Flat Trend

This indicator show possible beginning and end of a ‘flat trend’ (ranging market), based on ADX (with DI plus and DI minus) and Parabolic SAR indicator position according to the current price Close.

Converted from MT4 indicator by a request in the indicator’s forum.

//PRC_FlatTrend | indicator
//26.03.2018
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge

PADX=DIplus[14](close)
NADX=DIminus[14](close)
PSAR = SAR[0.02,0.02,0.2]

ExtMapBuffer1=0
ExtMapBuffer2=0
ExtMapBuffer3=0
ExtMapBuffer4=0

if (Psar < Close AND PADX > NADX) then
 ExtMapBuffer2=1
endif
if (Psar < Close AND NADX > PADX) then
 ExtMapBuffer4=1
endif
if (Psar > Close AND NADX > PADX) then
 ExtMapBuffer1=1
endif
if (Psar > Close AND PADX > NADX) then
 ExtMapBuffer3=1
endif

return ExtMapBuffer1 coloured(255,0,0) style(histogram,2), ExtMapBuffer2 coloured(50,205,50) style(histogram,2), ExtMapBuffer3 coloured(250,128,114) style(histogram), ExtMapBuffer4 coloured(144,238,144) style(histogram)

//PRC_FlatTrend | indicator

//26.03.2018

//Nicolas @ www.prorealcode.com

//Sharing ProRealTime knowledge

PADX=DIplus[14](close)

NADX=DIminus[14](close)

PSAR = SAR[0.02,0.02,0.2]

ExtMapBuffer1=0

ExtMapBuffer2=0

ExtMapBuffer3=0

ExtMapBuffer4=0

if (Psar < Close AND PADX > NADX) then

ExtMapBuffer2=1

endif

if (Psar < Close AND NADX > PADX) then

ExtMapBuffer4=1

endif

if (Psar > Close AND NADX > PADX) then

ExtMapBuffer1=1

endif

if (Psar > Close AND PADX > NADX) then

ExtMapBuffer3=1

endif

return ExtMapBuffer1 coloured(255,0,0) style(histogram,2), ExtMapBuffer2 coloured(50,205,50) style(histogram,2), ExtMapBuffer3 coloured(250,128,114) style(histogram), ExtMapBuffer4 coloured(144,238,144) style(histogram)

flat trend range ranging market trend

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments :

Filename : download the ITF files

How to import ITF files into ProRealTime platform?

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winnie37 • 03/26/2018 #
Merci Nicolas.
J’ai un bug d’affichage quand j’utilise ton indicateur. La bougie en cours ne s’affiche pas…Ni la barre ne cours de Flat trend…Elle ne s’adffiche qu’en switchant sur un autre graphe et en y revenant.

Peux-tu vérifier?
Merci

ullle73 • 03/26/2018 #
nicolas, can you somehome make this to be in the background of the price chart?
- jonpt88 • 03/26/2018 #
  none did that yet right?
- Nicolas • 03/26/2018 #
  You can ask for a code modification on forums, please open a new topic with your request.

verdi55 Is there such a thing as a free lunch ?

maceng Thanks Nicolas for this great work! I would like to understand the math behind it in order t...

Nicolas Sorry I have no time to provide assistance for python programmers. Have a good day.

Maz Hi all, firstly happy to know that this is helping you. I look into updating it for PRT11 wh...

Nicolas just use 3 times a linear regression channel code you will find in the library.

leederbyshire Here's the link to alternative linear regression channel indicator Nicolas is referring to t...

julien1978 The ADR value that is plotted intraday does not match the value of the regular ATR indicator...

Fab666 I've tried to get a fix for this also but no luck, it doesn't print the correct data as far ...

Seabiscuit Hi! With the new PRT update, this indicator does not work anymore

Wing Yes, investigate as much as you want. For more insight, you can view the linet1, linet2 etc....

CKW Hi Wing, Thanks for your sharing. I am still trying to breakdown & understand your code...

Wing Hello CKW. No, the parameter, 7 in this case, is used when calling the RSI indicator to ide...

Nicolas Je vais faire l'indicateur et expliquer comment en même temps dans un sujet de forum. Plus s...

gregus merci nicolas toute ma gratitude est pour toi sa sera bien pratique car je pense ne pas etre...

Nicolas Ok merci donc d'ouvrir un sujet spécifique pour cette demande donc :)

algotrader This indicator looks coolBut on attempt to use it for a strategy dev'I get an error.."The in...

dajvop @algotrader if you at the bottom of the code add: RETURN Buffer1 as "up", Buffer2 as "down",...

Bateson Si cela peut servir, l'indicateur Sadukey a été créé en utilisant un générateur de filtre ap...

Arnaud HALVICK Great indicator, thank you!

JMat45 Hi Nicolas, just reviewing this indicator and noticed that you have double assigned the vari...

Nicolas That would not make any difference because the code is read from top to bottom.

MikeGC I don't know if you have used the variables a and b to optimise the parameters for the Super...

gianpiero75 I have not optimized, I multiplied the parameters for 6 (5,8), to use them on the 4 hoursTF...

bertrandpinoy bonjour Mike j utilise TrendChaser V2.0 et quand il prend position cela ne programme pas le ...

Doctrading Hello, The strategy should be improved, no doubt. But it was just one of my ideas, which h...

ALEALE Yes Nicolas is very difficult, macro economic data can destroy any work!!

styrke depends which.. I personally think that it's much more easier to trade on XBTUSD, try to co...

David Thanks for the explanation Nicolas.

freecat1899 Hello, I wanted to create a percent ADR based on this indicator, so I wrote this code that I...

revstrat At first glance, I see this mistake. You shouldn't average the highs and the lows. You shoul...

eisi If i switch between different Markets, the Backgroundcolour will appear where it should not...

datageek How can I get alerts on colour change?

NAMBO40 Hello, I would like to add a 25 period SMA moving average. It's possible?

Fabio Anthony Terrenzio this strategy works only in a well defined trend

brosly Good afternoon I am trying to get the complete code of lex strategy made by adolfo since I s...

dreif123 hi Adolfo, is Alex Auto Trading Botindex working on DAX as well ? if so , can you post the...

Doctrading I forgot to write at the beginning : a = 50 b = 50 These are intermediate levels Sorry

DerPat Thank you. This one could be an aid in my current research on stochastics.

Pelayo it is possible that in line 12 we should put seuilinf=-b, thaks for all

GraHal Ooops got that excited I sent that last one twice! ha (and can't delete it, sorry) I got it...

Eric n = 3 dont forget to allow 3 contract in proorder

UkCoopDownUnder Tried EURUSD GMT and GMT -1, as far back as I can go, Nov 2018 on 15mn Tf, 22% loss

GraHal Hi Nicolas I like this and would like to understand it fully so please forgive the (maybe) d...

Nicolas Hi GraHal, the Factor parameter is only a multiplier of the ATR that is added or subtracted ...

GraHal Nicolas, thank you for your useful and informative response. Yes I optimise using ProBackte...

GraHal Hi Nicolas Britains .itf file didn't work for me ... I had to change h to hh at line 13 and...

Nicolas Thank you GraHal for pointing this error, i have corrected the code in the file. The code in...

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