string('normal', 'Label Size', options=['huge',
'large','normal', 'small', 'tiny'], group='Cosmetic')
label_style = input.string('text bubble', 'Label Style', ['text bubble','triangle',
'arrow'], group='Cosmetic')
buy_label_color = input(GREEN, 'BUY Label Color',
inline='Highlight',group='Cosmetic')
sell_label_color = input(RED, 'SELL Label Color',
inline='Highlight',group='Cosmetic')
label_text_color = input(color.white, 'Label Text Color',
inline='Highlight',group='Cosmetic')
stable_candle = math.abs(close - open) / ta.tr > candle_stability_index_paramrsi
bullish_engulfing = close[1] < open[1] and close > open and close > open[1]
rsi_below = rsi < rsi_index_paramdecrease_over close <
close[candle_delta_length_param]bull = bullish_engulfing and stable_candle and
rsi_below and decrease_over andbarstate.isconfirmedbearish_engulfing = close[1] >
open[1] and close < open and close < open[1]rsi_above = rsi > 100 -
rsi_index_paramincrease_over = close > close[candle_delta_length_param]bear =
bearish_engulfing and stable_candle and rsi_above and increase_over
andbarstate.isconfirmedvar last_signal = ''if bull and
(disable_repeating_signals_param ? (last_signal != 'buy' ? true : na) :true) if
label_style == 'text bubble' label.new(bull ? bar_index : na, low, 'BUY',
color=buy_label_color,style=label.style_label_up, textcolor=label_text_color,
size=label_size) else if label_style == 'triangle'
label.new(bull ? bar_index : na, low, 'BUY',
yloc=yloc.belowbar,color=buy_label_color, style=label.style_triangleup,
textcolor=TRANSPARENT,size=label_size) else if label_style == 'arrow'
label.new(bull ? bar_index : na, low, 'BUY',
yloc=yloc.belowbar,color=buy_label_color, style=label.style_arrowup,
textcolor=TRANSPARENT,size=label_size) last_signal := 'buy'if bear and
(disable_repeating_signals_param ? (last_signal != 'sell' ? true :na) : true) if
label_style == 'text bubble' label.new(bear ? bar_index : na, high, 'SELL',
color=sell_label_color,style=label.style_label_down, textcolor=label_text_color,
size=label_size) else if label_style == 'triangle' label.new(bear ? bar_index : na,
high, 'SELL', yloc=yloc.abovebar,color=sell_label_color,
style=label.style_triangledown, textcolor=TRANSPARENT,size=label_size) else if
label_style == 'arrow' label.new(bear ? bar_index : na, high, 'SELL',
yloc=yloc.abovebar,color=sell_label_color, style=label.style_arrowdown,
textcolor=TRANSPARENT,size=label_size) last_signal := 'sell'alertcondition(bull,
'BUY Signals', 'New signal: BUY')alertcondition(bear, 'SELL Signals', 'New signal:
SELL')

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