Rob hoffman method indicator

• 01/12/2024 at 1:22 PM #226276
  flipcash

  Hi i wanna use and test some things with the rob hoffman method, but i get an error and dont know exactly the right code.

  I want a arrow being plotted when the signal comes. but there i get an error at these lines
  if bulltrend
  drawcandle(open, high, low, close, color.green)
  else
  if beartrend
  drawcandle(open, high, low, close, color.red)

  // Define inputs c = 2.8 // factor used to calibrate the shape of the hammer candle used as a signal gradient = 1 // slope of moving averages // Calculate moving averages average1 = average[5](close) average2 = average[20](close) average3 = average[50](close) average4 = average[100](close) // Define trend conditions bulltrend1 = average1 - average1[2] > gradient and average1 < close bulltrend2 = average1 - average2[2] > gradient and average2 < close bulltrend3 = average3 - average3[2] > gradient and average3 < close bulltrend4 = average4 - average4[2] > gradient and average4 < close bulltrend = bulltrend1 and bulltrend2 and bulltrend3 and bulltrend4 beartrend1 = average1 - average1[2] < -gradient and close < average1 beartrend2 = average1 - average2[2] < -gradient and close < average2 beartrend3 = average3 - average3[2] < -gradient and close < average3 beartrend4 = average4 - average4[2] < -gradient and close < average4 beartrend = beartrend1 and beartrend2 and beartrend3 and beartrend4 // Plot candles based on trend if bulltrend drawcandle(open, high, low, close, color.green) else if beartrend drawcandle(open, high, low, close, color.red) // Plot hammer candles hammerup = abs(open - close) < (high - low) / 2 and close > high - (high - low) / c and open > high - (high - low) / c hammerdown = abs(open - close) < (high - low) / 2 and close < low + (high - low) / c and open < low + (high - low) / c plotshape(series=hammerup, title="Hammer Up", color=color.green, style=shape.triangleup, location=location.belowbar) plotshape(series=hammerdown, title="Hammer Down", color=color.red, style=shape.triangledown, location=location.abovebar)

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  // Define inputs     c = 2.8 // factor used to calibrate the shape of the hammer candle used as a signal   gradient = 1 // slope of moving averages   // Calculate moving averages average1 = average[5](close) average2 = average[20](close) average3 = average[50](close) average4 = average[100](close)   // Define trend conditions bulltrend1 = average1 - average1[2] > gradient and average1 < close bulltrend2 = average1 - average2[2] > gradient and average2 < close bulltrend3 = average3 - average3[2] > gradient and average3 < close bulltrend4 = average4 - average4[2] > gradient and average4 < close bulltrend = bulltrend1 and bulltrend2 and bulltrend3 and bulltrend4   beartrend1 = average1 - average1[2] < -gradient and close < average1 beartrend2 = average1 - average2[2] < -gradient and close < average2 beartrend3 = average3 - average3[2] < -gradient and close < average3 beartrend4 = average4 - average4[2] < -gradient and close < average4 beartrend = beartrend1 and beartrend2 and beartrend3 and beartrend4   // Plot candles based on trend if bulltrend     drawcandle(open, high, low, close, color.green) else     if beartrend         drawcandle(open, high, low, close, color.red)   // Plot hammer candles hammerup = abs(open - close) < (high - low) / 2 and close > high - (high - low) / c and open > high - (high - low) / c hammerdown = abs(open - close) < (high - low) / 2 and close < low + (high - low) / c and open < low + (high - low) / c   plotshape(series=hammerup, title="Hammer Up", color=color.green, style=shape.triangleup, location=location.belowbar) plotshape(series=hammerdown, title="Hammer Down", color=color.red, style=shape.triangledown, location=location.abovebar)

  

  flipcash

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  01/12/2024 at 1:58 PM #226280
  pror

  // Plot candles based on trend if bulltrend then drawcandle(open, high, low, close)COLOURED("green") elsif beartrend then drawcandle(open, high, low, close)COLOURED("red") ENDIF

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  // Plot candles based on trend if bulltrend then drawcandle(open, high, low, close)COLOURED("green") elsif beartrend then drawcandle(open, high, low, close)COLOURED("red") ENDIF

   

  

  pror

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  01/12/2024 at 2:03 PM #226281
  pror

  // Define inputs c = 2.8 // factor used to calibrate the shape of the hammer candle used as a signal gradient = 1 // slope of moving averages // Calculate moving averages average1 = average[5](close) average2 = average[20](close) average3 = average[50](close) average4 = average[100](close) // Define trend conditions bulltrend1 = average1 - average1[2] > gradient and average1 < close bulltrend2 = average1 - average2[2] > gradient and average2 < close bulltrend3 = average3 - average3[2] > gradient and average3 < close bulltrend4 = average4 - average4[2] > gradient and average4 < close bulltrend = bulltrend1 and bulltrend2 and bulltrend3 and bulltrend4 beartrend1 = average1 - average1[2] < -gradient and close < average1 beartrend2 = average1 - average2[2] < -gradient and close < average2 beartrend3 = average3 - average3[2] < -gradient and close < average3 beartrend4 = average4 - average4[2] < -gradient and close < average4 beartrend = beartrend1 and beartrend2 and beartrend3 and beartrend4 // Plot candles based on trend if bulltrend then drawcandle(open, high, low, close)COLOURED("green") elsif beartrend then drawcandle(open, high, low, close)COLOURED("red") ENDIF // Plot hammer candles hammerup = abs(open - close) < (high - low) / 2 and close > high - (high - low) / c and open > high - (high - low) / c hammerdown = abs(open - close) < (high - low) / 2 and close < low + (high - low) / c and open < low + (high - low) / c return //plotshape(series=hammerup, title="Hammer Up", color=color.green, style=shape.triangleup, location=location.belowbar) //plotshape(series=hammerdown, title="Hammer Down", color=color.red, style=shape.triangledown, location=location.abovebar)

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  // Define inputs c = 2.8 // factor used to calibrate the shape of the hammer candle used as a signal   gradient = 1 // slope of moving averages   // Calculate moving averages average1 = average[5](close) average2 = average[20](close) average3 = average[50](close) average4 = average[100](close)   // Define trend conditions bulltrend1 = average1 - average1[2] > gradient and average1 < close bulltrend2 = average1 - average2[2] > gradient and average2 < close bulltrend3 = average3 - average3[2] > gradient and average3 < close bulltrend4 = average4 - average4[2] > gradient and average4 < close bulltrend = bulltrend1 and bulltrend2 and bulltrend3 and bulltrend4   beartrend1 = average1 - average1[2] < -gradient and close < average1 beartrend2 = average1 - average2[2] < -gradient and close < average2 beartrend3 = average3 - average3[2] < -gradient and close < average3 beartrend4 = average4 - average4[2] < -gradient and close < average4 beartrend = beartrend1 and beartrend2 and beartrend3 and beartrend4   // Plot candles based on trend if bulltrend then drawcandle(open, high, low, close)COLOURED("green") elsif beartrend then drawcandle(open, high, low, close)COLOURED("red") ENDIF // Plot hammer candles hammerup = abs(open - close) < (high - low) / 2 and close > high - (high - low) / c and open > high - (high - low) / c hammerdown = abs(open - close) < (high - low) / 2 and close < low + (high - low) / c and open < low + (high - low) / c   return //plotshape(series=hammerup, title="Hammer Up", color=color.green, style=shape.triangleup, location=location.belowbar) //plotshape(series=hammerdown, title="Hammer Down", color=color.red, style=shape.triangledown, location=location.abovebar)

   

  

  pror

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  01/12/2024 at 2:15 PM #226282
  pror

  hi,I hope this will help you

  // Define inputs //c = 2.8 // factor used to calibrate the shape of the hammer candle used as a signal //gradient = 1 // slope of moving averages // Calculate moving averages average1 = average[5](close) average2 = average[20](close) average3 = average[50](close) average4 = average[100](close) // Define trend conditions bulltrend1 = average1 - average1[2] > gradient and average1 < close bulltrend2 = average1 - average2[2] > gradient and average2 < close bulltrend3 = average3 - average3[2] > gradient and average3 < close bulltrend4 = average4 - average4[2] > gradient and average4 < close bulltrend = bulltrend1 and bulltrend2 and bulltrend3 and bulltrend4 beartrend1 = average1 - average1[2] < -gradient and close < average1 beartrend2 = average1 - average2[2] < -gradient and close < average2 beartrend3 = average3 - average3[2] < -gradient and close < average3 beartrend4 = average4 - average4[2] < -gradient and close < average4 beartrend = beartrend1 and beartrend2 and beartrend3 and beartrend4 // Plot candles based on trend if bulltrend then drawcandle(open, high, low, close)COLOURED("green") elsif beartrend then drawcandle(open, high, low, close)COLOURED("red") ENDIF // Plot hammer candles hammerup = abs(open - close) < (high - low) / 2 and close > high - (high - low) / c and open > high - (high - low) / c hammerdown = abs(open - close) < (high - low) / 2 and close < low + (high - low) / c and open < low + (high - low) / c if hammerup then DRAWARROWUP(barindex, low) endif if hammerdown then DRAWARROWdown(barindex, high) endif return //plotshape(series=hammerup, title="Hammer Up", color=color.green, style=shape.triangleup, location=location.belowbar) //plotshape(series=hammerdown, title="Hammer Down", color=color.red, style=shape.triangledown, location=location.abovebar)

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  // Define inputs //c = 2.8 // factor used to calibrate the shape of the hammer candle used as a signal   //gradient = 1 // slope of moving averages   // Calculate moving averages average1 = average[5](close) average2 = average[20](close) average3 = average[50](close) average4 = average[100](close)   // Define trend conditions bulltrend1 = average1 - average1[2] > gradient and average1 < close bulltrend2 = average1 - average2[2] > gradient and average2 < close bulltrend3 = average3 - average3[2] > gradient and average3 < close bulltrend4 = average4 - average4[2] > gradient and average4 < close bulltrend = bulltrend1 and bulltrend2 and bulltrend3 and bulltrend4   beartrend1 = average1 - average1[2] < -gradient and close < average1 beartrend2 = average1 - average2[2] < -gradient and close < average2 beartrend3 = average3 - average3[2] < -gradient and close < average3 beartrend4 = average4 - average4[2] < -gradient and close < average4 beartrend = beartrend1 and beartrend2 and beartrend3 and beartrend4   // Plot candles based on trend if bulltrend then drawcandle(open, high, low, close)COLOURED("green") elsif beartrend then drawcandle(open, high, low, close)COLOURED("red") ENDIF // Plot hammer candles hammerup = abs(open - close) < (high - low) / 2 and close > high - (high - low) / c and open > high - (high - low) / c hammerdown = abs(open - close) < (high - low) / 2 and close < low + (high - low) / c and open < low + (high - low) / c   if hammerup then DRAWARROWUP(barindex, low) endif if hammerdown then DRAWARROWdown(barindex, high) endif   return //plotshape(series=hammerup, title="Hammer Up", color=color.green, style=shape.triangleup, location=location.belowbar) //plotshape(series=hammerdown, title="Hammer Down", color=color.red, style=shape.triangledown, location=location.abovebar)

   

  

  pror

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