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Pro 2 - @marcelo - Lcampos

The document defines an indicator for a trading platform that analyzes MACD and EMA values and plots the results on a candlestick chart. It takes various inputs like period lengths and calculates multiple moving averages, MACD, and signal values. It then plots the normalized candlesticks, along with shape indicators and colored bars based on the EMA and MACD trends. Horizontal lines are also plotted at extreme, significant and fair value levels.
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100% found this document useful (6 votes)
1K views2 pages

Pro 2 - @marcelo - Lcampos

The document defines an indicator for a trading platform that analyzes MACD and EMA values and plots the results on a candlestick chart. It takes various inputs like period lengths and calculates multiple moving averages, MACD, and signal values. It then plots the normalized candlesticks, along with shape indicators and colored bars based on the EMA and MACD trends. Horizontal lines are also plotted at extreme, significant and fair value levels.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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instrument {

name = "Pro 2 - @marcelo_lcampos"


}
input_group {
"MACD",
"Slow and fast EMA periods, used in MACD calculation",
fast = input (12, "front.platform.fast period", input.integer, 1, 250),
slow = input (26, "front.platform.fast period", input.integer, 1, 250)
}
input_group {
"front.platform.signal-line",
"Reference signal series period",
signal_period = input (9, "front.period", input.integer, 1, 250)
}
input_group {
"front.newind.emaperiod",
ema_period = input (13, "front.period", input.integer, 1, 250)
}
input_group {
"front.newind.barcolors",
positive = input { default = "#2CAC40", type = input.color },
neutral = input { default = "#C7CAD1", type = input.color },
negative = input { default = "#DB4931", type = input.color },
}
function prev(s,i)
y=abs(round(i))
return s[y]
end
length = input(5, "Numero de Velas")
extTop = input(12, "Extreme Level Top")
extBot = input(-12, "Extreme Level Bottom")
sigTop = input(8, "Significant Level Top")
sigBot = input(-8, "Significant Level Bottom")
fairTop = input(4, "Fair Value Top")
fairBot = input(-4, "Fair Value Bottom")
input_group { "CALL", call_color = input{ default="blue", type = input.color} }
input_group { "PUT", put_color = input{ default="orange", type = input.color} }
fastMA = ema(close, fast)
slowMA = ema(close, slow)
macd = fastMA - slowMA
signal = sma(macd, signal_period)
hist = macd - signal
ema13 = ema (close, ema_period)
local bar_color
varp = round(length/5)
h_f = length > 7
vara= h_f and highest(high,varp)-lowest(low,varp) or 0
varr1 = h_f and iff(vara==0 and varp==1,abs(close-prev(close,-varp)),vara) or 0
varb=h_f and prev(highest(high,varp),-varp+1)-prev(lowest(low,varp),-varp) or 0
varr2 = h_f and iff(varb==0 and varp==1,abs( prev(close,-varp)-prev(close,-
varp*2) ),varb) or 0
varc=h_f and prev(highest(high,varp),-varp*2)-prev(lowest(low,varp),-varp*2) or 0
varr3 = h_f and iff(varc == 0 and varp==1,abs(prev(close,-varp*2)-prev(close,-
varp*3)),varc) or 0
vard = h_f and prev(highest(high,varp),-varp*3)-prev(lowest(low,varp),-varp*3) or 0
varr4 = h_f and iff(vard == 0 and varp==1,abs(prev(close,-varp*3)-prev(close,-
varp*4)),vard) or 0
vare = h_f and prev(highest(high,varp),-varp*4)-prev(lowest(low,varp),-varp*4) or 0
varr5 = h_f and iff(vare == 0 and varp==1,abs(prev(close,-varp*4)-prev(close,-
varp*5)),vare) or 0
cdelta = abs(close - prev(close,-1))
var0 = (not h_f) and iff((cdelta > (high-low)) or (high==low),cdelta,(high-low)) or
0
lrange=h_f and ((varr1+varr2+varr3+varr4+varr5)/5)*.2 or sma(var0,5)*.2
mba = sma( (high+low)/2,length)
vopen = (open- mba)/lrange
vhigh = (high-mba)/lrange
vlow = (low-mba)/lrange
vclose = (close-mba)/lrange
colorr = open > close and "red" or "green"
plot_candle {
open = vopen,
high = vhigh,
low = vlow,
close = vclose,
candle_color = colorr
}
hline(extTop,"","red")
hline(extBot,"","green")
hline(sigTop,"","red")
hline(sigBot,"","green")
hline(fairTop,"","red")
hline(fairBot,"","green")
if ema13 > ema13 [1] and hist > hist [1] then
bar_color = positive
plot_shape((ema13 > ema13 [1]), "CALL", shape_style.triangleup,
shape_size.auto, call_color, shape_location.belowbar, 0)
elseif ema13 < ema13 [1] and hist < hist [1] then
bar_color = negative
plot_shape((ema13 < ema13 [1]), "PUT", shape_style.triangledown, shape_size.auto,
put_color, shape_location.abovebar, 0)
else
bar_color = neutral
end
plot_candle (open, high, low, close, "ES", bar_color)

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