blackFLAG FTS - SwingArm Trend Indicator using ATRTrailing Stop and Fibonacci Retracements

[J R]

Waiting for the new script, so we on the same page

 

[Vickielu]

How can i get this code?

 

[rippingpants]

@fjr1300 I'm looking forward to a $ZM meeting so we can discuss more about your strategies, I can throw in my 2 cents on time zone wave theory.

 

[BenTen]

@rippingpants The Zoom meeting was earlier. You can check out the video on the first page. @J R Check post #1 for the updated script.

 

[rippingpants]

@rippingpants The Zoom meeting was earlier. You can check out the video on the first page. @J R Check post #1 for the updated script.

Thanks Ben! Will do.

 

[bubz]

Just watched the Zoom meeting, thank you for walking us through that. I really liked what you have accomplished here. I will be testing this in the next week or so. You should look at the Multiple Time Frame TMO also I think that would fit nicely here.

 

[Thomas]

How can i get this code?

Read the entire tread first.....

 

[[deleted]13]

FYI. Our friend in Asia @Playstation Tells me that the bubbles for daily support and resistance are not working since the markets are closed.. It will update by Monday... (it should)

 

[Ramesh16]

I am not clear on zone 1 -4?
I missed it somewhere when I was watching

 

[Rioslik]

Quick question if I have the 1Min study up and I want to look at the 5Min do I have to load the 5Min. study or can I just change the time frame? and get the correct data? Thank you!

 

[Playstation]

This happens to my custom pivots when its a holiday or halfday. Let's see tomorrow when market opens.

 

[mansor]

Thanks for the video youtube link in post #1.

I have a small question @Playstation, @fjr1300, and @BenTen

Using @mashume hull moving average con turning points, I am getting green (buy support) and red (sell resistance) bubbles. I am not sure, how YELLOW (buy/sell confirmation) bubbles are being generated. So can someone tell me:

-which script is generating YELLOW BUBBLES

Thank you again

 

[[deleted]13]

@mansor They are generated by the same study. I added the labels / bubbles with the help of other members. If you look at the code, the information is all the way at the bottom.

 

[mansor]

They are generated by the same study. I added the labels / bubbles with the help of other members. If you look at the code, the information is all the way at the bottom.

@fjr1300 This is the first version with green and red bubbles at the bottom (bold) - there's no indication of yellow bubbles. I have also posted 2nd version further below:

#
# Hull Moving Average Concavity and Turning Points
#  or
# The Second Derivative of the Hull Moving Average
#
# Author: Seth Urion (Mahsume)
# Version: 2020-05-01 V4
#
# Now with support for ToS Mobile
#
# Faster, but not necessarily mathematically as good as the first
#
# This code is licensed (as applicable) under the GPL v3
#
# ----------------------


declare upper;

input price = HL2;
input HMA_Length = 55;
input lookback = 2;

plot HMA = HullMovingAvg(price = price, length = HMA_Length);

def delta = HMA[1] - HMA[lookback + 1];
def delta_per_bar = delta / lookback;

def next_bar = HMA[1] + delta_per_bar;

def concavity = if HMA > next_bar then 1 else -1;

plot turning_point = if concavity[1] != concavity then HMA else double.nan;

HMA.AssignValueColor(color = if concavity[1] == -1 then
    if HMA > HMA[1] then color.dark_orange else color.red else
    if HMA < HMA[1] then color.dark_green else color.green);

HMA.SetLineWeight(3);

turning_point.SetLineWeight(4);
turning_point.SetPaintingStrategy(paintingStrategy = PaintingStrategy.POINTS);
turning_point.SetDefaultColor(color.white);

plot MA_Max = if HMA[-1] < HMA and HMA > HMA[1] then HMA else Double.NaN;
MA_Max.SetDefaultColor(Color.WHITE);
MA_Max.SetPaintingStrategy(PaintingStrategy.SQUARES);
MA_Max.SetLineWeight(3);

plot MA_Min = if HMA[-1] > HMA and HMA < HMA[1] then HMA else Double.Nan;
MA_Min.SetDefaultColor(Color.WHITE);
MA_Min.SetPaintingStrategy(PaintingStrategy.TRIANGLES);
MA_Min.SetLineWeight(3);

plot sell = if turning_point and concavity == -1 then high else double.nan;
sell.SetDefaultColor(Color.DARK_ORANGE);
sell.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
sell.SetLineWeight(3);

plot buy = if turning_point and concavity == 1 then low else double.nan;
buy.SetDefaultColor(Color.CYAN);
buy.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
buy.SetLineWeight(3);

def divergence = HMA - next_bar;

addLabel(yes, concat("DIVERGENCE: " , divergence), color = if concavity < 0 then if divergence[1] > divergence then Color.RED else color.PINK else if divergence[1] < divergence then color.green else color.yellow);

###################
#
# ALERTS
#
###################

Alert(condition = buy, text = "Buy", "alert type" = Alert.BAR, sound = Sound.Bell);

Alert(condition = sell, text = "Sell", "alert type" = Alert.BAR, sound = Sound.Chimes);

###################
#
# 2020-05-01
#
# MOBILE TOS SUPPORT
#
# Each color of the HMA needs to be a separate plot as ToS Mobile
# lacks the ability to assign colors the way ToS Desktop does.
# I recommend a plain colored HMA behind the line
# Set the line color of the HMA above to gray or some neutral
#
# CCD_D -> ConCave Down and Decreasing
# CCD_I -> ConCave Down and Increasing
# CCU_D -> ConCave Up and Decreasing
# CCU_I -> ConCave Up and Increasing
#
###################
plot CCD_D = if concavity == -1 and HMA < HMA[1] then HMA else double.nan;
CCD_D.SetDefaultColor(Color.RED);
CCD_D.SetLineWeight(3);

plot CCD_I = if concavity == -1 and HMA >= HMA[1] then HMA else double.nan;
CCD_I.SetDefaultColor(Color.DARK_ORANGE);
CCD_I.SetLineWeight(3);

plot CCU_D = if concavity == 1 and HMA <= HMA[1] then HMA else double.nan;
CCU_D.SetDefaultColor(COLOR.DARK_GREEN);
CCU_D.SetLineWeight(3);

plot CCU_I = if concavity == 1 and HMA > HMA[1] then HMA else double.nan;
CCU_I.SetDefaultColor(COLOR.GREEN);
CCU_I.SetLineWeight(3);
AddChartBubble(MA_MAX == MA_MAX , MA_MAX , "SELL RESISTANCE" , Color.RED,no);

AddChartBubble(MA_MIN == MA_MIN , MA_MIN , "BUY SUPPORT" , Color.GREEN, yes);

--------------------------------------------------------------------------------------------------------------

Here is second version - this one has yellow bubbles on the bottom and not green & red ones

#
# Hull Moving Average Concavity and Turning Points
#  or
# The Second Derivative of the Hull Moving Average
#
# Author: Seth Urion (Mahsume)
# Version: 2020-05-01 V4
#
# Now with support for ToS Mobile
#
# This code is licensed (as applicable) under the GPL v3
# UseThinkScript.com
# https://usethinkscript.com/threads/hull-moving-average-turning-points-and-concavity-2nd-derivatives.1803/page-14#post-23080
# ----------------------

# INSTRUCTIONS:
# SETTINGS TO SET UP ALERT NOTIFICATIONS - JAzcarate -
# BUY / SELL CHART ALERTS WITH EMAIL / TEXT
# STUDY NAME: HULL MOVING AVERAGE TURNING POINTS
# 2 MINUTE CHART SETTING 200 period HMA
# 5 MINUTE CHART SETTING 100 period HMA
# 10 MINUTE CHART SETTING 55 PERIOD HMA

# SELL FROM RESISTANCE - BUY FROM SUPPORT


declare upper;

input price = HL2;
input HMA_Length = 55;
input lookback = 2;

# I read somewhere that it's faster to define nan's and then use the def'd var rather than call double.nan every time.
def nan = double.nan;

plot HMA = HullMovingAvg(price = price, length = HMA_Length);

def delta = HMA[1] - HMA[lookback + 1];
def delta_per_bar = delta / lookback;

def next_bar = HMA[1] + delta_per_bar;

def concavity = if HMA > next_bar then 1 else -1;

plot turning_point = if concavity[1] != concavity then HMA else nan;

HMA.AssignValueColor(color = if concavity[1] == -1 then
    if HMA > HMA[1] then color.dark_orange else color.red else
    if HMA < HMA[1] then color.dark_green else color.green);

HMA.SetLineWeight(3);

turning_point.SetLineWeight(4);
turning_point.SetPaintingStrategy(paintingStrategy = PaintingStrategy.POINTS);
turning_point.SetDefaultColor(color.white);

plot MA_Max = if HMA[-1] < HMA and HMA > HMA[1] then HMA else NaN;
MA_Max.SetDefaultColor(Color.WHITE);
MA_Max.SetPaintingStrategy(PaintingStrategy.SQUARES);
MA_Max.SetLineWeight(3);

plot MA_Min = if HMA[-1] > HMA and HMA < HMA[1] then HMA else Nan;
MA_Min.SetDefaultColor(Color.WHITE);
MA_Min.SetPaintingStrategy(PaintingStrategy.TRIANGLES);
MA_Min.SetLineWeight(3);

# NOTE: I PREFER TO TURN OFF UP ARROWS WHEN IN DOWN TREND.  IF IN DOWNTRENDING SWINGARM, THE TURN ON ONLY DOWN SELL ARROWS. YOU CAN DO THIS USING THE INPUT SETTINGS SCREEN.

plot sell = if turning_point and concavity == -1 then high else nan;
sell.SetDefaultColor(Color.DARK_ORANGE);
sell.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
sell.SetLineWeight(3);

plot buy = if turning_point and concavity == 1 then low else nan;
buy.SetDefaultColor(Color.CYAN);
buy.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
buy.SetLineWeight(3);

def divergence = HMA - next_bar;

addLabel(yes, concat("DIVERGENCE: " , divergence), color = if concavity < 0 then if divergence[1] > divergence then Color.RED else color.PINK else if divergence[1] < divergence then color.green else color.yellow);

###################
#
# ALERTS
#
###################

Alert(condition = buy, text = "Buy", "alert type" = Alert.BAR, sound = Sound.Bell);

Alert(condition = sell, text = "Sell", "alert type" = Alert.BAR, sound = Sound.Chimes);

###################
#
# 2020-05-01
#
# MOBILE TOS SUPPORT
#
# Each color of the HMA needs to be a separate plot as ToS Mobile
# lacks the ability to assign colors the way ToS Desktop does.
# I recommend a plain colored HMA behind the line
# Set the line color of the HMA above to gray or some neutral
#
# CCD_D -> ConCave Down and Decreasing
# CCD_I -> ConCave Down and Increasing
# CCU_D -> ConCave Up and Decreasing
# CCU_I -> ConCave Up and Increasing
#
###################
plot CCD_D = if concavity == -1 and HMA < HMA[1] then HMA else nan;
CCD_D.SetDefaultColor(Color.RED);
CCD_D.SetLineWeight(3);

plot CCD_I = if concavity == -1 and HMA >= HMA[1] then HMA else nan;
CCD_I.SetDefaultColor(Color.DARK_ORANGE);
CCD_I.SetLineWeight(3);

plot CCU_D = if concavity == 1 and HMA <= HMA[1] then HMA else nan;
CCU_D.SetDefaultColor(COLOR.DARK_GREEN);
CCU_D.SetLineWeight(3);

plot CCU_I = if concavity == 1 and HMA > HMA[1] then HMA else nan;
CCU_I.SetDefaultColor(COLOR.GREEN);
CCU_I.SetLineWeight(3);

AddChartBubble(MA_MAX == MA_MAX , MA_MAX , "SELL Confirmed" , Color.YELLOW,no);


AddChartBubble(MA_MIN == MA_MIN , MA_MIN , "BUY Confirmed" , Color.YELLOW, yes);

-----------------------------------------------------------------------------------------------------------

If I use these simultaneously, they give bubbles on same candle, basically, overlapping. But that's not the case, when you use it. Is there another version that comprises both together.

Thank you again & sorry for asking about it over and over.

 

[Trader Raider]

@fjr1300 José, nice job with the color changes and de-cluttering the chart. I trade fibs too, but with the first iteration, I couldn't process the zones. Your current color gradations make it a lot easier. My personal preference is to avoid clouds on a chart, but I think your setup will help some traders get a feel for pullback zones. Well done!

 

[ALV]

@fjr1300

Jose- Buenas tardes. First, thank you so much for sharing your hard work with this community. I am very impressed with the study. Just checked your website and confirmed that this has been used for a few years now. I am sure that results are very positive, based on what I saw and in the zoom presentation posted above.
It also was extremely gratifying, at least for me, to see that you promote Paying forward thru charities in your website. My respects for thinking about others less fortunate and helping to make a difference in this world.
Muchas gracias.

 

[msr123]

Thanks for links. Alert templates are giving the errors when importing.

 

[[deleted]13]

@mansor Let me know if you were able to get the alerts to work. if not please review the site.

@Rioslik It is best to have a grid setup with slots for 1 min, 5 min, 10 min, etc. Depending on how many monitors you have, a different recommendation can be given.

 

[Robster021]

Hi @fjr1300 , this system you have created is super interesting. Have you tested it on tick or range charts?

 

[Trader Raider]

Quick question if I have the 1Min study up and I want to look at the 5Min do I have to load the 5Min. study or can I just change the time frame? and get the correct data? Thank you!

If you are like me and aren't a fan of workspaces with numerous cells, you can easily switch between time frames (each time frame with its own studies and study settings, if you like) with a single click by using "My Tools." It's under the General Settings section in TOS.

https://tlc.thinkorswim.com/center/howToTos/thinkManual/charts/Useful-Tools/My-Tools
Here's a video showing how to do it. (Disclaimer: I don't know anything about the presenter, I was just looking for a video showing how to set up My Tools on a chart.)

Anyone who wants to use this indicator could save a style for a 1, 5, 10 min chart, etc and then easily switch between those charts using My Tools if that is handier than loading a separate grid-style workspace to view higher timeframes. What I typically do is have a 2-cell work space with a MyTools menu at the top to allow me to stay in a lower time frame on one side and cycle through various higher timeframes on the other side without having to load additional workspaces. YMMV.

Best wishes and happy trading!