Code to buy/sell on a colour indicator

• 12/29/2017 at 11:23 AM #56788
  richarjo

  I want to test an indicator that changes colour when going long or short.  How can I program it with reference to the colour change to buy or sell a contract.

   

   

   

   

  

  richarjo

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  12/29/2017 at 11:27 AM #56789
  Nobody

  Need more information / parameters  , code for indicators would help  , i will give it a go

  

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  12/29/2017 at 11:57 AM #56791
  richarjo

  The indicator I am testing is Ron Blacks Swing Line Indicator. Thanks

  

  richarjo

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  12/29/2017 at 11:59 AM #56792
  richarjo

  Here is the code:

  //PRC_SwingLine Ron Black | indicator
  //20.09.2017
  //Nicolas @ http://www.prorealcode.com
  //Sharing ProRealTime knowledge

  if upsw=1 then
  if high>hH then
  hH=high
  endif
  if low>hL then
  hL=low
  endif

  if high<hL then
  upsw=0
  lL=low
  lH=high
  endif
  endif

  if upsw=0 then
  if low<lL then
  lL=low
  endif
  if high<lH then
  lH=high
  endif

  if low>lH then
  upsw=1
  hH=high
  hL=low
  endif
  endif

  if upsw=1 then
  swingline=hL
  r=0
  g=255
  b=255
  else
  swingline=lH
  r=255
  g=0
  b=255
  endif

  return swingline coloured(r,g,b) style(line,2) as “Swing Line”

  

  richarjo

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  12/29/2017 at 12:25 PM #56793
  Nobody

  use the <> symbol to post code and a screenshot of indi on a chart would be nice  , Some clear definition of EXACTLY what you require would be nice as well

   

  If you require a sell/buy on indicator colourchange you will need more than just an indicator also  >> a pro order code required

   

  Hint its pretty hard to produce an accurate precision pro order code on ambiguous non existant plan    … details required

  

  Nobody

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  12/29/2017 at 12:42 PM #56794
  richarjo

  //PRC_SwingLine Ron Black | indicator //20.09.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge if upsw=1 then if high>hH then hH=high endif if low>hL then hL=low endif if high<hL then upsw=0 lL=low lH=high endif endif if upsw=0 then if low<lL then lL=low endif if high<lH then lH=high endif if low>lH then upsw=1 hH=high hL=low endif endif if upsw=1 then swingline=hL r=0 g=255 b=255 else swingline=lH r=255 g=0 b=255 endif return swingline coloured(r,g,b) style(line,2) as "Swing Line"

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  //PRC_SwingLine Ron Black | indicator //20.09.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge   if upsw=1 then if high>hH then hH=high endif if low>hL then hL=low endif   if high<hL then upsw=0 lL=low lH=high endif endif   if upsw=0 then if low<lL then lL=low endif if high<lH then lH=high endif   if low>lH then upsw=1 hH=high hL=low endif endif   if upsw=1 then swingline=hL r=0 g=255 b=255 else swingline=lH r=255 g=0 b=255 endif   return swingline coloured(r,g,b) style(line,2) as "Swing Line"

   

  

  richarjo

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  12/29/2017 at 12:44 PM #56796
  richarjo

  The magenta and green lines weaving through the candles are the indicator

  

  richarjo

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  12/29/2017 at 1:10 PM #56799
  Nobody

  richarjo wrote:

  The magenta and green lines weaving through the candles are the indicator

  Still not a precise request but ive assumed this is what you require  , you need to get better at defining parameters , still very ambiguous . Anyway as i expected what ive written chops you up in all but strong trending periods . More filter required imo

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = CALL "PRC_SwingLine Ron Black" indicator2 = CALL "PRC_SwingLine Ron Black" c1 = (indicator1[1] < indicator2) IF c1 THEN BUY 1 SHARES AT MARKET ENDIF // Conditions to exit long positions indicator3 = CALL "PRC_SwingLine Ron Black" indicator4 = CALL "PRC_SwingLine Ron Black" c2 = (indicator3[1] > indicator4) IF c2 THEN SELL AT MARKET ENDIF // Conditions to enter short positions indicator5 = CALL "PRC_SwingLine Ron Black" indicator6 = CALL "PRC_SwingLine Ron Black" c3 = (indicator5[1] > indicator6) IF c3 THEN SELLSHORT 1 SHARES AT MARKET ENDIF // Conditions to exit short positions indicator7 = CALL "PRC_SwingLine Ron Black" indicator8 = CALL "PRC_SwingLine Ron Black" c4 = (indicator7[1] < indicator8) IF c4 THEN EXITSHORT AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   // Conditions to enter long positions indicator1 = CALL "PRC_SwingLine Ron Black" indicator2 = CALL "PRC_SwingLine Ron Black" c1 = (indicator1[1] < indicator2)   IF c1 THEN BUY 1 SHARES AT MARKET ENDIF   // Conditions to exit long positions indicator3 = CALL "PRC_SwingLine Ron Black" indicator4 = CALL "PRC_SwingLine Ron Black" c2 = (indicator3[1] > indicator4)   IF c2 THEN SELL AT MARKET ENDIF   // Conditions to enter short positions indicator5 = CALL "PRC_SwingLine Ron Black" indicator6 = CALL "PRC_SwingLine Ron Black" c3 = (indicator5[1] > indicator6)   IF c3 THEN SELLSHORT 1 SHARES AT MARKET ENDIF   // Conditions to exit short positions indicator7 = CALL "PRC_SwingLine Ron Black" indicator8 = CALL "PRC_SwingLine Ron Black" c4 = (indicator7[1] < indicator8)   IF c4 THEN EXITSHORT AT MARKET ENDIF

   

  

  Nobody

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  12/29/2017 at 1:30 PM #56801
  richarjo

  Thanks very much for your help.  I will include other parameters to strengthen the code, as I am aware how to do that.  It was the colour changes that had me confused. Sorry for the ambiguity, will try and be clearer next time.

  

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  12/29/2017 at 1:34 PM #56802
  Nobody

  This is probably a better easier way to produce code

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // indicator shortcut z = CALL "PRC_SwingLine Ron Black" // Conditions to enter long positions indicator1 = z indicator2 = z c1 = (indicator1[1] < indicator2) IF c1 THEN BUY 1 SHARES AT MARKET ENDIF // Conditions to exit long positions indicator3 = z indicator4 = z c2 = (indicator3[1] > indicator4) IF c2 THEN SELL AT MARKET ENDIF // Conditions to enter short positions indicator5 = z indicator6 = z c3 = (indicator5[1] > indicator6) IF c3 THEN SELLSHORT 1 SHARES AT MARKET ENDIF // Conditions to exit short positions indicator7 = z indicator8 = z c4 = (indicator7[1] < indicator8) IF c4 THEN EXITSHORT AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // indicator shortcut     z = CALL "PRC_SwingLine Ron Black"   // Conditions to enter long positions indicator1 = z indicator2 = z c1 = (indicator1[1] < indicator2)   IF c1 THEN BUY 1 SHARES AT MARKET ENDIF   // Conditions to exit long positions indicator3 = z indicator4 = z c2 = (indicator3[1] > indicator4)   IF c2 THEN SELL AT MARKET ENDIF   // Conditions to enter short positions indicator5 = z indicator6 = z c3 = (indicator5[1] > indicator6)   IF c3 THEN SELLSHORT 1 SHARES AT MARKET ENDIF   // Conditions to exit short positions indicator7 = z indicator8 = z c4 = (indicator7[1] < indicator8)   IF c4 THEN EXITSHORT AT MARKET ENDIF

   

  

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  12/29/2017 at 1:39 PM #56805
  Nobody

  Or even go a step further . Just trying to reduce lines and characters in code , this is all good practice for me

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // indicator shortcut z = CALL "PRC_SwingLine Ron Black" // Conditions to enter long positions c1 = z[1] < z IF c1 THEN BUY 1 SHARES AT MARKET ENDIF // Conditions to exit long positions c2 = z[1] > z IF c2 THEN SELL AT MARKET ENDIF // Conditions to enter short positions c3 = z[1] > z IF c3 THEN SELLSHORT 1 SHARES AT MARKET ENDIF // Conditions to exit short positions c4 = z[1] < z IF c4 THEN EXITSHORT AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // indicator shortcut     z = CALL "PRC_SwingLine Ron Black"   // Conditions to enter long positions   c1 = z[1] < z   IF c1 THEN BUY 1 SHARES AT MARKET ENDIF   // Conditions to exit long positions   c2 = z[1] > z   IF c2 THEN SELL AT MARKET ENDIF   // Conditions to enter short positions   c3 = z[1] > z   IF c3 THEN SELLSHORT 1 SHARES AT MARKET ENDIF   // Conditions to exit short positions   c4 = z[1] < z   IF c4 THEN EXITSHORT AT MARKET ENDIF

   

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  12/29/2017 at 11:16 PM #56848
  robertogozzi

  Colours don’t exist, they are just a graphical way to make prices/lines clearer.

  If a candlestick is blue (or green or white)  you know it’s a BULLish one. A piece of code can only tell it because you let it compare the closing price to the opening one, if it’s greater it must be BULLish!

  So to know if a n SMA line is green you simply have to test whether the current closing price is greater than the one of the previous candlestick

  Sma = average[20](close) IF Sma > Sma[1] THEN //Green/Blue/White colour (Bullish) . . ELSE //Red/Black colour (Bearish) . . ENDIF

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  Sma = average[20](close) IF Sma > Sma[1] THEN       //Green/Blue/White colour (Bullish)    .    . ELSE                       //Red/Black colour (Bearish)    .    . ENDIF

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