//
RASHEED'S BREAKOUTS
//
help requested for adding an exploration for End of Day
breakouts
/*
coded by NW Trader 1-29-10 with
exploration, chart signals and chart options
toggle parameter to select between C or H & L for the
breakout crossings
toggle parameter added to remove extra trade signals
Volume at price added
*/
_SECTION_BEGIN("BREAK
OUTS");
//
============ == Standard Chart Code ============ =========
=======
CodeName =
"Rasheed's
Breakouts" ;
SetFormulaName("Rasheed's
Breakouts"
);
//
------------ --- Controls for Chart
Display ------------ --------- ---------
----
SetChartOptions(0,chartShowDates|chartWrapTitle);
if(
ParamToggle("Tooltip
shows",
"All
Values|Only Prices" )
)
{
ToolTip=StrFormat("Open:
%g\nHigh: %g\nLow:
%g\nClose: %g (%.1f%%) \nVolume:
"+NumToStr(
V,
1 ),
O,
H,
L,
C,
SelectedValue(
ROC(
C,
1
)));
}
space = Param("Space
on Chart",
20,
-15,
50,
1);
GraphXSpace =
space;
SetChartBkColor(
ParamColor("Background
Color" ,
colorLightGrey)
);
//
============ ===== Rasheed's original code (with Lookback and Shift
default set to his specs) ============ =====
H0=H;
L0=L;
C0=C;
O0=O;
Lookback=Param("LookBack",10,10,50,1);
//
Default for interday commodity currency trading
shift=Param("Shift",
5,1,50,1);
//
?
x0=LastValue(Cum(1));
x1=x0-shift;
H=Ref(H,-shift+1);
L=Ref(L,-shift+1);
H1=LastValue(Ref(HHV(H,Lookback),-1));
L1=LastValue(Ref(LLV(L,Lookback),-1));
Plot(H1,"H1",colorYellow);
Plot(L1,"L1",colorYellow);
H=H0;L=L0;C=C0;O=O0;
up=Cross(H,H1)
AND
Cum(1)>x1;
dn=Cross(L1,L)
AND
Cum(1)>x1;
Plot(C,"Close",IIf(Cum(1)>x1-Lookback
AND
Cum(1)<=x1,colorBlue,IIf
(Up,colorBrightGreen,IIf(
Dn,colorRed,colorBlack))),64);
PlotShapes(shapeDownArrow*(Cum(1)==x1+1),colorBlue);
//
============ ========= == Exploration and Signal Code ============
=====
TRIGGER =
ParamToggle("Trigger
"
,"CLOSE|HIGH
OR LOW")
;
XH1 =
Cross(C,H1)
;
XL1 =
Cross(L1,C);
XH2 =
Cross(H,H1);
XL2 =
Cross(L1,L);
if( TRIGGER
==0)
{
Buy
= XH1 ;
Sell
= XL1 ;
}
else
{
Buy
= XH2 ;
Sell
= XL2 ;
}
TradeDisplay
= ParamToggle("Remove
Extra Trades?",
"No|Yes");
if(TradeDisplay
== 0)
{
}
else
{
Buy =
ExRem(Buy,Sell);
Sell
= ExRem(Sell,Buy);
// THIS
WILL REMOVE EXESS SIGNALS ON A CHART OR IN AN EXPLORATION
}
Filter =
Buy
OR
Sell;
Action =
"">WriteIf(Buy,
"BUY",
WriteIf(
Sell,
"SELL",
"
" )
);
AddTextColumn(IndustryID(1)
,"Industry
Sector ",
30.0,
colorBlue,
colorYellow);
AddColumn(C,
"Last
",2.2,
colorWhite,colorBlue);
AddTextColumn(Action,
"Action",
8.0,
IIf(XH1,
colorDarkGreen,
colorDarkRed),
colorWhite);
AddColumn(
IIf( XH1, H1
, L1 ) , "BREAKOUT
LEVEL",
3.2
,colorYellow,
IIf(XH1,
colorDarkGreen,
colorDarkRed)
);
//
------------ --------- --------- --------- --------- ---------
--------- --------- -------- Arrow signals --- FOR
TRADES ------------ --------- --------- ---------
--------- --------- -
PlotShapes(Buy*shapeUpArrow,colorBrightGreen
,0,
L
/*
ENTRY_TRAILARRAY */ ,
-30);
PlotShapes(Sell*shapeDownArrow,colorLightYellow,0,
H ,
-30);
_SECTION_END();
_SECTION_BEGIN("Volume
At Price");
PlotVAPOverlay(
Param("Lines",
1000,
100,
1000,
10 ),
Param("Width",
15,
1,
100,
1 ),
ParamColor("Color",
colorBlueGrey ),
ParamToggle("Side",
"Left|Right",
1 ) |
4*ParamToggle("Z-order",
"On
top|Behind",
1 )
);
_SECTION_END();