input RiskUnit = 100;
input AggregationPeriod = AggregationPeriod.FIFTEEN_MIN;
def highVal = Round(Fib3, 2);
def lowVal = Round(TrailingStop, 2);
AddLabel(
yes,
"High: " + highVal + " Low: " + lowVal,
Color.Gray
);
def diff = highVal-LowVal;
AddLabel(
yes,
AsDollars(RiskUnit) + " risk with " + AsDollars(diff) + " stop = " + Floor(Round(RiskUnit/diff)) + " shares",
Color.Gray
);Gives 4 errors.I need some help in creating a label for the Swingarm zone that displays the distance from the trailing stop line to the Fib3 line and based on that display the position size to take based on the dollar risk set in the label parameters. I have found a similar label on the forum and think it can be used as reference / modification.
Edit: With my limited copy and paste knowledge I combined the two together.
Code:input RiskUnit = 100; input AggregationPeriod = AggregationPeriod.FIFTEEN_MIN; def highVal = Round(Fib3, 2); def lowVal = Round(TrailingStop, 2); AddLabel( yes, "High: " + highVal + " Low: " + lowVal, Color.Gray ); def diff = highVal-LowVal; AddLabel( yes, AsDollars(RiskUnit) + " risk with " + AsDollars(diff) + " stop = " + Floor(Round(RiskUnit/diff)) + " shares", Color.Gray );
@chewie76 where is Fib .618, a stronger support or resistance level, thanks!@unkownriver
This has shades, no bubbles.
Picture is SPY on 1 min. chart http://tos.mx/p31Urnx
The yellow line is 50% fib.
It's the next line color change from the yellow 50 line. Below it if in uptrend, and above it in downtrend.
Hi Ben, can you create a strategy that opens a position when price crosses the fib3(88.6) level? I've done it with the close of the candle but I'd like it to trigger whenever price touches that 88.6 level.
Could you share the code for close of the candle? I've been trying to create a strategy but no success.
I can I remove all of the bubbles and names
The addorder are at the bottom. As you can see I was playing around with different ways but I couldn't figure it out. Unfortunately I've moved onto a different strategy. Not because this one doesn't work, it really does, but I've found another that fits my style a bit better. If you do figure it out though, please post the results.
# Original Code From: TD Ameritrade IP Company, Inc. (c) 2009-2020
# Original StudyName: ATRTrailingStop
# Type: Study
# 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
# UPDATED: 5/16/2020
# NOTE: WHEN IMPORTING STUDY, MAKE SURE YOU UPDATE THE LOOK AND FEEL TO MATCH MY CHARTS WITHIN THE STUDY SETTINGS.
#-----------------------------------
#-----------------------------------
# BUY & SELL ALERTS ARE CREATED BY THE HULL MOVING AVERAGE TURNING POINTS STUDY AND MUST BE IN AGREEMENT WITH SWINGARM SUPPORT OR RESISTANCE ZONES TO BE VALID. (UseThinkScript.com by mashume - Upper Study). MY UPDATED CODE INCLUDES THE BUY / SELL BUBBLES. THE SETTINGS ARE: 1 MIN: 255 PERIOD; 5 MIN: 255 PERIOD; 4 HOUR 255 PERIOD.
#-----------------------------------
#-----------------------------------
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];
plot TrailingStop = trail;
TrailingStop.SetPaintingStrategy(PaintingStrategy.POINTS);
TrailingStop.DefineColor("Long", Color.GREEN);
TrailingStop.DefineColor("Short", Color.RED);
TrailingStop.AssignValueColor(if state == state.long
then TrailingStop.Color("Long")
else TrailingStop.Color("Short"));
plot Extremum = ex;
Extremum.SetPaintingStrategy(PaintingStrategy.POINTS);
Extremum.DefineColor("HH", Color.GREEN);
Extremum.DefineColor("LL", Color.RED);
Extremum.AssignValueColor(if state == state.long
then Extremum.Color("HH")
else Extremum.Color("LL"));
Extremum.Hide();
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;
plot Fib1 = f1;
Fib1.SetPaintingStrategy(PaintingStrategy.POINTS);
Fib1.SetDefaultColor(Color.BLACK);
Fib1.Hide();
plot Fib2 = f2;
Fib2.SetPaintingStrategy(PaintingStrategy.POINTS);
Fib2.SetDefaultColor(Color.BLACK);
Fib2.Hide();
plot Fib3 = f3;
Fib3.SetPaintingStrategy(PaintingStrategy.POINTS);
Fib3.SetDefaultColor(Color.BLACK);
Fib3.Hide();
AddCloud(f1, f2, Color.LIGHT_GREEN, Color.LIGHT_RED, no);
AddCloud(f2, f3, Color.GREEN, Color.RED, no);
AddCloud(f3, l100, Color.DARK_GREEN, Color.DARK_RED, no);
def l1 = state[1] == state.long and close crosses below f1[1];
def l2 = state[1] == state.long and close crosses below f2[1];
def l3 = state[1] == state.long and close crosses below f3[1];
def s1 = state[1] == state.short and close crosses above f1[1];
def s2 = state[1] == state.short and close crosses above f2[1];
def s3 = state[1] == state.short and close crosses above f3[1];
def atr = Average(TrueRange(high, close, low), 14);
plot LS1 = if l1 then low - atr else Double.NaN;
plot LS2 = if l2 then low - 1.5 * atr else Double.NaN;
plot LS3 = if l3 then low - 2 * atr else Double.NaN;
plot SS1 = if s1 then high + atr else Double.NaN;
plot SS2 = if s2 then high + 1.5 * atr else Double.NaN;
plot SS3 = if s3 then high + 2 * atr else Double.NaN;
LS1.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
LS1.SetDefaultColor(Color.GREEN);
LS1.SetLineWeight(1);
LS1.Hide();
LS2.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
LS2.SetDefaultColor(Color.GREEN);
LS2.SetLineWeight(1);
LS2.Hide();
LS3.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
LS3.SetDefaultColor(Color.GREEN);
LS3.SetLineWeight(1);
LS3.Hide();
SS1.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
SS1.SetDefaultColor(Color.RED);
SS1.SetLineWeight(1);
SS1.Hide();
SS2.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
SS2.SetDefaultColor(Color.RED);
SS2.SetLineWeight(1);
SS2.Hide();
SS3.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
SS3.SetDefaultColor(Color.RED);
SS3.SetLineWeight(1);
SS3.Hide();
Alert(l1, "Price crossed below Fib1 level in long trend", Alert.BAR, Sound.Bell);
#Alert(l2, "Price crossed below Fib2 level in long trend", Alert.BAR, Sound.Bell);
#Alert(l3, "Price crossed below Fib3 level in long trend", Alert.BAR, Sound.Bell);
Alert(s1, "Price crossed above Fib1 level in short trend", Alert.BAR, Sound.Bell);
#Alert(s2, "Price crossed above Fib2 level in short trend", Alert.BAR, Sound.Bell);
#Alert(s3, "Price crossed above Fib3 level in short trend", Alert.BAR, Sound.Bell);
#AddOrder(OrderType.BUY_TO_OPEN, condition = l3, price = open, 1, tickColor = GetColor(1), arrowColor = GetColor(1), name #= "BTO");
AddOrder(OrderType.BUY_TO_OPEN, condition = l3, close[0], 1, tickColor = GetColor(1), arrowColor = GetColor(1), name = "BTO");
#AddOrder(OrderType.BUY_TO_OPEN, price crosses below f3, tickcolor = GetColor(1), arrowcolor = GetColor(1), name = "BTO");
#AddOrder(OrderType.SELL_TO_CLOSE, close > EntryPrice() - 40);
#AddOrder(OrderType.SELL_TO_OPEN, condition = s3, price = open, 1, tickColor = GetColor(2), arrowColor = GetColor(2), name #= "STO");
#AddOrder(OrderType.SELL_TO_OPEN, condition = s3, 1, tickColor = GetColor(2), arrowColor = GetColor(2), name = "STO");
so is there a way to set up a scan that can alert you when the price hits the 61.8 fib level?Created by RyanHendricks.
thinkScript Code
Rich (BB code):#hint Price: Price used in the alerts on crossing retracement lines. <b>(Default is Close)</b> #hint onExpansion: Determines if the retracement lines are projected past the current bar into the right side expansion <b>(Default is Yes)</b> #hint Extend_to_left: Determines if the retracement lines are extended to the left side of the chart. <b>(Default is No)</b> #hint Coefficient0: Retracement Line 0: Retracement from the highest high to the lowest low.<b>(Default is 0%)</b> #hint Coefficient_1: Retracement Line 1: Retracement from the highest high to the lowest low.<b>(Default is 23.6%)</b> #hint Coefficient_2: Retracement Line 2: Retracement from the highest high to the lowest low.<b>(Default is 38.2%)</b> #hint Coefficient_3: Retracement Line 3: Retracement from the highest high to the lowest low.<b>(Default is 50%)</b> #hint Coefficient_4: Retracement Line 4: Retracement from the highest high to the lowest low.<b>(Default is 61.8%)</b> #hint Coefficient_5: Retracement Line 5: Retracement from the highest high to the lowest low.<b>(Default is 78.6%)</b> #hint Coefficient_6: Retracement Line 6: Retracement from the highest high to the lowest low.<b>(Default is 100%)</b> #wizard input: Price #wizard text: Inputs: Price: #wizard input: onExpansion #wizard text: onExpansion: #wizard input: Extend_to_left #wizard text: Extend_to_left: #wizard input: Coefficient0 #wizard text: Coefficient0: #wizard input: Coefficient_1 #wizard text: Coefficient_1: #wizard input: Coefficient_2 #wizard text: Coefficient_2: #wizard input: Coefficient_3 #wizard text: Coefficient_3: #wizard input: Coefficient_4 #wizard text: Coefficient_4: #wizard input: Coefficient_5 #wizard text: Coefficient_5: #wizard input: Coefficient_6 #wizard text: Coefficient_6: input price = close; input high = high; input low = low; input onExpansion = Yes; input Extend_to_left = no; input Coefficient0 = 0.000; input coefficient_1 = .236; input Coefficient_2 = .382; input Coefficient_3 = .500; input Coefficient_4 = .618; Input Coefficient_5 = .786; input Coefficient_6 = 1.000; def a = HighestAll(high); def b = LowestAll(low); def barnumber = barNumber(); def c = if high == a then barnumber else double.nan; def d = if low == b then barnumber else double.nan; rec highnumber = compoundValue(1, if IsNaN(c) then highnumber[1] else c, c); def highnumberall = HighestAll(highnumber); rec lownumber = compoundValue(1, if IsNaN(d) then lownumber[1] else d, d); def lownumberall = LowestAll(lownumber); def upward = highnumberall > lownumberall; def downward = highnumberall < lownumberall; def x = AbsValue(lownumberall - highnumberall ); def slope = (a - b) / x; def slopelow = (b - a) / x; def day = getDay(); def month = getMonth(); def year = getYear(); def lastDay = getLastDay(); def lastmonth = getLastMonth(); def lastyear = getLastYear(); def isToday = if(day == lastDay and month == lastmonth and year == lastyear, 1, 0); def istodaybarnumber = HighestAll(if isToday then barnumber else double.nan); def line = b + (slope * (barnumber - lownumber)); def linelow = a + (slopelow * (barnumber - highnumber)); def currentlinelow = if barnumber <= lownumberall then linelow else double.nan; def currentline = if barnumber <= highnumberall then line else double.nan; Plot FibFan = if downward then currentlinelow else if upward then currentline else double.nan; FibFan.SetStyle(Curve.SHORT_DASH); FibFan.AssignValueColor(color.red); fibfan.hidebubble(); def range = a - b; Plot Retracement0 = if downward and !onexpansion and !extend_to_left and barnumber >= highnumberall and barnumber <= istodaybarnumber then highestall((b + (range * coefficient0))) else if upward and !extend_to_left and !onexpansion and barnumber >= lownumberall and barnumber <= istodaybarnumber then highestall(a - (range * coefficient0)) else if downward and onexpansion and !extend_to_left and barnumber >= highnumberall then highestall((b + (range * coefficient0))) else if upward and onexpansion and barnumber >= lownumberall and !extend_to_left then highestall(a - (range * coefficient0)) else if downward and !onexpansion and extend_to_left and barnumber <= istodaybarnumber then highestall((b + (range * coefficient0))) else if upward and extend_to_left and !onexpansion and barnumber <= istodaybarnumber then highestall(a - (range * coefficient0)) else if downward and onexpansion and extend_to_left then highestall((b + (range * coefficient0))) else if upward and onexpansion and extend_to_left then highestall(a - (range * coefficient0)) else double.nan; Retracement0.assignvaluecolor(color.red); retracement0.hidebubble(); #AddChartBubble((barnumber == istodaybarnumber +10), retracement0, concat( "$", round(retracement0, 2)), color.red, yes); AddChartBubble((downward and barnumber == highnumberall), retracement0, concat( (coefficient0 * 100), "%"), color.red, yes); AddChartBubble((upward and barnumber == lownumberall), retracement0, concat( (coefficient0 * 100), "%"), color.red, yes); Plot Retracement1 = if downward and !onexpansion and !extend_to_left and barnumber >= highnumberall and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_1))) else if upward and !extend_to_left and !onexpansion and barnumber >= lownumberall and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_1)) else if downward and onexpansion and !extend_to_left and barnumber >= highnumberall then highestall((b + (range * coefficient_1))) else if upward and onexpansion and barnumber >= lownumberall and !extend_to_left then highestall(a - (range * coefficient_1)) else if downward and !onexpansion and extend_to_left and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_1))) else if upward and extend_to_left and !onexpansion and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_1)) else if downward and onexpansion and extend_to_left then highestall((b + (range * coefficient_1))) else if upward and onexpansion and extend_to_left then highestall(a - (range * coefficient_1)) else double.nan; Retracement1.assignvaluecolor(color.red); retracement1.hidebubble(); #AddChartBubble((barnumber == istodaybarnumber+10), retracement1, concat( "$", round(retracement1, 2)), color.red, yes); AddChartBubble((downward and barnumber == highnumberall), retracement1, concat( (coefficient_1 * 100), "%"), color.red, yes); AddChartBubble((upward and barnumber == lownumberall), retracement1, concat( (coefficient_1 * 100), "%"), color.red, yes); Plot Retracement2 =if downward and !onexpansion and !extend_to_left and barnumber >= highnumberall and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_2))) else if upward and !extend_to_left and !onexpansion and barnumber >= lownumberall and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_2)) else if downward and onexpansion and !extend_to_left and barnumber >= highnumberall then highestall((b + (range * coefficient_2))) else if upward and onexpansion and barnumber >= lownumberall and !extend_to_left then highestall(a - (range * coefficient_2)) else if downward and !onexpansion and extend_to_left and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_2))) else if upward and extend_to_left and !onexpansion and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_2)) else if downward and onexpansion and extend_to_left then highestall((b + (range * coefficient_2))) else if upward and onexpansion and extend_to_left then highestall(a - (range * coefficient_2)) else double.nan; Retracement2.assignvaluecolor(color.red); retracement2.hidebubble(); #AddChartBubble((barnumber == istodaybarnumber+10), retracement2, concat( "$", round(retracement2, 2)), color.red, yes); AddChartBubble((downward and barnumber == highnumberall), retracement2, concat( (coefficient_2 * 100), "%"), color.red, yes); AddChartBubble((upward and barnumber == lownumberall), retracement2, concat( (coefficient_2 * 100), "%"), color.red, yes); Plot Retracement3 = if downward and !onexpansion and !extend_to_left and barnumber >= highnumberall and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_3))) else if upward and !extend_to_left and !onexpansion and barnumber >= lownumberall and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_3)) else if downward and onexpansion and !extend_to_left and barnumber >= highnumberall then highestall((b + (range * coefficient_3))) else if upward and onexpansion and barnumber >= lownumberall and !extend_to_left then highestall(a - (range * coefficient_3)) else if downward and !onexpansion and extend_to_left and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_3))) else if upward and extend_to_left and !onexpansion and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_3)) else if downward and onexpansion and extend_to_left then highestall((b + (range * coefficient_3))) else if upward and onexpansion and extend_to_left then highestall(a - (range * coefficient_3)) else double.nan; Retracement3.assignvaluecolor(color.red); retracement3.hidebubble(); #AddChartBubble((barnumber == istodaybarnumber+10), retracement3, concat( "$", round(retracement3, 2)), color.red, yes); AddChartBubble((upward and barnumber == lownumberall), retracement3, concat( (coefficient_3 * 100), "%"), color.red, yes); AddChartBubble((downward and barnumber == highnumberall), retracement3, concat( (coefficient_3 * 100), "%"), color.red, yes); AddChartBubble((upward and barnumber == lownumberall), retracement3, concat( (coefficient_3 * 100), "%"), color.red, yes); Plot Retracement4 = if downward and !onexpansion and !extend_to_left and barnumber >= highnumberall and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_4))) else if upward and !extend_to_left and !onexpansion and barnumber >= lownumberall and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_4)) else if downward and onexpansion and !extend_to_left and barnumber >= highnumberall then highestall((b + (range * coefficient_4))) else if upward and onexpansion and barnumber >= lownumberall and !extend_to_left then highestall(a - (range * coefficient_4)) else if downward and !onexpansion and extend_to_left and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_4))) else if upward and extend_to_left and !onexpansion and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_4)) else if downward and onexpansion and extend_to_left then highestall((b + (range * coefficient_4))) else if upward and onexpansion and extend_to_left then highestall(a - (range * coefficient_4)) else double.nan; Retracement4.assignvaluecolor(color.red); retracement4.hidebubble(); #AddChartBubble((barnumber == istodaybarnumber+10), retracement4, concat( "$", round(retracement4, 2)), color.red, yes); AddChartBubble((downward and barnumber == highnumberall), retracement4, concat( (coefficient_4 * 100), "%"), color.red, yes); AddChartBubble((upward and barnumber == lownumberall), retracement4, concat( (coefficient_4 * 100), "%"), color.red, yes); Plot Retracement5 = if downward and !onexpansion and !extend_to_left and barnumber >= highnumberall and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_5))) else if upward and !extend_to_left and !onexpansion and barnumber >= lownumberall and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_5)) else if downward and onexpansion and !extend_to_left and barnumber >= highnumberall then highestall((b + (range * coefficient_5))) else if upward and onexpansion and barnumber >= lownumberall and !extend_to_left then highestall(a - (range * coefficient_5)) else if downward and !onexpansion and extend_to_left and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_5))) else if upward and extend_to_left and !onexpansion and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_5)) else if downward and onexpansion and extend_to_left then highestall((b + (range * coefficient_5))) else if upward and onexpansion and extend_to_left then highestall(a - (range * coefficient_5)) else double.nan; Retracement5.assignvaluecolor(color.red); retracement5.hidebubble(); #AddChartBubble((barnumber == istodaybarnumber+10), retracement5, concat( "$", round(retracement5, 2)), color.red, yes); AddChartBubble((downward and barnumber == highnumberall), retracement5, concat( (coefficient_5 * 100), "%"), color.red, yes); AddChartBubble((upward and barnumber == lownumberall), retracement5, concat( (coefficient_5 * 100), "%"), color.red, yes); Plot Retracement6 = if downward and !onexpansion and !extend_to_left and barnumber >= highnumberall and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_6))) else if upward and !extend_to_left and !onexpansion and barnumber >= lownumberall and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_6)) else if downward and onexpansion and !extend_to_left and barnumber >= highnumberall then highestall((b + (range * coefficient_6))) else if upward and onexpansion and barnumber >= lownumberall and !extend_to_left then highestall(a - (range * coefficient_6)) else if downward and !onexpansion and extend_to_left and barnumber <= istodaybarnumber then highestall((b + (range * coefficient_6))) else if upward and extend_to_left and !onexpansion and barnumber <= istodaybarnumber then highestall(a - (range * coefficient_6)) else if downward and onexpansion and extend_to_left then highestall((b + (range * coefficient_6))) else if upward and onexpansion and extend_to_left then highestall(a - (range * coefficient_6)) else double.nan; Retracement6.assignvaluecolor(color.red); retracement6.hidebubble(); #AddChartBubble((barnumber == istodaybarnumber+10), retracement6, concat( "$", round(retracement6, 2)), color.red, yes); AddChartBubble((downward and barnumber == highnumberall), retracement6, concat( (coefficient_6 * 100), "%"), color.red, yes); AddChartBubble((upward and barnumber == lownumberall), retracement6, concat( (coefficient_6 * 100), "%"), color.red, yes); alert((price crosses below Retracement0) , "Price crosses below Retracement Line 0"); alert((price crosses above Retracement0) , "Price crosses above Retracement Line 0"); alert((price crosses below Retracement1) , "Price crosses below Retracement Line 1"); alert((price crosses above Retracement1) , "Price crosses above Retracement Line 1"); alert((price crosses below Retracement2) , "Price crosses below Retracement Line 2"); alert((price crosses above Retracement2) , "Price crosses above Retracement Line 2"); alert((price crosses below Retracement3) , "Price crosses below Retracement Line 3"); alert((price crosses above Retracement3) , "Price crosses above Retracement Line 3"); alert((price crosses below Retracement4) , "Price crosses below Retracement Line 4"); alert((price crosses above Retracement4) , "Price crosses above Retracement Line 4"); alert((price crosses below Retracement5) , "Price crosses below Retracement Line 5"); alert((price crosses above Retracement5) , "Price crosses above Retracement Line 5"); alert((price crosses below Retracement6) , "Price crosses below Retracement Line 6"); alert((price crosses above Retracement6) , "Price crosses above Retracement Line 6");
Shareable Link
https://tos.mx/Fz8Ss0
Join useThinkScript to post your question to a community of 21,000+ developers and traders.
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.
