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Update: changed were the label shows up, it now shows on the candle of the crossover of (open X close), before it was at the candles with no wicks in opposite direction this will allow for looking for earlier entrys.
study(title="[RS]Heiken Ashi Cloud V1", shorttitle="[RS]HACK.V1", overlay=true) useAlternativeTF = input(false) AlternativeTF = input("D") TF = useAlternativeTF ? AlternativeTF : period Internal_Smooth = input(1) External_Smooth = input(1) HA_ticker = heikenashi(tickerid) HA_open = sma(security(HA_ticker, TF, sma(open, Internal_Smooth)), External_Smooth) HA_close = sma(security(HA_ticker, TF, sma(close, Internal_Smooth)), External_Smooth) HA_high = sma(security(HA_ticker, TF, sma(high, Internal_Smooth)), External_Smooth) HA_low = sma(security(HA_ticker, TF, sma(low, Internal_Smooth)), External_Smooth) HAO = plot(HA_open, color=maroon, linewidth=2) HAC = plot(HA_close, color=green, linewidth=2) HAH = plot(HA_high, color=silver, linewidth=1) HAL = plot(HA_low, color=silver, linewidth=1) fill(HAH,HAL,color=gray, transp=85) fill(HAO,HAC,color=blue, transp=85) // ||--- Signals: showLabels = input(true) SEL0=cross(HA_open, HA_close)[1] and HA_open >= HA_close BUY0=cross(HA_open, HA_close)[1] and HA_open <= HA_close plotshape(not showLabels ? na : (SEL0 ? HA_high : na), style=shape.labeldown, color=maroon, location=location.absolute, textcolor=black, text='Bears\nIn Control') plotshape(not showLabels ? na : (BUY0 ? HA_low : na), style=shape.labelup, color=green, location=location.absolute, textcolor=black, text='Bulls\nIn Control') showBarColors = input(true) BC_CON = HA_open < HA_close and BUY0 ? green : HA_open < HA_close ? lime : HA_open > HA_close and SEL0? maroon : HA_open > HA_close ? red : gray barcolor(not showBarColors ? na : BC_CON)
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