AsGood_Trend_Line

[csricksdds]

I've been working on a Vertical Line Trend indicator to give me a heads up to my AsGoodAsItGets and I'm stumped. I would only like to hae the Trend Change (Red/Green) and get rid of the Transition Lines. Can you help? Here is the indicator thus far:

##AsGood_Trend_Line

declare upper;

input Length =21;
input Reversal = 3.0;


def Change;
def V;

def p1v = Max(-100, Min(100, (StochasticFull(kPeriod = 5, slowing_period = 3, averageType=averageType.EXPONENTIAL))) - 50) / 50.01;
def p2v = Max(-100, Min(100, (StochasticFull(KPeriod = 8, slowing_period = 5, averageType=averageType.EXPONENTIAL))) - 50) / 50.01;
def p3v = Max(-100, Min(100, (StochasticFull(KPeriod = 17, slowing_period = 5, averageType=averageType.EXPONENTIAL))) - 50) / 50.01;

if p2v > 0
Then {
Change = if p1v <= p2v and p1v[1] > p2v[1] and p2v[1] > 0 then -1 else 0;
V = CompoundValue(1, Min (0, V[1]) + Change, 0);
}
else {
Change = if p1v >= p2v and p1v[1] < p2v[1] and p2v[1] <= 0 then 1 else 0;
V = CompoundValue (1, Max (0, V[1]) + Change, 0);
}

DefineGlobalColor ("Trend Transition Buy", Color.Light_Green);
DefineGlobalColor ("TREND CHANGE Buy", Color.Green);
DefineGlobalColor ("Trend Transition Sell", Color.Light_RED);
DefineGlobalColor ("TREND CHANGE SELL", Color.RED);

AddVerticalLine (((p2v > 0 and p1v <= p2v and p1v[1] > p2v[1]) or (p2v < 0 and p1v >= p2v and p1v[1] < p2v[1])),
if AbsValue(V) > 1 then "TREND CHANGE" else "Trend Transition",
if V > 1 then
GlobalColor ("TREND CHANGE BUY")
else if V == 1 then
GlobalColor ("Trend Transition Buy")
else if V < -1 then
GlobalColor ("TREND CHANGE SELL")
else GlobalColor ("Trend Transition Sell"));

#End

 

[SleepyZ]

I've been working on a Vertical Line Trend indicator to give me a heads up to my AsGoodAsItGets and I'm stumped. I would only like to hae the Trend Change (Red/Green) and get rid of the Transition Lines. Can you help? Here is the indicator thus far:

##AsGood_Trend_Line

declare upper;

input Length =21;
input Reversal = 3.0;


def Change;
def V;

def p1v = Max(-100, Min(100, (StochasticFull(kPeriod = 5, slowing_period = 3, averageType=averageType.EXPONENTIAL))) - 50) / 50.01;
def p2v = Max(-100, Min(100, (StochasticFull(KPeriod = 8, slowing_period = 5, averageType=averageType.EXPONENTIAL))) - 50) / 50.01;
def p3v = Max(-100, Min(100, (StochasticFull(KPeriod = 17, slowing_period = 5, averageType=averageType.EXPONENTIAL))) - 50) / 50.01;

if p2v > 0
Then {
Change = if p1v <= p2v and p1v[1] > p2v[1] and p2v[1] > 0 then -1 else 0;
V = CompoundValue(1, Min (0, V[1]) + Change, 0);
}
else {
Change = if p1v >= p2v and p1v[1] < p2v[1] and p2v[1] <= 0 then 1 else 0;
V = CompoundValue (1, Max (0, V[1]) + Change, 0);
}

DefineGlobalColor ("Trend Transition Buy", Color.Light_Green);
DefineGlobalColor ("TREND CHANGE Buy", Color.Green);
DefineGlobalColor ("Trend Transition Sell", Color.Light_RED);
DefineGlobalColor ("TREND CHANGE SELL", Color.RED);

AddVerticalLine (((p2v > 0 and p1v <= p2v and p1v[1] > p2v[1]) or (p2v < 0 and p1v >= p2v and p1v[1] < p2v[1])),
if AbsValue(V) > 1 then "TREND CHANGE" else "Trend Transition",
if V > 1 then
GlobalColor ("TREND CHANGE BUY")
else if V == 1 then
GlobalColor ("Trend Transition Buy")
else if V < -1 then
GlobalColor ("TREND CHANGE SELL")
else GlobalColor ("Trend Transition Sell"));

#End

This might help

##AsGood_Trend_Line

declare upper;

input Length = 21;
input Reversal = 3.0;


def Change;
def V;

def p1v = Max(-100, Min(100, (StochasticFull(kPeriod = 5, slowing_period = 3, averageType = AverageType.EXPONENTIAL))) - 50) / 50.01;
def p2v = Max(-100, Min(100, (StochasticFull(KPeriod = 8, slowing_period = 5, averageType = AverageType.EXPONENTIAL))) - 50) / 50.01;
def p3v = Max(-100, Min(100, (StochasticFull(KPeriod = 17, slowing_period = 5, averageType = AverageType.EXPONENTIAL))) - 50) / 50.01;

if p2v > 0
Then {
    Change = if p1v <= p2v and p1v[1] > p2v[1] and p2v[1] > 0 then -1 else 0;
    V = CompoundValue(1, Min (0, V[1]) + Change, 0);
}
else {
    Change = if p1v >= p2v and p1v[1] < p2v[1] and p2v[1] <= 0 then 1 else 0;
    V = CompoundValue (1, Max (0, V[1]) + Change, 0);
}

DefineGlobalColor ("Trend Transition Buy", Color.LIGHT_GREEN);
DefineGlobalColor ("TREND CHANGE Buy", Color.GREEN);
DefineGlobalColor ("Trend Transition Sell", Color.LIGHT_RED);
DefineGlobalColor ("TREND CHANGE SELL", Color.RED);

AddVerticalLine (AbsValue(V[1]) <= 1 and AbsValue(V) > 1 or V[1] >= -1 and V < -1,
if AbsValue(V) > 1 then "TREND CHANGE" else "Trend Transition",
if V > 1 then
GlobalColor ("TREND CHANGE BUY")
else if V == 1 then
GlobalColor ("Trend Transition Buy")
else if V < -1 then
GlobalColor ("TREND CHANGE SELL")
else GlobalColor ("Trend Transition Sell"));

#End

 

[majidg]

This might help

can you please show the codes for the above chart? The one given is not the same as the chart shown. Thanks,

 

[SleepyZ]

can you please show the codes for the above chart? The one given is not the same as the chart shown. Thanks,

It includes the above code and the opening range code I posted today

 

[csricksdds]

This might help

This

This might help

This might help

Thanks Ruby and SleepyZ for your help - I would like to cut the number of lines by eliminating the Trend Transition Buy & Sell and maintain only the Trend Change Vertical lines...?? I think the resat of the above chart is where Ruby was testing it with her charting?
might help

 

[SleepyZ]

@csricksdds
Thanks Ruby and SleepyZ for your help - I would like to cut the number of lines by eliminating the Trend Transition Buy & Sell and maintain only the Trend Change Vertical lines...?? I think the resat of the above chart is where Ruby was testing it with her charting?
might help

The code in this link eliminates all vertical lines, except Trend Change ones. Even the Trend Change ones will only show the first one in the case of multiple consecutive ones. https://usethinkscript.com/threads/asgood_trend_line.13671/post-114114

Also, Ruby is a type of code format, not a person.

 

[csricksdds]

Thanks...I'm using it this morning and it is a good head-up to go along with my other trend indicators