50% Retrace

• 03/11/2020 at 5:44 PM #121852
  Zigo

  Often I expierence a 50% retrace, In a trendibg market Lower Tops and Lower Bottoms I should try to profit from these phenomea.

  Defparam DRAWONLASTBARONLY =true defparam CALCULATEONLASTBARS = 300 top=t bodem=b V=top-bodem // instappen ESH=B+0.5*v DRAWHLINE(ESH) DRAWTEXT(" EnterShort=#ESH#", barindex, f*ESH ,dialog, standard, 25)coloured(55,155,250,255) st2=B+v DRAWSEGMENT(barindex[p], st2, barindex[q], st2)coloured(255,55,0,255) DRAWTEXT(" StopShort=#st2#", barindex, ST2, dialog, standard, 15)coloured(255,55,0,255) TP0=b DRAWSEGMENT(barindex[r],TP0, barindex[q], TP0)coloured(125,125,125,255) Drawtext(" Lowest=#b#", barindex[21], f*TP0, dialog,standard, 15)coloured(155,155,155,255) TPSH1=b DRAWSEGMENT(barindex[p], TPSH1, barindex[q], TPSH1)coloured(255,55,0,255) DRAWTEXT(" TP 1(Sh)=#TPSH1#", barindex, TPSH1,dialog, standard,15)coloured(255,55,0,255) TPSH2=t-1.272*V DRAWSEGMENT(barindex[p], TPSH2, barindex[q], TPSH2)coloured(255,55,0,255) DRAWTEXT(" TP 2(Sh)=#TPSH2#", barindex, TPSH2, dialog, standard, 15)coloured(255,55,0,255) TPSH3= t-1.618*v DRAWSEGMENT(barindex[p], TPSH3, barindex[q], TPSH3)coloured(255,55,0,255) DRAWTEXT(" TP 3(Sh)=#TPSH3#", barindex, TPSH3, dialog, standard, 15)coloured(255,55,0,255) TPSH4= 2.058-Target4*v DRAWSEGMENT(barindex[p], TPSH4, barindex[q], TPSH4)coloured(255,55,0,255) DRAWTEXT(" TP 4(Sh)=#TPSH4#", barindex, TPSH4, dialog, standard, 15)coloured(255,55,0,255) begin=top DRAWSEGMENT(barindex[r-(round(r/2))],top, barindex[q], top)coloured(125,125,125,255) Drawtext(" Highest#begin#", barindex[21],f* begin, dialog,Standard, 15)coloured(155,155,155,255) return top coloured(125,125,125,255)style(dottedline,1)as"Hoogste", ST2 coloured(205,155,55,255)style(dottedline,1) as"StopLoss", ESH coloured(55,55,255,255)style(dottedline,1) as"EnterShort", TPSH1 coloured(0,105,205,255)style(dottedline,1) as"Targetline 1", TPSH2 coloured(0,155,205,255)style(dottedline,1) as"Targetline 2", TPSH3 coloured(0,155,205,255)style(dottedline,1) as"Targetline 3", TPSH4 coloured(0,155,205,255)style(dottedline,1) as"Targetline 4", TP0 coloured(125,125,125,255)style(dottedline,1)as "bodem"

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  Defparam DRAWONLASTBARONLY =true defparam CALCULATEONLASTBARS = 300   top=t bodem=b V=top-bodem   // instappen ESH=B+0.5*v DRAWHLINE(ESH)   DRAWTEXT("                                        EnterShort=#ESH#", barindex, f*ESH ,dialog, standard, 25)coloured(55,155,250,255)   st2=B+v DRAWSEGMENT(barindex[p], st2, barindex[q], st2)coloured(255,55,0,255) DRAWTEXT("                                        StopShort=#st2#", barindex, ST2, dialog, standard, 15)coloured(255,55,0,255)   TP0=b DRAWSEGMENT(barindex[r],TP0, barindex[q], TP0)coloured(125,125,125,255) Drawtext("                                         Lowest=#b#", barindex[21], f*TP0, dialog,standard, 15)coloured(155,155,155,255)   TPSH1=b   DRAWSEGMENT(barindex[p], TPSH1, barindex[q], TPSH1)coloured(255,55,0,255) DRAWTEXT("                                       TP 1(Sh)=#TPSH1#", barindex, TPSH1,dialog, standard,15)coloured(255,55,0,255)   TPSH2=t-1.272*V DRAWSEGMENT(barindex[p], TPSH2, barindex[q], TPSH2)coloured(255,55,0,255) DRAWTEXT("                                          TP 2(Sh)=#TPSH2#", barindex, TPSH2, dialog, standard, 15)coloured(255,55,0,255)   TPSH3= t-1.618*v DRAWSEGMENT(barindex[p], TPSH3, barindex[q], TPSH3)coloured(255,55,0,255) DRAWTEXT("                                          TP 3(Sh)=#TPSH3#", barindex, TPSH3, dialog, standard, 15)coloured(255,55,0,255)   TPSH4= 2.058-Target4*v DRAWSEGMENT(barindex[p], TPSH4, barindex[q], TPSH4)coloured(255,55,0,255) DRAWTEXT("                                          TP 4(Sh)=#TPSH4#", barindex, TPSH4, dialog, standard, 15)coloured(255,55,0,255)   begin=top DRAWSEGMENT(barindex[r-(round(r/2))],top, barindex[q], top)coloured(125,125,125,255) Drawtext("                                         Highest#begin#", barindex[21],f* begin, dialog,Standard, 15)coloured(155,155,155,255)   return top coloured(125,125,125,255)style(dottedline,1)as"Hoogste", ST2 coloured(205,155,55,255)style(dottedline,1) as"StopLoss", ESH coloured(55,55,255,255)style(dottedline,1) as"EnterShort", TPSH1 coloured(0,105,205,255)style(dottedline,1) as"Targetline 1", TPSH2 coloured(0,155,205,255)style(dottedline,1) as"Targetline 2", TPSH3 coloured(0,155,205,255)style(dottedline,1) as"Targetline 3", TPSH4 coloured(0,155,205,255)style(dottedline,1) as"Targetline 4", TP0 coloured(125,125,125,255)style(dottedline,1)as "bodem"

   

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  Fabiano

  

  Zigo

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  03/11/2020 at 6:01 PM #121854
  Zigo

  At this very moment TP 1 has already reached. See also the firt entry at 13;18:00 Less than an hour later it has reach TP 2.

  In the graph you can see T’s and B’ (Tops and Bottoms) its a pitty but this is another indicator and I want to integrate this indicator with the T’s and B’s into the first indicator on line 4, 5 and 6

  Because  in the indicator shown I have to add to much parameters as you can see in the first attachementy.

  The second attachement shows the completition of TP1

   

  

  Zigo

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  03/11/2020 at 6:40 PM #121865
  Zigo

  50% Retrace The second indicator to create the top's and bottom's

  once n =5 once lastpoint = 0 if High[n] >= highest[2*n+1](high) then LH = 1 Topy = High[n] Topx = barindex[n] //Previous Top PT=highest[n+1](high) DRAWSEGMENT(barindex, PT, barindex[n], PT)coloured(0,205,0,255) elsif Low[n] <= lowest[2*n+1](low) then LL = -1 Bottemy = low[n] Bottemx = barindex[n] PB=lowest[n+1](low) DRAWSEGMENT(barindex, PB, barindex[n], PB)coloured(255,55,55,255) else LL = 0 LH = 0 endif if LH>0 and (lastpoint=-1 or lastpoint=0) then DRAWTEXT("T",TOPx,TOPy+AverageTrueRange[14](close),Dialog,Bold,20) coloured(0,205,0,255) lastpoint = 1 lastX = TOPx lastY = TOPy endif if LL<0 and (lastpoint=1 or lastpoint=0) then DRAWTEXT("B",Bottemx,Bottemy-AverageTrueRange[14](close),Dialog, bold, 20) coloured(251,55,0,255) lastpoint = -1 lastX = Bottemx lastY = Bottemy endif RETURN lastX as"Last Top", LastY as "Last Bottem", PT as "Previous Top",PB as "Previous Bottem"

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  once n =5 once lastpoint = 0   if High[n] >= highest[2*n+1](high) then LH = 1 Topy = High[n] Topx = barindex[n]   //Previous Top   PT=highest[n+1](high) DRAWSEGMENT(barindex, PT, barindex[n], PT)coloured(0,205,0,255) elsif Low[n] <= lowest[2*n+1](low)  then LL = -1 Bottemy = low[n] Bottemx = barindex[n] PB=lowest[n+1](low) DRAWSEGMENT(barindex, PB, barindex[n], PB)coloured(255,55,55,255) else LL = 0 LH = 0 endif if LH>0 and (lastpoint=-1 or lastpoint=0) then DRAWTEXT("T",TOPx,TOPy+AverageTrueRange[14](close),Dialog,Bold,20) coloured(0,205,0,255) lastpoint = 1 lastX = TOPx lastY = TOPy   endif   if LL<0 and (lastpoint=1 or lastpoint=0) then DRAWTEXT("B",Bottemx,Bottemy-AverageTrueRange[14](close),Dialog, bold, 20) coloured(251,55,0,255) lastpoint = -1 lastX = Bottemx lastY = Bottemy endif   RETURN lastX as"Last Top", LastY as "Last Bottem", PT as "Previous Top",PB as "Previous Bottem"

   

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  Fabiano

  

  Zigo

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  03/11/2020 at 8:31 PM #121873
  Zigo

  There is a fault on line 35 in the first indicator it must be:

  TPSH4= t-Target4*v

  1	TPSH4= t-Target4*v

   

  

  Zigo

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  03/12/2020 at 3:27 PM #121923
  Zigo

  The same indicator for LongTrade Intentions

  Defparam DRAWONLASTBARONLY =true defparam CALCULATEONLASTBARS = 300 once r=25 Top=t Bodem=b V=top-bodem // instappen EL=b+0.50*v DRAWTEXT(" #el# Enter(Long)", barindex, el,dialog, standard, 18)coloured(0,105,255,255) st=b DRAWSEGMENT(barindex, st, barindex[r], st)coloured(0,125,25,255) DRAWTEXT(" #b# Initial (Stop)", barindex, St,dialog,standard,15)coloured(150,55,25,255) TP0=t Drawtext("Last Valuble Top", barindex[15],1.0015*TP0, dialog,standard, 15)coloured(205,0,255,255) TP1=b+v DRAWTEXT(" TP1(long) #TP1#", barindex, TP1, dialog, standard, 15)coloured(0,155,50,255) TP2=b+1.272*V DRAWTEXT(" TP2(Long) #TP2#", barindex,TP2, dialog,standard,15)coloured(0,155,20,255) TP3=b+1.618*v DRAWTEXT(" TP3(Long)#TP3#", barindex,TP3, dialog, standard,15)coloured(0,155,25,255) TP4= B+2.058*v DRAWTEXT(" TP4(Long)#TP4#", barindex, TP4, dialog, standard,15)coloured(0,155,25,255) begin=bodem Drawtext("Last Valuble Bottem", barindex[15],1.0015* begin, dialog,standard, 15)coloured(205,0,255,255) return begin coloured(125,125,125,255)style(line,2)as "Start", El coloured(0,155,250,255)style(line,2) as"Enter", St coloured(125,105,55,255)as"Stop",TP0 coloured(125,125,125,255)style(line, 2)as"begin", TP2 as"Targetlijn 2", TP3 as"Targetrlijn3", TP4 as"Targetlijn 4"

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  Defparam DRAWONLASTBARONLY =true defparam CALCULATEONLASTBARS = 300   once r=25   Top=t Bodem=b V=top-bodem   // instappen EL=b+0.50*v   DRAWTEXT(" #el# Enter(Long)", barindex, el,dialog, standard, 18)coloured(0,105,255,255)   st=b DRAWSEGMENT(barindex, st, barindex[r], st)coloured(0,125,25,255) DRAWTEXT(" #b# Initial (Stop)", barindex, St,dialog,standard,15)coloured(150,55,25,255)   TP0=t   Drawtext("Last Valuble Top", barindex[15],1.0015*TP0, dialog,standard, 15)coloured(205,0,255,255)   TP1=b+v   DRAWTEXT(" TP1(long) #TP1#", barindex, TP1, dialog, standard, 15)coloured(0,155,50,255)   TP2=b+1.272*V   DRAWTEXT(" TP2(Long) #TP2#", barindex,TP2, dialog,standard,15)coloured(0,155,20,255)   TP3=b+1.618*v   DRAWTEXT(" TP3(Long)#TP3#", barindex,TP3, dialog, standard,15)coloured(0,155,25,255)   TP4= B+2.058*v   DRAWTEXT(" TP4(Long)#TP4#", barindex, TP4, dialog, standard,15)coloured(0,155,25,255)   begin=bodem   Drawtext("Last Valuble Bottem", barindex[15],1.0015* begin, dialog,standard, 15)coloured(205,0,255,255)   return begin coloured(125,125,125,255)style(line,2)as "Start", El coloured(0,155,250,255)style(line,2) as"Enter", St coloured(125,105,55,255)as"Stop",TP0 coloured(125,125,125,255)style(line, 2)as"begin", TP2 as"Targetlijn 2", TP3 as"Targetrlijn3", TP4 as"Targetlijn 4"

   

  

  Zigo

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  03/12/2020 at 4:06 PM #121932
  Zigo

  Defparam DRAWONLASTBARONLY =true defparam CALCULATEONLASTBARS = 300 once r=25 Top=t Bodem=b V=top-bodem // instappen EL=b+0.50*v DRAWTEXT(" #el# Enter(Long)", barindex, el,dialog, standard, 18)coloured(0,105,255,255) st=b DRAWSEGMENT(barindex, st, barindex[r], st)coloured(0,125,25,255) DRAWTEXT(" #b# Initial (Stop)", barindex, St,dialog,standard,15)coloured(150,55,25,255) TP0=t Drawtext("Last Valuble Top", barindex[15],1.0015*TP0, dialog,standard, 15)coloured(205,0,255,255) TP1=b+v DRAWTEXT(" TP1(long) #TP1#", barindex, TP1, dialog, standard, 15)coloured(0,155,50,255) TP2=b+1.272*V DRAWTEXT(" TP2(Long) #TP2#", barindex,TP2, dialog,standard,15)coloured(0,155,20,255) TP3=b+1.618*v DRAWTEXT(" TP3(Long)#TP3#", barindex,TP3, dialog, standard,15)coloured(0,155,25,255) TP4= B+2.058*v DRAWTEXT(" TP4(Long)#TP4#", barindex, TP4, dialog, standard,15)coloured(0,155,25,255) begin=bodem Drawtext("Last Valuble Bottem", barindex[15],1.0015* begin, dialog,standard, 15)coloured(205,0,255,255) return begin coloured(125,125,125,255)style(line,2)as "Start", El coloured(0,155,250,255)style(line,2) as"Enter", St coloured(125,105,55,255)as"Stop",TP0 coloured(125,125,125,255)style(line, 2)as"begin", TP2 as"Targetlijn 2", TP3 as"Targetrlijn3", TP4 as"Targetlijn 4"

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  Defparam DRAWONLASTBARONLY =true defparam CALCULATEONLASTBARS = 300   once r=25   Top=t Bodem=b V=top-bodem   // instappen EL=b+0.50*v   DRAWTEXT("                                               #el# Enter(Long)", barindex, el,dialog, standard, 18)coloured(0,105,255,255)   st=b DRAWSEGMENT(barindex, st, barindex[r], st)coloured(0,125,25,255) DRAWTEXT("                                                                 #b# Initial (Stop)", barindex, St,dialog,standard,15)coloured(150,55,25,255)   TP0=t   Drawtext("Last Valuble Top", barindex[15],1.0015*TP0, dialog,standard, 15)coloured(205,0,255,255)     TP1=b+v   DRAWTEXT("                                                                    TP1(long) #TP1#", barindex, TP1, dialog, standard, 15)coloured(0,155,50,255)   TP2=b+1.272*V   DRAWTEXT("                                                                       TP2(Long) #TP2#", barindex,TP2, dialog,standard,15)coloured(0,155,20,255)   TP3=b+1.618*v   DRAWTEXT("                                                                        TP3(Long)#TP3#", barindex,TP3, dialog, standard,15)coloured(0,155,25,255)   TP4= B+2.058*v   DRAWTEXT("                                                                        TP4(Long)#TP4#", barindex, TP4, dialog, standard,15)coloured(0,155,25,255)   begin=bodem   Drawtext("Last Valuble Bottem", barindex[15],1.0015* begin, dialog,standard, 15)coloured(205,0,255,255)   return begin coloured(125,125,125,255)style(line,2)as "Start", El coloured(0,155,250,255)style(line,2) as"Enter", St coloured(125,105,55,255)as"Stop",TP0 coloured(125,125,125,255)style(line, 2)as"begin", TP2 as"Targetlijn 2", TP3 as"Targetrlijn3", TP4 as"Targetlijn 4"

   

  

  Zigo

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  03/12/2020 at 11:46 PM #122010
  eckaw

  Hi Zigo,

  I get an error message:

  Syntax error:

  The following variable is undefined: t

  The following variable is undefined: b

  Do you know how to fix this?

   

  

  eckaw

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  03/13/2020 at 10:33 AM #122037
  Zigo

  Thats wy I asking help to integrate the two indicators. Because you have to gice in the last top and the last bottem, they change.

  

  Zigo

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  03/13/2020 at 10:57 AM #122039
  Fabiano

  Hello, please what am I wrong?
  Thanks for your help

  

  Fabiano

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  03/13/2020 at 11:21 AM #122044
  Zigo

  The last top and Last bottem is manually , fill in the values as is mentioned above. (10:33 AM)

  The values in the indicator are from USDJPY, replace them.

  

  Zigo

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  03/13/2020 at 11:47 AM #122048
  Zigo

  @Fabiano maybe my topic “Wanted help to integrate two indicators” can help you and others.

  

  Zigo

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  03/13/2020 at 11:52 AM #122052
  Fabiano

  Unfortunately I’m not a programmer, I understand little about codes. Sorry thanks

  

  Fabiano

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  03/13/2020 at 3:09 PM #122067
  Zigo

  @ Fabiano, I hope your syntax error is solved? You have to

  Fill in the last valuable bottem B

  Fill in last valuable top T

  

  Zigo

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  03/13/2020 at 3:22 PM #122070
  Zigo

  Furthermore I realy would appreciate that the programming adapt the Stoploss changes. If TP1 is reached the stoploss = BreakEven, If TP2 is reached stoploss = TP1 If TP3 is reached Stoploss = TP2 and so on. In the attachement stoploss= TP1.

  

  Zigo

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  03/20/2020 at 4:19 PM #122740
  Zigo

  We shall see.

  

  Zigo

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