This is a new scalping Indicator, with buy and sell arrows that appear when a new signal is detected, and point out the direction that the price should go in the following candles.
It is based on a couple of Universal oscillator.
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// SCALPING DAX INIDCATOR, USABLE ON ANY TOOL, SET UP TIME FRAME 1 MINUTE. // PRC CONTRIBUTE_ ALE_15/12/2017 //DEFPARAM CALCULATEONLASTBARS=50000 //WHB=6 //WHS=6 //BIB=6 //BIS=6 //PPKKS=0.994 //PPKKB=0.994 //RES=3 //SUP=3 // GRAPHIC VARIABLES PIP = 1*Pipsize //ARROW DISTANCE LIN = 20 //LENGTH OF SEGMENT OF SUPPORT OR RESISTENCE RESISTENCE = RES*Pipsize //DISTANCE OF THE SEGMENT OF THE RESISTENCE SUPPORT = SUP*Pipsize //DISTANCE OF THE SEGMENT OF THE SUPPORT // ENABLED PARNER 1-0 / ON-OFF ONCE PrEnabled01 = P01 // SWITCH INDICATOR P01,P02 ETC .. ////////////////////////////////////////////////////////////////////// // MODIFIED UNIVERSAL OSCILLATOR 1 whitenoiseB= (Close - Close[WHS]) if barindex>BIS then a11= exp(-1.414 * 3.14159 / BIS) b11= 2*a11 * Cos(1.414*180 /BIS) c22= b11 c33= -a11 * a11 c11= 1 - c22 - c33 filtB= c11 * (whitenoiseB + whitenoiseB[1])/2+ c22*filtB[1] + c33*filtB[1] filt11 = filtB if ABS(filt11)>pkB[1] then pkB = ABS(filt11) else pkB = PPKKS * pkB[1] endif if pkB=0 then denomB = -1 else denomB = pkB endif if denomB = -1 then resultB = resultB[1] else resultB = filt11/pkB endif endif // MODIFIED UNIVERSAL OSCILLATOR 2 whitenoise= (Close - Close[WHB]) if barindex>BIB then // super smoother filter a1= (-1.414 * 3.14159 / BIB) b1= 2*a1 * Cos(1.414*180 /BIB) c2= b1 c3= -a1 * a1 c1= 1 - c2 - c3 filt= c1 * (whitenoise + whitenoise[1])/2+ c2*filt[1] + c3*filt[1] filt1 = filt if ABS(filt1)>pk[1] then pk = ABS(filt1) else pk = PPKKB * pk[1] endif if pk=0 then denom = -1 else denom = pk endif if denom = -1 then resultS = resultS[1] else resultS = filt1/pk endif endif ////////////////////////////////////////////////////////////////////// //PATNER UP 1 PrUp01 = results <-0.5 PrUp01 = PrUp01 and results crosses over resultb PrUp01 = (PrUp01 and PrEnabled01) //PATNER DOWN 1 PrDw01 = results >0.5 PrDw01 = PrDw01 and results crosses under resultb PrDw01 = (PrDw01 and PrEnabled01) ////////////////////////////////////////////////////////////////////// // COLORS OF THE ARROW AND SEGMENT IF PrUp01 THEN R=0 G=128 B=255 ELSIF PrDw01 THEN R=0 G=128 B=255 endif if TIME >=80000 and time <=210000 THEN if PrUp01 then DRAWARROWUP(barindex,LOW-PIP)coloured(R,G,B) DRAWSEGMENT(barindex,LOW-SUPPORT,barindex-LIN, LOW-SUPPORT )coloured(R,G,B) elsif PrDw01 then DRAWARROWDOWN(barindex,HIGH+PIP)coloured(R,G,B) DRAWSEGMENT(barindex,HIGH+RESISTENCE,barindex-LIN, HIGH+RESISTENCE)coloured(R,G,B) endif ENDIF RETURN |
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Hello, thank you for this indicator, but it doesn’t work ? What is p01 ?
P01=true
What value we should indicate for p01 ?
P01=true
Hello Guys,
it is one error of mine I have up loaded this indicator that I subsequently wanted to sophisticate with some other filters, therefore you will find the P01 as interrupter, you ignore the P01 it is hold on true
I will codify an automatic strategy to search the best sets up for major currencies and indexes, and for the times frame more used.
Hi, i tried to make a TS from this indicator, but i have some trouble, someone could help me?
Merci bien ! Excellentes fêtes de fin d’année
We can discuss about the strategy here: https://www.prorealcode.com/topic/scalping-indicator/
pourrai-tu redéfinir p01 stp ?
P01 , it’s the first patner of the indicator, I hope to add others in future.
// ENABLED PARNER 1-0 / ON-OFF
ONCE PrEnabled01 = P01 // SWITCH INDICATOR P01,P02 ETC ..
We can discuss about the strategy here: https://www.prorealcode.com/topic/scalping-indicator/
CIAO ALE CREDO DI AVER SETTATO PER BENINO LO SCALPING INDICATOR MA NON VISUALIZZO I SEGNALI PER L’OPERATIVITA’….DA COSA PUO’ DIPENDERE? HO MODIFICATO I VALORI CHE CONSIGLI NELLE VARIABILI E HO IMPOSTATO IL GRAFICO AD UN MINUTO CON 50000 X UNITA’. IL PrEnabled = 1 MA NESSUN SEGNALE
Hello, I’m sorry to bother you, I’m new to trading, I managed to download the indicator but I don’t know how to apply it to the price, how I should do it.
Thank you 🙂
i can get it to work? dax 1 min. upload indicator on the4 chart. thank you