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Another coding mashup experiment
It's as simple as London Underground, when price exits the 'RED' main line board the train & get off at the next platform :)
Another coding mashup experiment
It's as simple as London Underground, when price exits the 'RED' main line board the train & get off at the next platform :)
study("London_Underground_V0", shorttitle="London_Underground_V0", overlay=true) len = input(21, minval=1, title="Length") src = input(close, title="Source") out = ema(src, len) plot(out, title="EMA", color=blue) last8h = highest(close,13) lastl8 = lowest(close, 13) plot(last8h, color=black,style=line, linewidth=3, title="Upper channel") plot(lastl8, color=black,style=line, linewidth=3, title="Lower channel") bearish = cross(close,out) == 1 and close[1] > close bullish = cross(close,out) == 1 and close[1] < close //======{RS}=======================================================================// tf = input('240') M = input('ATR') P = input(14.00, type=float) W = input(1) pf = pointfigure(tickerid, 'close', M, P, W) spfc = security(pf, tf, close) p2 = plot(spfc, color=red, linewidth=4, title="Central Line") //============================Ichomku---------------------------------------------// show_cloud = input(true, title="Display Ichimoku Cloud:") conversionPeriods = input(34, minval=1) basePeriods = input(26, minval=1) laggingSpan2Periods = input(52, minval=1) displacement = input(26, minval=1) donchian(len) => avg(lowest(len), highest(len)) conversionLine = donchian(conversionPeriods) baseLine = donchian(basePeriods) leadLine1 = avg(conversionLine, baseLine) leadLine2 = donchian(laggingSpan2Periods) plot(not show_cloud ? na : conversionLine, color=green,linewidth=3, style=line, title="Mid line resistance levels") plot(baseLine, color=maroon, linewidth=4, title="Base Line") p1 = plot(not show_cloud ? na : leadLine1, offset = displacement, color=white, linewidth=1, title="Lead 1") p3 = plot(not show_cloud ? na : leadLine2, offset = displacement, color=blue, linewidth=4, title="Lead 2") fill(p1, p3, color=blue, transp=100) //----------------------------------------------------------------------------////