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BullRush v1.2

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seeklifespeaklife02
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23 views

BullRush v1.2

Uploaded by

seeklifespeaklife02
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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//@version=4

study("BullRush v1.2", overlay = true, format=format.price, precision=2,


resolution="")

iAvgType = input("SMMA", title="Moving Average Type",


options=["EMA","HMA","SMA","SMMA","WMA"])
iEMAMain = input(50, "Main EMA Length", minval=1, tooltip="Normally 50. 64 is an
alternative")
bRSI = input(true, title="Enable RSI Verification")

up = rma(max(change(close), 0), 14)


down = rma(-min(change(close), 0), 14)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
rsiMA = ema(rsi, 14)

var isLong = false


var isShort = false

bMAUp = false
bMADown = false
b9over21 = false
b9under21 = false

if (iAvgType == "HMA")
bMAUp := close > wma(2*wma(close, iEMAMain/2)-wma(close, iEMAMain),
floor(sqrt(iEMAMain)))
bMADown := close < wma(2*wma(close, iEMAMain/2)-wma(close, iEMAMain),
floor(sqrt(iEMAMain)))
b9over21 := wma(2*wma(close, 9/2)-wma(close, 9), floor(sqrt(9))) >
wma(2*wma(close, 21/2)-wma(close, 21), floor(sqrt(21)))
b9under21 := wma(2*wma(close, 9/2)-wma(close, 9), floor(sqrt(9))) <
wma(2*wma(close, 21/2)-wma(close, 21), floor(sqrt(21)))

if (iAvgType == "WMA")
bMAUp := close > wma(close, iEMAMain) // and open > sma(close, iEMAMain)
bMADown := close < wma(close, iEMAMain) // and open < sma(close, iEMAMain)
b9over21 := wma(close, 9) > wma(close, 21)
b9under21 := wma(close, 9) < wma(close, 21)

if (iAvgType == "SMA")
bMAUp := close > sma(close, iEMAMain) // and open > sma(close, iEMAMain)
bMADown := close < sma(close, iEMAMain) // and open < sma(close, iEMAMain)
b9over21 := sma(close, 9) > sma(close, 21)
b9under21 := sma(close, 9) < sma(close, 21)

if (iAvgType == "EMA")
bMAUp := close > ema(close, iEMAMain) // and open > ema(close, iEMAMain)
bMADown := close < ema(close, iEMAMain) // and open < ema(close, iEMAMain)
b9over21 := ema(close, 9) > ema(close, 21)
b9under21 := ema(close, 9) < ema(close, 21)

if (iAvgType == "SMMA")
smma = 0.0
smma := na(smma[1]) ? sma(close, iEMAMain) : (smma[1] * (iEMAMain - 1) + close)
/ iEMAMain
bMAUp := close > smma // and open > smma
bMADown := close < smma // and open < smma
b9over21 := ema(close, 9) > ema(close, 21)
b9under21 := ema(close, 9) < ema(close, 21)
rsiUp = true
rsiDown = true
if (bRSI)
rsiUp = rsi > 50 and rsi > rsiMA
rsiDown = rsi < 50 and rsi < rsiMA

upwards = not isLong and bMAUp and close > open and rsiUp and b9over21 // and
ema(close, 9) > ema(close, 21)
downwards = not isShort and bMADown and open > close and rsiDown and b9under21 //
and ema(close, 9) < ema(close, 21)

showUp = upwards and not upwards[1]


showDown = downwards and not downwards[1]

plotshape(showUp ? hl2 : na, title="BR", text="BR", location=location.belowbar,


style=shape.labelup, size=size.tiny, color=color.green, textcolor=color.white)
plotshape(showDown ? hl2 : na, title="BR", text="BR", location=location.abovebar,
style=shape.labeldown, size=size.tiny, color=color.red, textcolor=color.white)

if showUp
isLong := true
isShort := false

if showDown
isLong := false
isShort := true

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