FXCloud

Triple Switch

95 0 9
AWESOME SAR             type indicator
Remove from Favorite Scripts Add to Favorite Scripts
study("Triple Switch", overlay=true)
BB=input(2, title="Bars Back", minval=1)
WTC=input(true,title="Wait Until Close",type=bool)
Pips=input(2,title="Close Past")
//ATRPeriod=input(title="ATR Period", type=integer, defval=22)
//Mult=input(title="ATR Multiplier", type=integer, defval=3)
Longsource= WTC?close:low
Shortsource= WTC?close:high
Longstart= iff(high>=highest(high,BB),lowest(low,BB),Longstart[1])//+Mult*atr(ATRPeriod)
Shortstart= iff(low<=lowest(low,BB),highest(high,BB),Shortstart[1])//-Mult*atr(ATRPeriod)
Switchtolong=iff ((Shortsource-(Pips*syminfo.mintick))>=Shortstart and (Shortsource-(Pips*syminfo.mintick))[1]<Shortstart[1] , 1 ,  0)
Switchtoshort=iff ((Longsource+(Pips*syminfo.mintick))<=Longstart and (Longsource+(Pips*syminfo.mintick))[1]>Longstart[1] ,  1 ,  0)
direction= iff (na(direction[1]), 0, 
            iff (direction[1]<=0 and Switchtolong, 1, 
            iff (direction[1]>=0 and Switchtoshort, -1, direction[1])))
Tripleswitch= direction>0?Longstart:Shortstart
plot(Tripleswitch, color=direction>0?green:red, style=line, linewidth=2)

This script was updated: Triple Switch
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out