Join useThinkScript to post your question to a community of 21,000+ developers and traders.
Im trying to still trade while at work and this would help a ton. Also the mobile version doesn't look like the mobile version in the video I must be doing something wrong. Thanks in advance@fjr1300 How do I set up an alert to trigger when the bubbles"buy support", or "buy confirmed", Or "support 1" or "support 2" or "support 3" is triggered?
@fjr1300 How do I set up an alert to trigger when the bubbles"buy support", or "buy confirmed", Or "support 1" or "support 2" or "support 3" is triggered?
# blackFLAG FTS SwingArms
# StudyName: blackFLAG_Futures_SwingArm_ATRTrail
# My preferred setting is 28 / 5 FOR ALL TIMEFRAMES
# Edited by: Jose Azcarate
# blackFLAG Futures Trading - FOR EDUCATIONAL PURPOSES ONLY
# TWITTER: @blackflagfuture
# SwingArm Watchlist by @fishstick1229
# * Updated code below is to be used for custom watchlist column only **
# Updated text display by @Fishbed
# Edited by Playstation 060620 from fishstick1229 edit, criteria price must show bounce
input trailType = {default modified, unmodified};
input ATRPeriod = 28;
input ATRFactor = 5;
input firstTrade = {default long, short};
input averageType = AverageType.WILDERS;
input fib1Level = 61.8;
input fib2Level = 78.6;
input fib3Level = 88.6;
Assert(ATRFactor > 0, "'atr factor' must be positive: " + ATRFactor);
def HiLo = Min(high - low, 1.5 * Average(high - low, ATRPeriod));
def HRef = if low <= high[1]
then high - close[1]
else (high - close[1]) - 0.5 * (low - high[1]);
def LRef = if high >= low[1]
then close[1] - low
else (close[1] - low) - 0.5 * (low[1] - high);
def trueRange;
switch (trailType) {
case modified:
trueRange = Max(HiLo, Max(HRef, LRef));
case unmodified:
trueRange = TrueRange(high, close, low);
}
def loss = ATRFactor * MovingAverage(averageType, trueRange, ATRPeriod);
def state = {default init, long, short};
def trail;
switch (state[1]) {
case init:
if (!IsNaN(loss)) {
switch (firstTrade) {
case long:
state = state.long;
trail = close - loss;
case short:
state = state.short;
trail = close + loss;
}
} else {
state = state.init;
trail = Double.NaN;
}
case long:
if (close > trail[1]) {
state = state.long;
trail = Max(trail[1], close - loss);
} else {
state = state.short;
trail = close + loss;
}
case short:
if (close < trail[1]) {
state = state.short;
trail = Min(trail[1], close + loss);
} else {
state = state.long;
trail = close - loss;
}
}
def BuySignal = Crosses(state == state.long, 0, CrossingDirection.ABOVE);
def SellSignal = Crosses(state == state.short, 0, CrossingDirection.ABOVE);
def ex = if BuySignal then high else if SellSignal then low else if state == state.long then Max(ex[1], high) else if state == state.short then Min(ex[1], low) else ex[1];
def TrailingStop = trail;
def f1 = ex + (trail - ex) * fib1Level / 100;
def f2 = ex + (trail - ex) * fib2Level / 100;
def f3 = ex + (trail - ex) * fib3Level / 100;
def l100 = trail + 0;
def Fib1 = f1;
def Fib2 = f2;
def Fib3 = f3;
def bullAboveZone = state == state.Long and close > Fib1;
def bullZone2 = state == state.Long and close <= Fib1 and close > Fib2 and close>open and close[1]<open[1];
def bullZone3 = state == state.Long and close <= Fib2 and close > Fib3 and close>open and close[1]<open[1];
def bullZone4 = state == state.Long and close <= Fib3 and close > TrailingStop and close>open and close[1]<open[1];
def bearZone2 = state == state.Short and close >= Fib1 and close < Fib2 and close<open and close[1]>open[1];
def bearZone3 = state == state.Short and close >= Fib2 and close < Fib3 and close<open and close[1]>open[1];
def bearZone4 = state == state.Short and close >= Fib3 and close < TrailingStop and close<open and close[1]>open[1];
assignBackgroundColor(if state == state.long then Color.GREEN else Color.RED);
AddLabel(yes, if bullZone2 then "ZONE2" else if bullZone3 then "ZONE3" else if bullZone4 then "BUY ZONE4" else if bearZone2 then " ZONE 2" else if bearZone3 then " ZONE3" else if bearZone4 then "SELL ZONE4" else " ", if bullZone4 or bearZone4 then color.BLUE else Color.BLACK);
useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.
We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.
If you are new, or just looking for guidance, here are some helpful links to get you started.
