kvande97

IP Signals

90 1 8
Plots PowerTrend and Bounce signals.
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study(title="IP Signals", shorttitle="SIG", overlay=true)

//EMA SETTINGS
ema50 = ema(close, 50)
ema20 = ema(close, 20)
ema7 = ema(close, 7)
ema3 = ema(close, 3)
atrs = (offset(atr(3), 1) / atr(3))

//PLOT EMA LINES
plot(ema50, color=red)
plot(ema20, color=blue)
plot(ema7, color=white)
plot(ema3, color=yellow)

//CRITERIA FOR POWERTREND SETUPS
ptbuy = (ema3 > ema7 and ema7 > ema50) and (open > close) and (atrs >= 1)
ptsell = (ema3 < ema7 and ema7 < ema50) and (open < close) and (atrs >= 1)

//CRITERIA FOR 20 EMA BOUNCE SETUPS
b20buy = (ema20 > ema50) and (open > ema20) and (close > ema20) and (low < ema20) and (atrs >= 1)
b20sell = (ema20 < ema50) and (open < ema20) and (close < ema20) and (high > ema20) and (atrs >= 1)

//CRITERIA FOR 50 EMA BOUNCE SETUPS
b50buy = (ema20 > ema50) and (open > ema50) and (close > ema50) and (low < ema50) and (atrs >= 1)
b50sell = (ema20 < ema50) and (open < ema50) and (close < ema50) and (high > ema50) and (atrs >= 1)

//PLOT CRITERIA FOR POWERTREND SETUPS
PTB = iff(ptbuy == 1 and b20buy == 0 and b50buy == 0, 1, 0)
plotshape(PTB, style=shape.arrowup, color=green, location=location.belowbar, text="PT", textcolor=white)
PTS = iff(ptsell == 1 and b20sell == 0 and b50sell == 0, 1, 0)
plotshape(PTS, style=shape.arrowdown, color=red, location=location.abovebar, text="PT", textcolor=white)

//PLOT CRITERIA FOR 20 EMA BOUCE SETUPS
B2B = iff(ptbuy == 0 and b20buy == 1 and b50buy == 0, 1, 0)
plotshape(B2B, style=shape.arrowup, color=green, location=location.belowbar, text="B2", textcolor=white)
B2S = iff(ptsell == 0 and b20sell == 1 and b50sell == 0, 1, 0)
plotshape(B2S, style=shape.arrowdown, color=red, location=location.abovebar, text="B2", textcolor=white)

//PLOT CRITERIA FOR 50 EMA BOUNCE SETUPS
B5B = iff(ptbuy == 0 and b20buy == 0 and b50buy == 1, 1, 0)
plotshape(B5B, style=shape.arrowup, color=green, location=location.belowbar, text="B5", textcolor=white)
B5S = iff(ptsell == 0 and b20sell == 0 and b50sell == 1, 1, 0)
plotshape(B5S, style=shape.arrowdown, color=red, location=location.abovebar, text="B5", textcolor=white)

//PLOT CRITERIA FOR POWERTREND AND 20 EMA BOUNCE SETUPS
PTB2B = iff(ptbuy == 1 and b20buy == 1 and b50buy == 0, 1, 0)
plotshape(PTB2B, style=shape.arrowup, color=green, location=location.belowbar, text="PTB2", textcolor=white)
PTB2S = iff(ptsell == 1 and b20sell == 1 and b50sell == 0, 1, 0)
plotshape(PTB2S, style=shape.arrowdown, color=red, location=location.abovebar, text="PTB2", textcolor=white)

//PLOT CRITERIA FOR POWERTREND AND 50 EMA BOUNCE SETUPS
PTB5B = iff(ptbuy == 1 and b20buy == 0 and b50buy == 1, 1, 0)
plotshape(PTB5B, style=shape.arrowup, color=green, location=location.belowbar, text="PTB5", textcolor=white)
PTB5S = iff(ptsell == 1 and b20sell == 0 and b50sell == 1, 1, 0)
plotshape(PTB5S, style=shape.arrowdown, color=red, location=location.abovebar, text="PTB5", textcolor=white)

//PLOT CRITERIA FOR 20 EMA BOUNCE AND 50 EMA BOUNCE SETUPS
B2B5B = iff(ptbuy == 0 and b20buy == 1 and b50buy == 1, 1, 0)
plotshape(B2B5B, style=shape.arrowup, color=green, location=location.belowbar, text="B2B5", textcolor=white)
B2B5S = iff(ptsell == 0 and b20sell == 1 and b50sell == 1, 1, 0)
plotshape(B2B5S, style=shape.arrowdown, color=red, location=location.abovebar, text="B2B5", textcolor=white)

//PLOT CRITERIA FOR POWERTREND AND 20 EMA BOUNCE AND 50 EMA BOUNCE SETUPS
PTB2B5B = iff(ptbuy == 1 and b20buy == 1 and b50buy == 1, 1, 0)
plotshape(PTB2B5B, style=shape.arrowup, color=green, location=location.belowbar, text="PTB2B5", textcolor=white)
PTB2B5S = iff(ptsell == 1 and b20sell == 1 and b50sell == 1, 1, 0)
plotshape(PTB2B5S, style=shape.arrowdown, color=red, location=location.abovebar, text="PTB2B5", textcolor=white)














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