MCDX indicator For ThinkOrSwim

MRNAM said:
I like to use the MCDX indicator in Trading View,
https://www.tradingview.com/script/u2dIgVpN-M2J-Indicator-MCDX/
it very useful to track the smart money flow, but it is not exist in TOS,
Click to expand...
check out the code below.

CSS: 
#// © Mango2Juice
#// MCDX is an indicator based on mutilple relative strength index (RSI) with different period, then classify into 3 categories - Retailer, Hot Money and Banker
#// Green - Retailer
#// Yellow - Hot money
#// Red - Banker
#// the higher and many reds are more preferable
# study("[M2J] Indicator | MCDX", "MCDX")
# Converted by Sam4Cok@Samer800 - 11/2022
declare lower;
input RSIBaseBanker       = 50; # "Banker Base",           minval = 10)
input RSIPeriodBanker     = 50; # "Banker RSI Period",     minval = 10)
input RSIBaseHotMoney     = 30; # "Hot Money RSI Base",    minval = 10)
input RSIPeriodHotMoney   = 40; # "Hot Money RSI Period",  minval = 10)
input SensitivityBanker   = 1.5;# "Sensitivity Banker",    minval = 0.1, step = 0.1)
input SensitivityHotMoney = 0.7;# "Sensitivity Hot Money", minval = 0.1, step = 0.1)

def na = Double.NaN;
#rsi_function(sensitivity, rsiPeriod, rsiBase) =>
script rsi_function {
input sensitivity = 0;
input rsiPeriod = 14;
input rsiBase = 0;
    def rsi = sensitivity * (rsi(Length=rsiPeriod) - rsiBase);
    def nRSI;
    if rsi > 20 {
        nrsi = 20;
    } else {  
 if rsi < 0 {
        nrsi = 0;
    } else {
        nrsi = rsi;
}}
   plot result = nrsi;
}

def rsi_Banker   = rsi_function(SensitivityBanker,   RSIPeriodBanker,   RSIBaseBanker);
def rsi_HotMoney = rsi_function(SensitivityHotMoney, RSIPeriodHotMoney, RSIBaseHotMoney);

plot "5" = if(isNaN(close),na,5);#, "5" , color.silver,  2, editable = false)
"5".SetDefaultColor(Color.GRAY);
"5".SetLineWeight(2);
plot "10" = if(isNaN(close),na,10);#, "10", color.fuchsia, 2, editable = false)
"10".SetDefaultColor(Color.MAGENTA);
"10".SetLineWeight(2);
plot "15" = if(isNaN(close),na,15);#, "15", color.silver,  2, editable = false)
"15".SetDefaultColor(Color.GRAY);
"15".SetLineWeight(2);

plot Banker = if(isNaN(close),na,rsi_Banker);#,   "Banker",    #ff0000, 6, plot.style_histogram)
Banker.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
Banker.SetDefaultColor(CreateColor(255,0,0));

plot HotMoney = if(isNaN(close),na,rsi_HotMoney);#, "Hot Money", #d8c200, 6, plot.style_histogram)
HotMoney.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
HotMoney.SetDefaultColor(CreateColor(216,194,0));

plot Retailer = if(isNaN(close),na,20);# "Retailer",  #005e07, 6, plot.style_histogram)
Retailer.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
Retailer.SetDefaultColor(CreateColor(0,94,7));

#--- END Code
 
Last edited by a moderator:
mmm777 said:
MCDX is an indicator based on mutilple relative strength index (RSI) with different period, then classify into 3 categories - Retailer, Hot Money and Banker
  • Green - Retailer
  • Yellow - Hot money
  • Red - Banker

the higher and many reds are more preferable

the link:https://www.tradingview.com/script/u2dIgVpN-M2J-Indicator-MCDX/
Click to expand...
find below

https://usethinkscript.com/threads/mcdx-indicator-for-thinkorswim.12010/#post-111741


CSS: 
#// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
#// © Mango2Juice
#// MCDX is an indicator based on mutilple relative strength index (RSI) with different period, then classify into 3 categories - Retailer, Hot Money and Banker
#// Green - Retailer
#// Yellow - Hot money
#// Red - Banker
#// the higher and many reds are more preferable
#study("[M2J] Indicator | MCDX", "MCDX")
# converted by Sam4Cok@Samer800
declare lower;
input rsiBaseBanker       = 50;        # "Banker Base"
input rsiPeriodBanker     = 50;        # "Banker RSI Period"
input rsiBaseHotMoney     = 30;        # "Hot Money RSI Base"
input rsiPeriodHotMoney   = 40;        # "Hot Money RSI Period"
input SensitivityBanker   = 1.5;       # "Sensitivity Banker"
input SensitivityHotMoney = 0.7;       # "Sensitivity Hot Money"

def na = Double.NaN;
def last = isNaN(close);
#-- Color--
DefineGlobalColor("Retail", CreateColor(0,94,7));
DefineGlobalColor("Hot", CreateColor(216,194,0));
DefineGlobalColor("Banker", CreateColor(255,0,0));
#rsi_function(sensitivity, rsiPeriod, rsiBase) =>
script rsi_function {
input sensitivity = 1.5;
input rsiPeriod = 50;
input rsiBase = 50;
    def rsiValue;
    def rsi_ = rsi(Price=close,Length= rsiPeriod);
    def nRSI = sensitivity * (rsi_ - rsiBase);

    if nRSI > 20 {
        rsiValue = 20;
    } else
    if nRSI < 0 {
        rsiValue = 0;
    } else {
        rsiValue = nRSI;
}
    plot out = rsiValue;
}

def rsi_Banker   = rsi_function(SensitivityBanker,   RSIPeriodBanker,   RSIBaseBanker);
def rsi_HotMoney = rsi_function(SensitivityHotMoney, RSIPeriodHotMoney, RSIBaseHotMoney);

plot "5" = if last then na else 5;
plot "10" = if last then na else 10;
plot "15" = if last then na else 15;
"5".SetDefaultColor(Color.WHITE);
"10".SetDefaultColor(Color.MAGENTA);
"15".SetDefaultColor(Color.WHITE);

plot Banker = rsi_Banker;                    # "Banker"
plot HotMoney = rsi_HotMoney;                # "Hot Money"
plot Retailer = if last then na else 20;     # "Retailer"
Retailer.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
HotMoney.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
Banker.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);


Retailer.SetDefaultColor(GlobalColor("Retail"));
HotMoney.SetDefaultColor(GlobalColor("Hot"));
Banker.SetDefaultColor(GlobalColor("Banker"));



#-- END of CODE
 
Hi everyone,

I am trying to use the MCDX code to scan for stocks where the "Banker" value was zero the day prior, and now it is greater than zero. However, whenever I try and use the code in the scanner, the scanner crashes. May you please help me with this? Thank you very much.
 
Last edited by a moderator:
The green (retail) is maxed on this indicator in every time frame I've looked at. I think removing the green part of the indicator wouldn't change its utility at all.
 
autoloader said:
The green (retail) is maxed on this indicator in every time frame I've looked at. I think removing the green part of the indicator wouldn't change its utility at all.
Click to expand...
@autoloader that fixed the issue, I am now able to scan for the Banker values, thank you very much, this is very helpful.
Code: 
declare lower;
input rsiBaseBanker       = 50;        # "Banker Base"
input rsiPeriodBanker     = 50;        # "Banker RSI Period"
input SensitivityBanker   = 1.5;       # "Sensitivity Banker"

def na = Double.NaN;
def last = isNaN(close);
#-- Color--
#rsi_function(sensitivity, rsiPeriod, rsiBase) =>
script rsi_function {
input sensitivity = 1.5;
input rsiPeriod = 50;
input rsiBase = 50;
    def rsiValue;
    def rsi_ = rsi(Price=close,Length= rsiPeriod);
    def nRSI = sensitivity * (rsi_ - rsiBase);

    if nRSI > 20 {
        rsiValue = 20;
    } else
    if nRSI < 0 {
        rsiValue = 0;
    } else {
        rsiValue = nRSI;
}
    plot out = rsiValue;
}

def rsi_Banker   = rsi_function(SensitivityBanker,   RSIPeriodBanker,   RSIBaseBanker);

plot "5" = if last then na else 5;
plot "10" = if last then na else 10;
plot "15" = if last then na else 15;

plot Banker = rsi_Banker;                    # "Banker"
Banker.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);





#-- END of CODE
 
autoloader said:
The green (retail) is maxed on this indicator in every time frame I've looked at. I think removing the green part of the indicator wouldn't change its utility at all.
Click to expand...

@autoloader:

It would appear that the scale of this indicator tops out at 20 and the "Retail" is set to 20...Leaving or removing the "Retail" has no effect on the "Hot Money" or "Banker" RSI calculations...Below please find an edited version of the indicator with the "Retail" removed...

Code: 
#// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
#// © Mango2Juice
#// MCDX is an indicator based on mutilple relative strength index (RSI) with different period, then classified into 2 categories - Hot Money and Banker
#// Yellow - Hot money
#// Red - Banker
#// the higher and many reds are more preferable
#study("[M2J] Indicator | MCDX", "MCDX")
# converted by Sam4Cok@Samer800

declare lower;

input rsiBaseBanker       = 50;        # "Banker Base"
input rsiPeriodBanker     = 50;        # "Banker RSI Period"
input rsiBaseHotMoney     = 30;        # "Hot Money RSI Base"
input rsiPeriodHotMoney   = 40;        # "Hot Money RSI Period"
input SensitivityBanker   = 1.5;       # "Sensitivity Banker"
input SensitivityHotMoney = 0.7;       # "Sensitivity Hot Money"

def na = Double.NaN;
def last = isNaN(close);

#-- Color--
DefineGlobalColor("Hot", CreateColor(216,194,0));
DefineGlobalColor("Banker", CreateColor(255,0,0));

script rsi_function {
input sensitivity = 1.5;
input rsiPeriod = 50;
input rsiBase = 50;
    def rsiValue;
    def rsi_ = rsi(Price=close,Length= rsiPeriod);
    def nRSI = sensitivity * (rsi_ - rsiBase);

    if nRSI > 20 {
        rsiValue = 20;
    } else
    if nRSI < 0 {
        rsiValue = 0;
    } else {
        rsiValue = nRSI;
}
    plot out = rsiValue;
}

def rsi_Banker   = rsi_function(SensitivityBanker,   RSIPeriodBanker,   RSIBaseBanker);
def rsi_HotMoney = rsi_function(SensitivityHotMoney, RSIPeriodHotMoney, RSIBaseHotMoney);

plot "5" = if last then na else 5;
plot "10" = if last then na else 10;
plot "15" = if last then na else 15;
"5".SetDefaultColor(Color.WHITE);
"10".SetDefaultColor(Color.MAGENTA);
"15".SetDefaultColor(Color.WHITE);

plot Banker = rsi_Banker;
Banker.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
Banker.SetDefaultColor(GlobalColor("Banker"));

plot HotMoney = rsi_HotMoney;
HotMoney.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
HotMoney.SetDefaultColor(GlobalColor("Hot"));

Hope this helps...

Good Luck and Good Trading :cool:
 
netarchitech said:
@autoloader:

It would appear that the scale of this indicator tops out at 20 and the "Retail" is set to 20...Leaving or removing the "Retail" has no effect on the "Hot Money" or "Banker" RSI calculations...Below please find an edited version of the indicator with the "Retail" removed...

Code: 
#// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
#// © Mango2Juice
#// MCDX is an indicator based on mutilple relative strength index (RSI) with different period, then classified into 2 categories - Hot Money and Banker
#// Yellow - Hot money
#// Red - Banker
#// the higher and many reds are more preferable
#study("[M2J] Indicator | MCDX", "MCDX")
# converted by Sam4Cok@Samer800

declare lower;

input rsiBaseBanker       = 50;        # "Banker Base"
input rsiPeriodBanker     = 50;        # "Banker RSI Period"
input rsiBaseHotMoney     = 30;        # "Hot Money RSI Base"
input rsiPeriodHotMoney   = 40;        # "Hot Money RSI Period"
input SensitivityBanker   = 1.5;       # "Sensitivity Banker"
input SensitivityHotMoney = 0.7;       # "Sensitivity Hot Money"

def na = Double.NaN;
def last = isNaN(close);

#-- Color--
DefineGlobalColor("Hot", CreateColor(216,194,0));
DefineGlobalColor("Banker", CreateColor(255,0,0));

script rsi_function {
input sensitivity = 1.5;
input rsiPeriod = 50;
input rsiBase = 50;
    def rsiValue;
    def rsi_ = rsi(Price=close,Length= rsiPeriod);
    def nRSI = sensitivity * (rsi_ - rsiBase);

    if nRSI > 20 {
        rsiValue = 20;
    } else
    if nRSI < 0 {
        rsiValue = 0;
    } else {
        rsiValue = nRSI;
}
    plot out = rsiValue;
}

def rsi_Banker   = rsi_function(SensitivityBanker,   RSIPeriodBanker,   RSIBaseBanker);
def rsi_HotMoney = rsi_function(SensitivityHotMoney, RSIPeriodHotMoney, RSIBaseHotMoney);

plot "5" = if last then na else 5;
plot "10" = if last then na else 10;
plot "15" = if last then na else 15;
"5".SetDefaultColor(Color.WHITE);
"10".SetDefaultColor(Color.MAGENTA);
"15".SetDefaultColor(Color.WHITE);

plot Banker = rsi_Banker;
Banker.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
Banker.SetDefaultColor(GlobalColor("Banker"));

plot HotMoney = rsi_HotMoney;
HotMoney.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
HotMoney.SetDefaultColor(GlobalColor("Hot"));

Hope this helps...

Good Luck and Good Trading :cool:
Click to expand...
Thank you very much @netarchitech
 
Here is my take on this same indicator, it's been helpful for my trading.
I added in the moving averages that other MCDX variants on TradingView included.
Includes labels showing the percentage breakdown of the 3 groups and dynamic coloring.

Code: 
# MultiColor DegenX Indicator
declare lower;
# Green/Cyan - Retailer / Locked
# Yellow/Gray - Hot money / Float
# Red/Pink - Banker / Profit
# Colors change if a group becomes weaker as it's value falls below the moving average

input banker_base = 50;
input banker_period = 50;
input hotmoney_base = 30;
input hotmoney_period = 40;
input banker_sens = 1.5;
input hotmoney_sens = 0.7;
input show_pct = yes;
input show_labels = yes;
input show_pma = yes;
input show_fma = no;
input show_lma = yes;

# Base value
def BASE = 20.0;

# RSI calculations
def banker_rsi = banker_sens * (RSI(price = close, length = banker_period).RSI - banker_base);
def banker_rsi_capped = if banker_rsi > 20 then 20 else if banker_rsi < 0 then 0 else banker_rsi;

def hotmoney_rsi = hotmoney_sens * (RSI(price = close, length = hotmoney_period).RSI - hotmoney_base);
def hotmoney_rsi_capped = if hotmoney_rsi > 20 then 20 else if hotmoney_rsi < 0 then 0 else hotmoney_rsi;

# Component Values
def pc_val = banker_rsi_capped;
def fc_val = hotmoney_rsi_capped;

# Moving Averages
def base_length = 10;
def sma_pc = ExpAverage(pc_val, base_length);
def sma_fc = ExpAverage(fc_val - pc_val, base_length);
def sma_lc = ExpAverage(BASE - fc_val, base_length);

# Percentages
def profit_pct = Round((pc_val / BASE) * 100, 1);
def float_pct = Round(((fc_val - pc_val) / BASE) * 100, 1);
def locked_pct = Round(((BASE - fc_val) / BASE) * 100, 1);

# Component state definitions
def profit_state = pc_val >= sma_pc;
def float_state = (fc_val - pc_val) >= sma_fc;
def locked_state = (BASE - fc_val) >= sma_lc;

# Trading conditions
def banker_building = pc_val > 0 and pc_val > sma_pc and pc_val[1] == 0 and close > open;
def bank_pump = sma_pc > 0 and pc_val > sma_pc and close > open;
def banker_distribution = pc_val < sma_pc and pc_val[1] > pc_val;
def retail_trap = pc_val == 0 and close < open;

# Reference Lines
plot RefLine5 = 5;
plot RefLine10 = 10;
plot RefLine15 = 15;

RefLine5.SetDefaultColor(Color.DARK_GRAY);
RefLine10.SetDefaultColor(Color.DARK_GRAY);
RefLine15.SetDefaultColor(Color.DARK_GRAY);

RefLine5.SetStyle(Curve.SHORT_DASH);
RefLine10.SetStyle(Curve.SHORT_DASH);
RefLine15.SetStyle(Curve.SHORT_DASH);

# Moving Average Lines
plot MA_Profit = if show_pma then sma_pc else Double.NaN;
plot MA_Float = if show_fma then sma_fc else Double.NaN;
plot MA_Locked = if show_lma then sma_lc else Double.NaN;

MA_Profit.SetDefaultColor(Color.BLUE);
MA_Float.SetDefaultColor(Color.GRAY);
MA_Locked.SetDefaultColor(Color.MAGENTA);
MA_Profit.SetLineWeight(2);
MA_Float.SetLineWeight(2);
MA_Locked.SetLineWeight(2);

# Labels
AddLabel(show_pct,
    "Locked: " + locked_pct + "%",
    if locked_state then Color.CYAN else Color.GREEN
);
AddLabel(show_pct,
    "Float: " + float_pct + "%",
    if float_state then Color.YELLOW else CreateColor(128, 128, 0)
);
AddLabel(show_pct,
    "Profit: " + profit_pct + "%",
    if profit_state then Color.RED else Color.LIGHT_RED
);

# Condition Labels
AddLabel(show_labels and banker_building, "ACCUM", Color.CYAN);
AddLabel(show_labels and bank_pump, "PUMP", Color.YELLOW);
AddLabel(show_labels and banker_distribution, "DIST", Color.RED);
AddLabel(show_labels and retail_trap, "TRAP", Color.MAGENTA);

############################################################
# Plotting and Fill Section
############################################################

# Main value plots with Area style
def is_future_bar = isNaN(close);
plot ProfitLine = if is_future_bar then Double.NaN else pc_val;
plot FloatLine = if is_future_bar then Double.NaN else fc_val;
plot BaseLine = if is_future_bar then Double.NaN else BASE;
plot ZeroLine = 0;

# Color definitions
DefineGlobalColor("StrongProfit", Color.RED);
DefineGlobalColor("WeakProfit", CreateColor(255, 192, 192));
DefineGlobalColor("StrongFloat", Color.LIGHT_GRAY);
DefineGlobalColor("WeakFloat", Color.YELLOW);
DefineGlobalColor("StrongLocked", Color.CYAN);
DefineGlobalColor("WeakLocked", Color.LIGHT_GREEN);

# Set Area style for main plots
ProfitLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
FloatLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
BaseLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);

ProfitLine.SetLineWeight(3);
FloatLine.SetLineWeight(3);
BaseLine.SetLineWeight(3);

# Line colors for main plots based on states
ProfitLine.AssignValueColor(if profit_state then GlobalColor("StrongProfit") else GlobalColor("WeakProfit"));
FloatLine.AssignValueColor(if float_state then GlobalColor("StrongFloat") else GlobalColor("WeakFloat"));
BaseLine.AssignValueColor(if locked_state then GlobalColor("StrongLocked") else GlobalColor("WeakLocked"));
MCDX.png
 
Last edited:
741 said:
Here is my take on this same indicator, it's been helpful for my trading.
I added in the moving averages that other MCDX variants on TradingView included.
Includes labels showing the percentage breakdown of the 3 groups and dynamic coloring.

Code: 
# MultiColor DegenX Indicator
declare lower;
# Green/Cyan - Retailer / Locked
# Yellow/Gray - Hot money / Float
# Red/Pink - Banker / Profit
# Colors change if a group becomes weaker as it's value falls below the moving average

input banker_base = 50;
input banker_period = 50;
input hotmoney_base = 30;
input hotmoney_period = 40;
input banker_sens = 1.5;
input hotmoney_sens = 0.7;
input show_pct = yes;
input show_labels = yes;
input show_pma = yes;
input show_fma = no;
input show_lma = yes;

# Base value
def BASE = 20.0;

# RSI calculations
def banker_rsi = banker_sens * (RSI(price = close, length = banker_period).RSI - banker_base);
def banker_rsi_capped = if banker_rsi > 20 then 20 else if banker_rsi < 0 then 0 else banker_rsi;

def hotmoney_rsi = hotmoney_sens * (RSI(price = close, length = hotmoney_period).RSI - hotmoney_base);
def hotmoney_rsi_capped = if hotmoney_rsi > 20 then 20 else if hotmoney_rsi < 0 then 0 else hotmoney_rsi;

# Component Values
def pc_val = banker_rsi_capped;
def fc_val = hotmoney_rsi_capped;

# Moving Averages
def base_length = 10;
def sma_pc = ExpAverage(pc_val, base_length);
def sma_fc = ExpAverage(fc_val - pc_val, base_length);
def sma_lc = ExpAverage(BASE - fc_val, base_length);

# Percentages
def profit_pct = Round((pc_val / BASE) * 100, 1);
def float_pct = Round(((fc_val - pc_val) / BASE) * 100, 1);
def locked_pct = Round(((BASE - fc_val) / BASE) * 100, 1);

# Component state definitions
def profit_state = pc_val >= sma_pc;
def float_state = (fc_val - pc_val) >= sma_fc;
def locked_state = (BASE - fc_val) >= sma_lc;

# Trading conditions
def banker_building = pc_val > 0 and pc_val > sma_pc and pc_val[1] == 0 and close > open;
def bank_pump = sma_pc > 0 and pc_val > sma_pc and close > open;
def banker_distribution = pc_val < sma_pc and pc_val[1] > pc_val;
def retail_trap = pc_val == 0 and close < open;

# Reference Lines
plot RefLine5 = 5;
plot RefLine10 = 10;
plot RefLine15 = 15;

RefLine5.SetDefaultColor(Color.DARK_GRAY);
RefLine10.SetDefaultColor(Color.DARK_GRAY);
RefLine15.SetDefaultColor(Color.DARK_GRAY);

RefLine5.SetStyle(Curve.SHORT_DASH);
RefLine10.SetStyle(Curve.SHORT_DASH);
RefLine15.SetStyle(Curve.SHORT_DASH);

# Moving Average Lines
plot MA_Profit = if show_pma then sma_pc else Double.NaN;
plot MA_Float = if show_fma then sma_fc else Double.NaN;
plot MA_Locked = if show_lma then sma_lc else Double.NaN;

MA_Profit.SetDefaultColor(Color.BLUE);
MA_Float.SetDefaultColor(Color.GRAY);
MA_Locked.SetDefaultColor(Color.MAGENTA);
MA_Profit.SetLineWeight(2);
MA_Float.SetLineWeight(2);
MA_Locked.SetLineWeight(2);

# Labels
AddLabel(show_pct,
    "Locked: " + locked_pct + "%",
    if locked_state then Color.CYAN else Color.GREEN
);
AddLabel(show_pct,
    "Float: " + float_pct + "%",
    if float_state then Color.YELLOW else CreateColor(128, 128, 0)
);
AddLabel(show_pct,
    "Profit: " + profit_pct + "%",
    if profit_state then Color.RED else Color.LIGHT_RED
);

# Condition Labels
AddLabel(show_labels and banker_building, "ACCUM", Color.CYAN);
AddLabel(show_labels and bank_pump, "PUMP", Color.YELLOW);
AddLabel(show_labels and banker_distribution, "DIST", Color.RED);
AddLabel(show_labels and retail_trap, "TRAP", Color.MAGENTA);

############################################################
# Plotting and Fill Section
############################################################

# Main value plots with Area style
def is_future_bar = isNaN(close);
plot ProfitLine = if is_future_bar then Double.NaN else pc_val;
plot FloatLine = if is_future_bar then Double.NaN else fc_val;
plot BaseLine = if is_future_bar then Double.NaN else BASE;
plot ZeroLine = 0;

# Color definitions
DefineGlobalColor("StrongProfit", Color.RED);
DefineGlobalColor("WeakProfit", CreateColor(255, 192, 192));
DefineGlobalColor("StrongFloat", Color.LIGHT_GRAY);
DefineGlobalColor("WeakFloat", Color.YELLOW);
DefineGlobalColor("StrongLocked", Color.CYAN);
DefineGlobalColor("WeakLocked", Color.LIGHT_GREEN);

# Set Area style for main plots
ProfitLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
FloatLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
BaseLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);

ProfitLine.SetLineWeight(3);
FloatLine.SetLineWeight(3);
BaseLine.SetLineWeight(3);

# Line colors for main plots based on states
ProfitLine.AssignValueColor(if profit_state then GlobalColor("StrongProfit") else GlobalColor("WeakProfit"));
FloatLine.AssignValueColor(if float_state then GlobalColor("StrongFloat") else GlobalColor("WeakFloat"));
BaseLine.AssignValueColor(if locked_state then GlobalColor("StrongLocked") else GlobalColor("WeakLocked"));
View attachment 24170
Click to expand...
Thank you very much for your help, I really appreciate it @741.
 
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