myCandel Infos

Shows the previous Candelrange, ATR[10] and EMA[20] of ATR[10] near candle in two different colours.
Colour change when ATR is over EMA to orange. When range over atr and atr over ema possible stronger moves/volatility.

Shows Arrows for Long and Short recommendation depend on Priceaction and OBV.

You can select which info you want.
18.06.2019 (Release 1.0)

// myCandel
// Shows the Candelrange, ATR and EMA-ATR near candel in two different colours.
// Schows Arrows for Long and Short recommendation depend on Priceaction and OBV.
// 18.06.2019 (Release 1.0)
// Thomas Geisler
// Sharing ProRealTime knowledge

defparam drawonlastbaronly=true // Zeichung nur am letzten Bar

//--settings
info = 1
arrows = 1
//--end

//--init--
alpha = 255
PIP=pipsize*2
//--end--

// --Info
// Vorherige Range[1] und ATR[10] / EMA-ATR[20]Berechnung
myRange = round(Range[1])
myATR = round(AverageTrueRange[10](close[0]))
myEATR = round(ExponentialAverage[20](AverageTrueRange[10](close[0])))
// Anzeige der aktuellen Range / ATR / EMA ATR. Orange wenn über dem Durchschnitt
If Info = 1 then
 if myATR < ExponentialAverage[20](myATR) then
  DrawText("                        #myRange#/#myATR#/#myEATR#",barindex,close-5,SansSerif,Bold,10) coloured(153,153,153,alpha)
 else
  DrawText("                        #myRange#/#myATR#/#myEATR#",barindex,close-5,SansSerif,Standard,10) coloured(255,153,0,alpha)
 endif
endif

// -- Arrows
//Trend bzw Trendstärke ermitteln
// Bestimmung der Stärke eines bullischen Trends
BullTrend = (Close - LOWEST[20](LOW)) / AVERAGETRUERANGE[10]
// Bestimmung der Stärke eines bearischen Trends
BearTrend = (HIGHEST[20](HIGH) - Close) / AVERAGETRUERANGE[10]
// Angleichen
Trend = (BullTrend - BearTrend)
TrendEMA = ExponentialAverage[20](Trend)

// On Balance Volumen zur Bestimmung der Kaufkraft der Bewegung/Trend
myOBV = OBV
myOBVA1 = Average[20](myOBV)
myOBVA2 = Average[10](myOBV)

if Arrows = 1 then
 If Trend > TrendEMA and myOBV > myOBVA1 and myOBV > myOBVA2 then
  DRAWARROWup(barindex,low-PIP) coloured(0,255,0,alpha)
 elsif Trend < TrendEMA and myOBV < myOBVA1 and myOBV < myOBVA2 then
  DRAWARROWdown(barindex,high+PIP)coloured(255,0,0,alpha)
 endif
endif

Return

// myCandel

// Shows the Candelrange, ATR and EMA-ATR near candel in two different colours.

// Schows Arrows for Long and Short recommendation depend on Priceaction and OBV.

// 18.06.2019 (Release 1.0)

// Thomas Geisler

// Sharing ProRealTime knowledge

defparam drawonlastbaronly=true // Zeichung nur am letzten Bar

//--settings

info = 1

arrows = 1

//--end

//--init--

alpha = 255

PIP=pipsize*2

//--end--

// --Info

// Vorherige Range[1] und ATR[10] / EMA-ATR[20]Berechnung

myRange = round(Range[1])

myATR = round(AverageTrueRange[10](close[0]))

myEATR = round(ExponentialAverage[20](AverageTrueRange[10](close[0])))

// Anzeige der aktuellen Range / ATR / EMA ATR. Orange wenn über dem Durchschnitt

If Info = 1 then

if myATR < ExponentialAverage[20](myATR) then

DrawText(" #myRange#/#myATR#/#myEATR#",barindex,close-5,SansSerif,Bold,10) coloured(153,153,153,alpha)

else

DrawText(" #myRange#/#myATR#/#myEATR#",barindex,close-5,SansSerif,Standard,10) coloured(255,153,0,alpha)

endif

// -- Arrows

//Trend bzw Trendstärke ermitteln

// Bestimmung der Stärke eines bullischen Trends

BullTrend = (Close - LOWEST[20](LOW)) / AVERAGETRUERANGE[10]

// Bestimmung der Stärke eines bearischen Trends

BearTrend = (HIGHEST[20](HIGH) - Close) / AVERAGETRUERANGE[10]

// Angleichen

Trend = (BullTrend - BearTrend)

TrendEMA = ExponentialAverage[20](Trend)

// On Balance Volumen zur Bestimmung der Kaufkraft der Bewegung/Trend

myOBV = OBV

myOBVA1 = Average[20](myOBV)

myOBVA2 = Average[10](myOBV)

if Arrows = 1 then

If Trend > TrendEMA and myOBV > myOBVA1 and myOBV > myOBVA2 then

DRAWARROWup(barindex,low-PIP) coloured(0,255,0,alpha)

elsif Trend < TrendEMA and myOBV < myOBVA1 and myOBV < myOBVA2 then

DRAWARROWdown(barindex,high+PIP)coloured(255,0,0,alpha)

endif

Return

ATR intraday OBV

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

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maurizio • 06/19/2019 #
Errore in riga 13 e 16, non funziona
- Thomas • 06/19/2019 #
  @maurizio I dont no how i can change my post. The error in line 13 ist / but need //
  Better to use the ITF

Rocketship • 06/19/2019 #
Please advise what is the repair to the code. Not working.
- Thomas • 06/19/2019 #
  The code is fixed. Noiw // in line 13.
  Better to use the ITF, ther is no error.

Sofitech • 06/19/2019 #
What is the indicator just bellow the price chart please ?
- Thomas • 06/19/2019 #
  ?? near the candel are the range of previous bar, ATR[10] and EMA[20]ATR[10].
  Under/over the candels sometime arrows for Long and Short recommendation depend on Priceaction and OBV.
  Both option can be activate or deactivate.
- Thomas • 06/19/2019 #
  @Sofitech Sorry, now 🙂 Thats the OBV and on top BB 20,2 . When OBV over 20average is green and reverse red. It the OBV out of BB is a white colour. This a areas ther most oversold/overbought

Sofitech • 06/19/2019 #
Thanks. This is interesting

Juanjo • 06/19/2019 #
Hola,
Podrias explicar un poco la idea de trading que está detras del indicador ?.. Gracias
- Thomas • 06/19/2019 #
  Traducción de Google del alemán:
  Estoy buscando movimientos fuertes. Si el ATR es más grande que su promedio y el tamaño de la vela es más grande que el ATR, tengo movimientos rápidos. Por ejemplo, 12/10/9: La vela tiene 12 puntos, el ATR 10 y el promedio de 9.
  Las flechas verde y roja me muestran que el movimiento también es compatible con el volumen.
  Como dirección de tendencia se puede utilizar, por ejemplo, el VWAP.
  
  Google translation from German:
  I am looking for strong movements. If the ATR is larger than its average and the size of the candle is larger than the ATR, I have fast movements. For example, 12/10/9: The candle has 12 points, the ATR 10 and the average 9.
  The green and red arrows show me that the movement is also supported by the volume.
  As trend direction one can use for example the VWAP.
- Thomas • 06/19/2019 #

Thomas • 06/19/2019 #
Beispiel, Ejemplo

atlante • 06/19/2019 #
sigue sin funcionar puedes corregir el codigo gracias es que no se ve nada se queda en negro, al aplicarlo.
- Thomas • 06/19/2019 #
  Como? no intiendo. Can you write in english . It works! Download the itf file.

Thomas • 06/19/2019 #
New Version comin soon…

CHARLESRACHELLE • 06/19/2019 #
OLA NAO SERVE PARA MT4?

supertiti Bonjour Nicolas, Je ne comprend pas bien , le trend change de couleur quand les prix sont a...

Nicolas Oui ce serait possible, cependant l'indicateur est bien prévu pour conserver la couleur de l...

supertiti Quand tu pourras si tu peux nous coder la troisième couleur cela améliorerait les trades cou...

Nicolas remplacer les valeurs de coloured(0,255,0) par coloured(r,g,b) et ajouter ces noms de variab...

mohamed merci Nicolas!

sacram14 Merci Nicolas pour ce set-up que je ne connaissais pas ! J'ai tenté de reprendre le code pou...

Yannick Please find an updated version with stocks below 200 average //ATL All time low identificat...

Papismedov Avram Yannick, missing line of condition 2 "c2=myOBV>BollUP"

x3em This logic does not make sense. we can't be below ATL ever. you probably mean "New low wit...

Nicolas Just add it on the price series.

yomisadiku Hello Nicolas, Can I use high and low price at lines hh=max(hh,close) and ll=min(ll,close) ...

Nicolas Yes you can do that, the impact will be that the trailing stop line will be much close to th...

LucioleLucide Clean view, thanks for sharing

dertopen hi where i can found the window for candle configuration?

paolosab69 Ciao! . I have seen the pictures that explain this metod but i don't understand when is mome...

arnaudat Merci nicolas, j'ai déjà pris cette version et en plus je suis sur les futures. Par contre d...

ullle73 hi nicolas, when im making a strategy out of this i get the error "PRC_VWAP z-score" called ...

Nicolas Please open a new topic in the ProOrder forum section and post the code there in order to ch...

mathiasKN Steffen Schmauch • 12/11/2018 # hello Nicolas, can I change the indicator that I only get t...

Nicolas Please open a new topic in the indicator forum and explain there your query, thank you.

upupandaway This seems like a very useful indicator. However, it does not seem to open properly in the c...

ottimo Thank you Nicolas, great indicator, N. 1

tikigai Merci Nicolas! First Happy new Year 2020. Very good indicator BUT (yes the french "oui, m...

Nicolas Whats prorealtime version? Did you try in version prior to v11? indicator's call and loop ca...

Marcos Alvarez Dominguez Hello Nicolas, is it possible to stablish a bullish screener for this indicator when the cen...

Nicolas Please open a topic in the screener section to ask for this specific query.

zaher123 Hello, the indicator doesn't show up anything on the screen, any suggestions please?

Nicolas Apply it on the price chart. The indicator plot just one single line. There are two in the...

jamesoc Hi Nicolas, do you happen to know if there is an indicator that can be applied to charts, to...

gustavobp Buenos dias Nicolas, al agregar tu indicador no me reconoce la variable Price ni en la linea...

bharatjai Script 'Adaptive ATR' has been saved line 24: no viable alternative at input 'lr' Gettin...

Nicolas download the itf file and import it into your platform.

Francis3332 Bonjour à tous, J'aime beaucoup cet indicateur et j'aimerais pouvoir l'utiliser sur la dern...

Caribeengeek Bonjour j’avais vu que vous proposiez d’écrire des codes pour ceux qui s’y connaisse pas Mai...

Caribeengeek Les devises unité

Nicolas Merci d'utiliser le forum pour les demandes de programmation personnalisée

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