may i have some help on this indicator, i want to make it strategy

• 06/26/2024 at 10:48 PM #234392
  Haidar ali

  xatr = averagetruerange[c](close)
  nLoss = a * xatr

  if heikin then
  src = (open+close+high+low)/4
  else
  src = close
  endif

  if barindex < c then
  xatrTrailingStop = undefined
  pos = 0
  else
  if src > xatrTrailingStop[1] and src[1] > xatrTrailingStop[1] then
  xAtrTrailingStop = max(xatrTrailingStop[1],src-nLoss)
  else
  if src < xatrTrailingStop[1] and src[1] < xatrTrailingStop[1] then
  xAtrTrailingStop = min(xatrTrailingStop[1],src+nLoss)
  else
  if src > xatrTrailingStop[1] then
  xAtrTrailingStop = src-nLoss
  else
  xAtrTrailingStop = src+nLoss
  endif
  endif
  endif

  if src[1] < xatrTrailingStop[1] and src > xAtrTrailingStop[1] then
  pos = 1
  r=250
  g=0
  b=0
  else
  if src[1] > xatrTrailingStop[1] and src < xatrTrailingStop[1] then
  pos = -1
  r=0
  g=0
  b=250
  else
  pos = pos[1]
  endif
  endif
  endif

  ///////Trading conditions
  ema = average[1](src)
  above = ema crosses over xatrTrailingStop
  below = ema crosses under xatrTrailingStop

  buy1 = src > xatrTrailingStop and above
  sell1 = src < xatrTrailingStop and below

  barbuy = src > xatrTrailingStop
  barsell = src < xatrTrailingStop

  //////Plot signals and candles
  if drawsignals then
  if buy1 then
  drawarrowup(barindex,low-0.15*averagetruerange[10])coloured(“green”)
  elsif sell1 then
  drawarrowdown(barindex,high+0.15*averagetruerange[10])coloured(“red”)
  endif
  endif

  if colorcandles then
  if barbuy then
  rbar=0
  gbar=250
  bbar=0
  elsif barsell then
  rbar=250
  gbar=0
  bbar=0
  else
  rbar=125
  gbar=125
  bbar=125
  endif
  DRAWCANDLE(open, high, low, close)coloured(rbar,gbar,bbar)
  endif
  return xatrTrailingStop as “Trailing Stop” coloured(r,g,b)style(line,2)

  

  Haidar ali

  Participant

  Topics: 1

  Replies: 2

  Been thanked: 0 times
  06/27/2024 at 8:19 AM #234414
  Iván

  Hi. Next time you share a code please define all variables (a, c, heikin, etc)

  Here you have the code:

   

  a=2 c=100 heikin=1 xatr = averagetruerange[c](close) nLoss = a * xatr if heikin then src = (open+close+high+low)/4 else src = close endif if barindex < c then xatrTrailingStop = undefined pos = 0 else if src > xatrTrailingStop[1] and src[1] > xatrTrailingStop[1] then xAtrTrailingStop = max(xatrTrailingStop[1],src-nLoss) else if src < xatrTrailingStop[1] and src[1] < xatrTrailingStop[1] then xAtrTrailingStop = min(xatrTrailingStop[1],src+nLoss) else if src > xatrTrailingStop[1] then xAtrTrailingStop = src-nLoss else xAtrTrailingStop = src+nLoss endif endif endif if src[1] < xatrTrailingStop[1] and src > xAtrTrailingStop[1] then pos = 1 r=250 g=0 b=0 else if src[1] > xatrTrailingStop[1] and src < xatrTrailingStop[1] then pos = -1 r=0 g=0 b=250 else pos = pos[1] endif endif endif ///////Trading conditions ema = average[1](src) above = ema crosses over xatrTrailingStop below = ema crosses under xatrTrailingStop buy1 = src > xatrTrailingStop and above sell1 = src < xatrTrailingStop and below barbuy = src > xatrTrailingStop barsell = src < xatrTrailingStop //////Plot signals and candles if buy1 then buy 1 contract at market endif if sell1 then sellshort 1 contract at market endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68

  a=2 c=100 heikin=1   xatr = averagetruerange[c](close) nLoss = a * xatr   if heikin then src = (open+close+high+low)/4 else src = close endif   if barindex < c then xatrTrailingStop = undefined pos = 0 else if src > xatrTrailingStop[1] and src[1] > xatrTrailingStop[1] then xAtrTrailingStop = max(xatrTrailingStop[1],src-nLoss) else if src < xatrTrailingStop[1] and src[1] < xatrTrailingStop[1] then xAtrTrailingStop = min(xatrTrailingStop[1],src+nLoss) else if src > xatrTrailingStop[1] then xAtrTrailingStop = src-nLoss else xAtrTrailingStop = src+nLoss endif endif endif   if src[1] < xatrTrailingStop[1] and src > xAtrTrailingStop[1] then pos = 1 r=250 g=0 b=0 else if src[1] > xatrTrailingStop[1] and src < xatrTrailingStop[1] then pos = -1 r=0 g=0 b=250 else pos = pos[1] endif endif endif   ///////Trading conditions ema = average[1](src) above = ema crosses over xatrTrailingStop below = ema crosses under xatrTrailingStop   buy1 = src > xatrTrailingStop and above sell1 = src < xatrTrailingStop and below   barbuy = src > xatrTrailingStop barsell = src < xatrTrailingStop   //////Plot signals and candles   if buy1 then buy 1 contract at market endif   if sell1 then sellshort 1 contract at market endif

  

  Iván

  Moderator

  Topics: 0

  Replies: 507

  Been thanked: 155 times
  06/27/2024 at 12:29 PM #234426
  MaoRai54

  @IVAN

  Hi, I’m testing the above bot.

  Please clarify what is heikin at third row and why you put 1.

  It’s not a PRT command.

  Many thanks in advance

  

  MaoRai54

  Participant

  Topics: 30

  Replies: 86

  Been thanked: 9 times
  06/27/2024 at 2:51 PM #234433
  Iván

  Hi
  Heikin is a boolean variable (1/0 or true/false).
  It gives you the way to calculate the src variable (check rows 8-12).

  1 user thanked author for this post.

  MaoRai54

  

  Iván

  Moderator

  Topics: 0

  Replies: 507

  Been thanked: 155 times
  06/28/2024 at 10:51 AM #234475
  Haidar ali

  هل يمكنك جعله فعالا على مؤشر ناسداك في فترة 5 دقائق والتوافق مع حركة الشموع في استراتيجية تنبيهات UT bot؟

  Can you make it effective on Nasdaq in 5 minutes period and match the candle movement in UT bot alerts strategy?

  

  Haidar ali

  Participant

  Topics: 1

  Replies: 2

  Been thanked: 0 times
  06/28/2024 at 12:11 PM #234487
  JS

  Hi @Iván

  I think line 50 is wrong, shouldn’t there be a “period” here…?

  

  JS

  Participant

  Topics: 22

  Replies: 1513

  Been thanked: 625 times
  06/29/2024 at 10:51 AM #234525
  robertogozzi

  @Haidar ali

  Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums.

  Thanks 🙂

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 16584

  Been thanked: 3707 times
• Author
  Posts