Description:
This indicator is developed for ALEX ATB Bot strategy posted in the library here.
Instructions:
Set values “compra” and “venta” to be shown as HISTOGRAM. That’s all.
How it works?
It shows buy and sell signals.
- Sell signal: Red bar is lighted ON (value=-1)
- Buy signal: Green bar is lighted ON (value=1)
*Full strategy explanations on strategy post
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REM Señal de compra o venta SETJU REM Variables mm = Exponentialaverage[8](close) once uma=Highest[8](high) once umb=Lowest[8](low) REM NOTES // TB = touched bar //if barindex<2 then //ltp = mm //endif // OBJETIVO objetivo=45*pipsize REM Establecimiento del último toque con la media móvil if High > mm and Low < mm then tb = BarIndex ltp = mm uma = mm umb = mm endif REM Establecemos nuevo maximo en movimiento alcista if low>mm then n = BarIndex - tb uma=Highest[n](high) umb=mm endif REM Establecemos nuevo minmo en movimiento bajista if high<mm then m = BarIndex - tb umb=Lowest[m](low) uma=mm endif REM Condición de entrada Largo if (uma-ltp)>objetivo and uma>mm then compra=1 endif if (uma-ltp)<=objetivo then compra=0 endif REM Condición de entrada corto //corto = ltp-umb if (ltp-umb)>objetivo and umb<mm then venta=-1 endif if (ltp-umb)<=objetivo then venta=0 endif REM Mostrar Resultado Return compra coloured(0,128,0) as "compra", venta coloured(220,20,60) as "venta" |
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Doesn’t work for me. Set values “compra” and “venta” to be shown as HISTOGRAM