hovrak

NB_PTIP_WITH_EMA

50 0 2
Remove from Favorite Scripts Add to Favorite Scripts
//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)
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out