Trend Checker

Trend Checker is a simple indicator that allows you to quickly and easily check long, medium and short term trends. It has eight rows that can each be set to display the overall trend for whatever look back period you choose. It simply compares the price now to the price at the beginning of each look back period and decides if it is up or down and displays a green or red arrow.

Works on all markets and all time frames although you will have to set each period for the chosen time frame as required.

For example if you apply the indicator to a 1 hour chart you may wish to set periods of 1, 4, 24 and 144 to represent 1 hour, 4 hour, 1 day and 1 week periods. On a daily chart you might have 1, 6, 24, 96, and 312 to represent 1 day, 1 week, 1 month and 1 year. You can choose whatever periods you like in whatever order you like and you can turn any row off by setting it to zero. So you can have very long term trends in the top half then a gap and shorter term trends in the bottom half – the options are endless!

The price used can be set to any of the following by changing the PriceType setting to:

0 – Close

1 – Open

2 – Total Price

3 – Typical Price

4 – Weighted Close

5 – Median Price

Under each arrow is shown the number of the period it represents. If you do not want this then untick the ‘NumbersOnOff’ box.

I advise downloading the itf file rather than cut and paste to ensure you get all the functions to work correctly.

//Trend Checker
//Created by Vonasi

//Row1 = 1
//Row1 = 2
//Row1 = 4
//Row1 = 8
//Row1 = 12
//Row1 = 24
//Row1 = 48
//Row1 = 96
//PriceType = 0
//NumbersOnOff = 1

IF PriceType >=0 and PriceType <=5 THEN
 IF PriceType = 0 THEN
  PT = close
 ENDIF

 IF PriceType = 1 THEN
  PT = open
 ENDIF

 IF PriceType = 2 THEN
  PT = TotalPrice
 ENDIF

 IF PriceType = 3 THEN
  PT = TypicalPrice
 ENDIF

 IF PriceType = 4 THEN
  PT = WeightedClose
 ENDIF

 IF PriceType = 5 THEN
  PT = MedianPrice
 ENDIF
ELSE
 PT = 0
ENDIF

IF Row1 > 0 THEN
 IF PT > PT[Row1] THEN
  DRAWTEXT("▲", BarIndex,0.0,SansSerif,BOLD,12) COLOURED(0,255,0)
 ELSE
  IF PT < PT[Row1] THEN
   DRAWTEXT("▼", BarIndex,0.0,SansSerif,BOLD,12) COLOURED(255,0,0)
  ENDIF
 ENDIF
 IF NumbersOnOff THEN
  DRAWTEXT("#Row1#", BarIndex,-0.5,SansSerif,Standard,10) COLOURED(0,0,255)
 ENDIF
ENDIF



IF Row2 > 0 THEN
 IF PT > PT[Row2] THEN
  DRAWTEXT("▲", BarIndex,1.0,SansSerif,BOLD,12) COLOURED(0,255,0)
 ELSE
  IF PT < PT[Row2] THEN
   DRAWTEXT("▼", BarIndex,1.0,SansSerif,BOLD,12) COLOURED(255,0,0)
  ENDIF
 ENDIF
 IF NumbersOnOff THEN
  DRAWTEXT("#Row2#", BarIndex,0.5,SansSerif,Standard,10) COLOURED(0,0,255)
 ENDIF
ENDIF

IF Row3 > 0 THEN
 IF PT > PT[Row3] THEN
  DRAWTEXT("▲", BarIndex,2.0,SansSerif,BOLD,12) COLOURED(0,255,0)
 ELSE
  IF PT < PT[Row3] THEN
   DRAWTEXT("▼", BarIndex,2.0,SansSerif,BOLD,12) COLOURED(255,0,0)
  ENDIF
 ENDIF
 IF NumbersOnOff THEN
  DRAWTEXT("#Row3#", BarIndex,1.5,SansSerif,Standard,10) COLOURED(0,0,255)
 ENDIF
ENDIF

IF Row4 > 0 THEN
 IF PT > PT[Row4] THEN
  DRAWTEXT("▲", BarIndex,3.0,SansSerif,BOLD,12) COLOURED(0,255,0)
 ELSE
  IF PT < PT[Row4] THEN
   DRAWTEXT("▼", BarIndex,3.0,SansSerif,BOLD,12) COLOURED(255,0,0)
  ENDIF
 ENDIF
 IF NumbersOnOff THEN
  DRAWTEXT("#Row4#", BarIndex,2.5,SansSerif,Standard,10) COLOURED(0,0,255)
 ENDIF
ENDIF

IF Row5 > 0 THEN
 IF PT > PT[Row5] THEN
  DRAWTEXT("▲", BarIndex,4.0,SansSerif,BOLD,12) COLOURED(0,255,0)
 ELSE
  IF PT < PT[Row5] THEN
   DRAWTEXT("▼", BarIndex,4.0,SansSerif,BOLD,12) COLOURED(255,0,0)
  ENDIF
 ENDIF
 IF NumbersOnOff THEN
  DRAWTEXT("#Row5#", BarIndex,3.5,SansSerif,Standard,10) COLOURED(0,0,255)
 ENDIF
ENDIF

IF Row6 > 0 THEN
 IF PT > PT[Row6] THEN
  DRAWTEXT("▲", BarIndex,5.0,SansSerif,BOLD,12) COLOURED(0,255,0)
 ELSE
  IF PT < PT[Row6] THEN
   DRAWTEXT("▼", BarIndex,5.0,SansSerif,BOLD,12) COLOURED(255,0,0)
  ENDIF
 ENDIF
 IF NumbersOnOff THEN
  DRAWTEXT("#Row6#", BarIndex,4.5,SansSerif,Standard,10) COLOURED(0,0,255)
 ENDIF
ENDIF

IF Row7 > 0 THEN
 IF PT > PT[Row7] THEN
  DRAWTEXT("▲", BarIndex,6.0,SansSerif,BOLD,12) COLOURED(0,255,0)
 ELSE
  IF PT < PT[Row7] THEN
   DRAWTEXT("▼", BarIndex,6.0,SansSerif,BOLD,12) COLOURED(255,0,0)
  ENDIF
 ENDIF
 IF NumbersOnOff THEN
  DRAWTEXT("#Row7#", BarIndex,5.5,SansSerif,Standard,10) COLOURED(0,0,255)
 ENDIF
ENDIF

IF Row8 > 0 THEN
 IF PT > PT[Row8] THEN
  DRAWTEXT("▲", BarIndex,7.0,SansSerif,BOLD,12) COLOURED(0,255,0)
 ELSE
  IF PT < PT[Row8] THEN
   DRAWTEXT("▼", BarIndex,7.0,SansSerif,BOLD,12) COLOURED(255,0,0)
  ENDIF
 ENDIF
 IF NumbersOnOff THEN
  DRAWTEXT("#Row8#", BarIndex,6.5,SansSerif,Standard,10) COLOURED(0,0,255)
 ENDIF
ENDIF

Hi=7.5
Lo=-1.0

Return Hi,Lo

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//Trend Checker

//Created by Vonasi

//Row1 = 1

//Row1 = 2

//Row1 = 4

//Row1 = 8

//Row1 = 12

//Row1 = 24

//Row1 = 48

//Row1 = 96

//PriceType = 0

//NumbersOnOff = 1

IF PriceType >=0 and PriceType <=5 THEN

IF PriceType = 0 THEN

PT = close

ENDIF

IF PriceType = 1 THEN

PT = open

ENDIF

IF PriceType = 2 THEN

PT = TotalPrice

ENDIF

IF PriceType = 3 THEN

PT = TypicalPrice

ENDIF

IF PriceType = 4 THEN

PT = WeightedClose

ENDIF

IF PriceType = 5 THEN

PT = MedianPrice

ENDIF

ELSE

PT = 0

ENDIF

IF Row1 > 0 THEN

IF PT > PT[Row1] THEN

DRAWTEXT("▲", BarIndex,0.0,SansSerif,BOLD,12) COLOURED(0,255,0)

ELSE

IF PT < PT[Row1] THEN

DRAWTEXT("▼", BarIndex,0.0,SansSerif,BOLD,12) COLOURED(255,0,0)

ENDIF

IF NumbersOnOff THEN

DRAWTEXT("#Row1#", BarIndex,-0.5,SansSerif,Standard,10) COLOURED(0,0,255)

ENDIF

IF Row2 > 0 THEN

IF PT > PT[Row2] THEN

DRAWTEXT("▲", BarIndex,1.0,SansSerif,BOLD,12) COLOURED(0,255,0)

ELSE

IF PT < PT[Row2] THEN

DRAWTEXT("▼", BarIndex,1.0,SansSerif,BOLD,12) COLOURED(255,0,0)

ENDIF

IF NumbersOnOff THEN

DRAWTEXT("#Row2#", BarIndex,0.5,SansSerif,Standard,10) COLOURED(0,0,255)

ENDIF

IF Row3 > 0 THEN

IF PT > PT[Row3] THEN

DRAWTEXT("▲", BarIndex,2.0,SansSerif,BOLD,12) COLOURED(0,255,0)

ELSE

IF PT < PT[Row3] THEN

DRAWTEXT("▼", BarIndex,2.0,SansSerif,BOLD,12) COLOURED(255,0,0)

ENDIF

IF NumbersOnOff THEN

DRAWTEXT("#Row3#", BarIndex,1.5,SansSerif,Standard,10) COLOURED(0,0,255)

ENDIF

IF Row4 > 0 THEN

IF PT > PT[Row4] THEN

DRAWTEXT("▲", BarIndex,3.0,SansSerif,BOLD,12) COLOURED(0,255,0)

ELSE

IF PT < PT[Row4] THEN

DRAWTEXT("▼", BarIndex,3.0,SansSerif,BOLD,12) COLOURED(255,0,0)

ENDIF

IF NumbersOnOff THEN

DRAWTEXT("#Row4#", BarIndex,2.5,SansSerif,Standard,10) COLOURED(0,0,255)

ENDIF

IF Row5 > 0 THEN

IF PT > PT[Row5] THEN

DRAWTEXT("▲", BarIndex,4.0,SansSerif,BOLD,12) COLOURED(0,255,0)

ELSE

IF PT < PT[Row5] THEN

DRAWTEXT("▼", BarIndex,4.0,SansSerif,BOLD,12) COLOURED(255,0,0)

ENDIF

IF NumbersOnOff THEN

DRAWTEXT("#Row5#", BarIndex,3.5,SansSerif,Standard,10) COLOURED(0,0,255)

ENDIF

IF Row6 > 0 THEN

IF PT > PT[Row6] THEN

DRAWTEXT("▲", BarIndex,5.0,SansSerif,BOLD,12) COLOURED(0,255,0)

ELSE

IF PT < PT[Row6] THEN

DRAWTEXT("▼", BarIndex,5.0,SansSerif,BOLD,12) COLOURED(255,0,0)

ENDIF

IF NumbersOnOff THEN

DRAWTEXT("#Row6#", BarIndex,4.5,SansSerif,Standard,10) COLOURED(0,0,255)

ENDIF

IF Row7 > 0 THEN

IF PT > PT[Row7] THEN

DRAWTEXT("▲", BarIndex,6.0,SansSerif,BOLD,12) COLOURED(0,255,0)

ELSE

IF PT < PT[Row7] THEN

DRAWTEXT("▼", BarIndex,6.0,SansSerif,BOLD,12) COLOURED(255,0,0)

ENDIF

IF NumbersOnOff THEN

DRAWTEXT("#Row7#", BarIndex,5.5,SansSerif,Standard,10) COLOURED(0,0,255)

ENDIF

IF Row8 > 0 THEN

IF PT > PT[Row8] THEN

DRAWTEXT("▲", BarIndex,7.0,SansSerif,BOLD,12) COLOURED(0,255,0)

ELSE

IF PT < PT[Row8] THEN

DRAWTEXT("▼", BarIndex,7.0,SansSerif,BOLD,12) COLOURED(255,0,0)

ENDIF

IF NumbersOnOff THEN

DRAWTEXT("#Row8#", BarIndex,6.5,SansSerif,Standard,10) COLOURED(0,0,255)

ENDIF

Hi=7.5

Lo=-1.0

Return Hi,Lo

dashboard trend trend following

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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DarioMazza • 01/06/2018 #
Hi Vonasi, i have a question for you, the comand “pricetype” where did you found it in the manual of prorealtime?
- Vonasi • 01/06/2018 #
  PriceType is just a variable that I use. The value decides what type of price is used in the calculations. If you download the ITF file and import and then add the indicator you can then click on the spanner and change the PriceType value as follows:
  
  0 – Close
  1 – Open
  2 – Total Price
  3 – Typical Price
  4 – Weighted Close
  5 – Median Price

Vonasi • 01/06/2018 #
I noticed a couple of typo errors in the code. The list of variables lines 4 to 11 should be //Row1 //Row2 //Row3 etc to 8 and not //Row1 //Row1 //Row1 etc. Just in case someone wants to remove the // and enter the values manually. If you install the ITF and change the values in the indicator windows this is irrelevant.
The other minor error is that line 40 should read PT = close so that the indicator defaults to close for any incorrect value entered. If you don’t change this minor error then you just don’t get any arrows for an incorrect value.

eckaw Hi Nicolas, I'm using this indicator when there is confluence over 3 different timeframes (5...

Nicolas Yes it is indeed possible. Create a topic in the screener forum and explain what you need an...

KyleReed i've been using this for a few days now and it's really helped me a lot in timing the execut...

Maxime Baudin Interesting, Thank you! :)

franck-david Bonjour Nicolas , actuellement je me forme grace a vos videos tres tres bien expliques mer...

Nicolas Merci. ça n'est pas le lieu pour poser ce genre de question :) Merci d'utiliser le forum Pro...

Vonasi Forum discussion on these indicators can be found here: https://www.prorealcode.com/topic/av...

jennr29 Hi. Is it possible to convert this code to an mq4 file?

Nicolas Sorry but our website is dedicated to prorealtime programming. However, you can ask for priv...

Domenec Claro Juanjo de todas maneras en deinversoratrader.com tienes estsos osciladores evolucionad...

Dron Hola Domenec, en la descripción hablas del indicador velas de colores, no lo encuentro en la...

Domenec Hola Dron mira en el blog deinversoratrader.com en formacion indicadores ahi hay varios grat...

Leo Does it opens pending orders?... maybe they were not trigger.

Mattzi Dont know, all i can see is that it opened an order yesterday in backtest but not live. Th...

Jean-Christophe Hello Leo, when running the strategy from 29/12/2015 to 31/08/2018 on ProRealTime Premium, I...

Gordon101 Hi when I added your Guppy indicator to my chart it went below the chart beside the oscilla...

Nicolas Add it on the price by using the wrench located on the left upper side of your price chart.

Gordon101 Thanks Nicolas, worked a treat.

Geronima Ortiz I watched the video three times, but I can not put the npips parameter as a variable. I do...

Geronima Ortiz I think the video is for an old version of prorealtime, the images do not correspond at all ...

Nicolas indicator1 = CALL “PRC_StopReversal”[npips, 1] and define npips in the optimization window ...

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

ullle73 nicolas, can you somehome make this to be in the background of the price chart?

jonpt88 none did that yet right?

Nicolas You can ask for a code modification on forums, please open a new topic with your request.

Actabi Thank you ! Have you realised your "next step" ?

Jessar guten Tag, gibt es bereits die Aktualisierte Datei?

Per Inge Gents - An update - I have been studying various trading approaches, as this one that is bas...

juanj This gets me thinking about creating a strategy on the 5min timeframe that only takes trades...

GraHal I noted above does okay on DAX 10 min with even a reduction to 30 of the Stop Loss. I've s...

Kris75 Hi Grahal, What about making the same great work you did with the snipet on google doc but...

verdi55 You can find me at www.FXautomate.com Ahh. So i got it ? 4 different supertrends without th...

juanj What? This has nothing to do with the website. The site is simply a service to help people ...

Nicolas Advertising is allowed,as long as people are helping others and if provided services are abo...

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