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Scalping Master

super indicator2

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ali beri
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314 views

Scalping Master

super indicator2

Uploaded by

ali beri
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=6

indicator(title = 'Scalping Master', shorttitle = '', overlay = true, precision =


4, linktoseries = false, max_bars_back = 1000, max_lines_count = 500)

// BULB Indicator settings


recommendation = input(true, title = 'BULB')
rsiSource = close
rsiLength = 13
rsiOverbought = 65
rsiOvesold = 30
rsiValue = ta.rsi(rsiSource, rsiLength)
isOverbought = rsiValue >= rsiOverbought
isOversold = rsiValue <= rsiOvesold
var laststate = 0
var hh = low
var ll = high
var label labelll = na
var label labelhh = na
var last_actual_label_hh_price = 0.0
var last_actual_label_ll_price = 0.0

obLabelText() =>
if last_actual_label_hh_price < high
'sell'
else
'sell'

osLabelText() =>
if last_actual_label_ll_price < low
'buy'
else
'buy'

createOverBoughtLabel(isIt) =>
if isIt
label.new(x = bar_index, y = na, yloc = yloc.price, style =
label.style_label_down, color = #F70700, size = size.normal, text = obLabelText(),
textcolor = color.white)
else
label.new(x = bar_index, y = na, yloc = yloc.price, style =
label.style_label_up, color = #22E139, size = size.normal, text = osLabelText(),
textcolor = color.white)

moveOversoldLabel() =>
label.set_x(labelll, bar_index)
label.set_y(labelll, low)
label.set_text(labelll, osLabelText())

moveOverBoughtLabel() =>
label.set_x(labelhh, bar_index)
label.set_y(labelhh, high)
label.set_text(labelhh, obLabelText())

if laststate == 2 and isOverbought and recommendation


hh := high
labelhh := createOverBoughtLabel(true)
last_actual_label_ll_price := label.get_y(labelll)
labelll_ts = label.get_x(labelll)
labelll_price = label.get_y(labelll)
labelll_price

if laststate == 1 and isOversold and recommendation


ll := low
labelll := createOverBoughtLabel(false)
last_actual_label_hh_price := label.get_y(labelhh)
labelhh_ts = label.get_x(labelhh)
labelhh_price = label.get_y(labelhh)
labelhh_price

if isOverbought and recommendation


if high >= hh
hh := high
moveOverBoughtLabel()
laststate := 1
laststate

if isOversold and recommendation


if low <= ll
ll := low
moveOversoldLabel()
laststate := 2
laststate

if laststate == 1 and isOverbought and recommendation


if hh <= high
hh := high
moveOverBoughtLabel()

if laststate == 2 and isOversold and recommendation


if low <= ll
ll := low
moveOversoldLabel()

if laststate == 1 and recommendation


if hh <= high
hh := high
moveOverBoughtLabel()

if laststate == 2 and recommendation


if ll >= low
ll := low
moveOversoldLabel()

// Custom ATR Bands settings


mal = input(defval = 47, title = 'Half Length')
mva = ta.sma(close, mal)
atrl = input(defval = 89, title = 'Atr Length')
atrv = ta.atr(atrl)
atrm = input(defval = 3.0, title = 'Atr Multiplier')
pEnv = mva + mva * atrv / close * atrm
mEnv = mva - mva * atrv / close * atrm

plot(mva, title = 'Simple Moving Average', linewidth = 2)


plot(pEnv, color = color.new(color.red, 0), title = 'High Envelope', linewidth = 2)
plot(mEnv, color = color.new(color.green, 0), title = 'Low Envelope', linewidth =
2)

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