RicardoSantos

[RS][GLAZ]chrislig 5day4 V1

200 3 30
Request for chrislig. modified the plotshapes to display correctly.
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study(title="[RS][GLAZ]chrislig 5day4 V1", shorttitle="[RS][GLAZ]chrislig.5d4.V1", overlay=true)
//  ||---   Condition 1 : stock goes up or down 5x in a row
isup(lookback) => close[0+lookback] >= close[1+lookback] ? true : false
isdown(lookback) => close[0+lookback] <= close[1+lookback] ? true : false
condition1 = isup(0) and isup(1) and isup(2) and isup(3) and isup(4) ? 1 :
        isdown(0) and isdown(1) and isdown(2) and isdown(3) and isdown(4) ? -1 : 0
//bgcolor(condition1 == 1 ? green : na)
//bgcolor(condition1 == -1 ? maroon : na)
//  ||---   Condition 2 : high of the diference of MA(200) and close
ma1 = sma(close, 200)
diference = close-ma1
difmax = highest(diference, 200)
difmin = lowest(diference, 200)
condition2 = diference >= difmax ? 1 : diference <= difmin ? -1 : 0
//  ||---   Outputs
out1 = condition1 == 1 and condition2 == 1 ? true : false
out2 = condition1 == -1 and condition2 == -1 ? true : false
plotshape(out1, style=shape.triangledown, location=location.abovebar, color=maroon, text="SELL")
plotshape(out2, style=shape.triangleup, location=location.belowbar, color=green, text="BUY")

//  ||---   Previous code:
//DV=sma(close,200)
//perc=abs(close-DV)/DV
//pp=highest(perc,200)
//bars=input(5)
//bindex=close>close[1] and bindex[1]<bars?nz(bindex[1])+1:1
//hh= close>close[1] and hh[1]>=bindex? nz(hh[1])+1:1
//ret=iff(hh>bindex,-1,na)
//plotarrow(ret)
//plot(DV)
//plot(perc)
does it repaint or redraw?
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I am new here, how do I add this indicator to my chart?
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RicardoSantos MsPutOptions
click the button to "add to my favorites" above and from your chart click indicator/favorites/
or from your chart click indicators and search for the indicator name.
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