Breakout Explosion Indicator Question

D

dmillz

Member


Does anyone know how to transfer this to TOS? Looking for this awesome indicator where the stock consolidates then breaks out

Code:
//@version=3
study(title="Chop and explode", shorttitle="CAE")

src = close, len = input(14, minval=1, title="Length")
up = rma(max(change(src), 0), len)
down = rma(-min(change(src), 0), len)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))

plot(rsi, color=black)

change1 = rsi > 60 ? blue :na
change2= rsi < 40 ? purple: na

p1 = plot(rsi, style=linebr, linewidth=3, color=change1)
p2 = plot(rsi, style=linebr, linewidth=3, color=change2)


band1 = hline(70)
band2 = hline(30)
band3 = hline (60)
band4 = hline (40)
midline= hline (50)
band5=hline(55)
band6=hline(45)
fill(band1, band3, color=green, transp=90)
fill(band3, band4, color=yellow, transp=90)
fill(band4, band2, color=red, transp=90)
fill (band5,band6, color=black, transp=50)

cond1 = rsi > 60 and close[1] < rsi and close > 0 ? 1 : 0
barcolor(cond1 ? blue : na)

cond2 = rsi < 40 and close[1] < rsi and close > 0 ? 1 : 0
barcolor(cond2 ? purple : na)

cond3 = rsi > 55 and close[1] < rsi and close < 60 ? 1 : 0
barcolor(cond3 ? yellow : na)

cond4 = rsi > 45 and close[1] < rsi and close [1] < 55 ? 1 : 0
barcolor(cond4 ? black : na)

cond5 = rsi > 40 and close[1] < rsi and close [1] < 55 ? 1 : 0
barcolor(cond5 ? yellow : na)
 
BenTen

BenTen

Administrative
Staff
VIP
D

dmillz

Member
Yeah your right the consolidation box is the same as this tradeview indicator thanks
 

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