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NB_PTIP_WITH_EMA

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//Created By Nicholas Beeson for IP on 4/10/2016 power trends
study(title="NB_PTIP_WITH_EMA", shorttitle="IP_EMA_NB", overlay=true)
src = close, 
pt = input(title="Toggle PT", type=bool, defval=true)
em = input(title="Toggle EMA's", type=bool, defval=true)
len1 = input(3, minval=1, title="EMA 3")
len2 = input(7, minval=1, title="EMA 7")
len3 = input(50, minval=1, title="EMA 50")
len4 = input(60, minval=1, title="EMA 60")
len5 = input(200, minval=1, title="EMA 200")
len6 = input(250, minval=1, title="EMA 250")
//EMA
ema1 = em ? ema(src, len1):na
ema2 = em ? ema(src, len2):na
ema3 = em ? ema(src, len3):na
ema4 = em ? ema(src, len4):na
ema5 = em ? ema(src, len5):na
ema6 = em ? ema(src, len6):na
//EMA Plots
plot(ema1, title="EMA 3", style=line, linewidth=4, color=yellow)
plot(ema2, title="EMA 7", style=line, linewidth=4, color=white)
plot(ema3, title="EMA 50", style=line, linewidth=4, color=red)
plot(ema4, title="EMA 60", style=line, linewidth=1, color=orange)
plot(ema5, title="EMA 200", style=line, linewidth=1, color=blue)
plot(ema6, title="EMA 250", style=line, linewidth=1, color=purple)
//chop
length = input(14, title="Chop Length")
str = sum(tr,length)
ltl = lowest(low <= close[1] ? low : close[1],length)
hth = highest(high >= close[1] ? high : close[1],length)
height = hth - ltl
chop = 100 * (log10(str / height) / log10(length))
// ...
powertrendlong = pt and (ema1 > ema2 and ema2 > ema3) and (open > close) and (atr(0) < atr(3)) and (chop <= 60) and (chop >= 40)
powertrendshort = pt and (ema1 < ema2 and ema2 < ema3) and (open < close) and (atr(0) < atr(3)) and (chop <= 60) and (chop >= 40)
//shapes
plotshape(powertrendlong, color=lime, offset=0, style=shape.triangleup, location=location.bottom)
plotshape(powertrendshort, color=red, style=shape.triangledown, location=location.bottom)
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