check it out below.
#/Bull Beear Power VOID Oscillator by @CoffeeShopCrypto
#//2022 Coded from my Kitchen and a bit from the Coffeeshop down the sreet.
#//This indicator is NOT complete. Its an ongoing project and it will only get better.
#//Alerts, and LONG SHORT indicators to come shortly
#indicator("Bull Bear Power Void", shorttitle="BBP-Void", overlay=false)
# Converted by Sam4Cok@Samer800 - 11/2022
declare lower;
input src = close;
input PowerLength = 50;
input maTypeInput = {"SMA", default "EMA", "RMA", "WMA", "VWMA", "LSMA"};
input BullMaLength = 21;
input BearMaLength = 21;
input macdSrc = close;
input fast_length = 12;
input slow_length = 26;
input signal_length = 9;
input macdMaType = {"SMA", default "EMA"};
input signalMaType = {"SMA", default "EMA"};
def na = Double.NaN;
#vwma(source, length)
script VWMA {
input x = close;
input y = 15;
def VWMA = SimpleMovingAvg(x * volume, y) / SimpleMovingAvg(volume, y);
plot result = VWMA;
}
#BullMA(source, length, type) =>
script MA {
input source = close;
;
input length = 21;
input type = "EMA";
def BullMA = if type == "EMA" then ExpAverage(source, length) else
if type == "SMA" then SimpleMovingAvg(source, length) else
if type == "WMA" then WMA(source, length) else
if type == "RMA" then WildersAverage(source, length) else
if type == "LSMA" then inertia(source, length) else
if type == "VWMA" then vwma(source, length) else Double.NaN;
plot return = BullMA;
}
#---- Colors.
DefineGlobalColor("ZeroLine" , CreateColor(204,91,31));
DefineGlobalColor("TopColUp" , Color.MAGENTA);
DefineGlobalColor("TopColDn" , Color.PLUM);
DefineGlobalColor("BotColUp" , Color.LIGHT_GREEN);
DefineGlobalColor("BotColDn" , Color.DARK_GREEN);
DefineGlobalColor("col_macd" , CreateColor(41,98,255));
DefineGlobalColor("col_signal" , CreateColor(255,109,0));
DefineGlobalColor("bull_up" , CreateColor(15,124,15));
DefineGlobalColor("bull_dn" , CreateColor(163,201,165));
DefineGlobalColor("bear_dn" , CreateColor(206,33,33));
DefineGlobalColor("bear_up" , CreateColor(223,179,184));
DefineGlobalColor("bull" , Color.GREEN);
DefineGlobalColor("bear" , Color.RED);
def h = high; def l = low; def c = close;
def bullPower = h - MA(c, PowerLength, maTypeInput);
def bearPower = l - MA(c, PowerLength,maTypeInput);
def power = bullPower + bearPower;
#//Moving Average Calculations inputs and plotting//
def Bullma = MA(bullPower - bearPower, BullMaLength, maTypeInput);
def Bearma = MA(bearPower - bullPower, BearMaLength, maTypeInput);
def histo = bullPower + bearPower;
plot ZeroLine = 0;
ZeroLine.SetDefaultColor(GlobalColor("ZeroLine"));
#// Calculating
def fastMA = MA(src, fast_length, macdMaType);
def slowMA = MA(src, slow_length, macdMaType);
def fast_ma = if macdMaType == macdMaType."SMA" then fastMA else fastMA * 10;
def slow_ma = if macdMaType == macdMaType."SMA" then slowMA else slowMA * 10;
def macd = fast_ma - slow_ma;
def signal = MA(macd, signal_length, signalMaType);
def hist = macd - signal;
#//Trend Colors to make MACD Crosses more visible
def maxLine = Bearma;
def minLine = Bullma;
def MACDBullish = macd > signal;
def color= if histo>=0 then
if histo[1] < histo then 2 else 1 else
if histo[1] < histo then -1 else -2;
def topLineValue = if MACDBullish then maxLine else maxLine;
def botLineValue = if MACDBullish then minLine else minLine;
#///End MACD Trend Colors
#//Lets Plot everything
#//Plotting the Bull Bear Columns
def Bull = Bullma;
def Bear = Bearma;
def macdplot = macd;
def signalplot = signal;
AddCloud(bull,0, GlobalColor("bull"));
AddCloud(0,bear, GlobalColor("bear"));
AddCloud(if macd>0 then na else signal, macd, GlobalColor("TopColUp"), GlobalColor("TopColDn"));
AddCloud(if macd<0 then na else macd, signal, GlobalColor("BotColUp"), GlobalColor("BotColDn"));#
plot BBPower = power;
BBPower.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
BBPower.AssignValueColor(if color==2 then GlobalColor("bull_up") else
if color==1 then GlobalColor("bull_dn") else
if color==-1 then GlobalColor("bear_up") else GlobalColor("bear_dn"));
#--- END Code#/Bull Beear Power VOID Oscillator by @CoffeeShopCrypto
#//2022 Coded from my Kitchen and a bit from the Coffeeshop down the sreet.
#//This indicator is NOT complete. Its an ongoing project and it will only get better.
#//Alerts, and LONG SHORT indicators to come shortly
#indicator("Bull Bear Power Void", shorttitle="BBP-Void", overlay=false)
# Converted by Sam4Cok@Samer800 - 11/2022
# updated the code & style Sam4Cok@Samer800 - 11/2022
declare lower;
input src = close;
input ColorBar = yes;
input SignalLine = yes;
input BullBearHistogram = yes;
input PowerLength = 50;
input macdType = {Default "MACD-TRADITIONAL", "MACD-AS (HISTOGRAM)", "MACD-LEADER", "MACD-SOURCE"}; #"MACD Calculation Method"
input maTypeInput = {"SMA", "EMA", "RMA", "WMA",default "VWMA", "LSMA"};
input BullBearMaType = {"SMA", default "EMA"};
input BullBearMaLength = 21;
input macdSrc = close;
input fast_length = 12;
input slow_length = 26;
input signal_length = 9;
input macdMaType = {"SMA", default "EMA"};
def na = Double.NaN;
def macdCalc = if macdType==macdType."MACD-TRADITIONAL" then 1 else
if macdType==macdType."MACD-AS (HISTOGRAM)" then 2 else
if macdType==macdType."MACD-LEADER" then 3 else 4;
#vwma(source, length)
script VWMA {
input x = close;
input y = 15;
def VWMA = SimpleMovingAvg(x * volume, y) / SimpleMovingAvg(volume, y);
plot result = VWMA;
}
#BullMA(source, length, type) =>
script MA {
input source = close;
;
input length = 21;
input type = "EMA";
def MA = if type == "EMA" then ExpAverage(source, length) else
if type == "SMA" then SimpleMovingAvg(source, length) else
if type == "WMA" then WMA(source, length) else
if type == "RMA" then WildersAverage(source, length) else
if type == "LSMA" then Inertia(source, length) else
if type == "VWMA" then vwma(source, length) else Double.NaN;
plot return = MA;
}
#---- Colors.
DefineGlobalColor("BotColUp", Color.MAGENTA);
DefineGlobalColor("TopColUp", Color.CYAN);
DefineGlobalColor("noColor", CreateColor(17,17,17));
DefineGlobalColor("bull_up" , CreateColor(18, 147, 18));
DefineGlobalColor("bull_dn" , CreateColor(163,201,165));
DefineGlobalColor("bear_dn" , CreateColor(206,33,33));
DefineGlobalColor("bear_up" , Color.PINK);
DefineGlobalColor("bull" , CreateColor(115,173,118));
DefineGlobalColor("bear" , CreateColor(208,143,150));
def h = high;
def l = low;
def c = close;
#//Moving Average Calculations inputs and plotting//
def bullPower = h - ma(c, PowerLength,BullBearMaType);
def bearPower = l - ma(c, PowerLength,BullBearMaType);
def Bullma = MA(bullPower - bearPower, BullBearMaLength, maTypeInput);
def Bearma = MA(bearPower - bullPower, BullBearMaLength, maTypeInput);
def power = bullPower + bearPower;
def histo = power;
def hist = if !BullBearHistogram then na else if histo>=0 then Bullma else Bearma;
#// MACD Attempt
def fastMA = MA(src, fast_length, macdMaType);
def slowMA = MA(src, slow_length, macdMaType);
def fast_ma = if macdMaType == macdMaType."SMA" then fastMA else fastMA * 10;
def slow_ma = if macdMaType == macdMaType."SMA" then slowMA else slowMA * 10;
def diff = fast_ma - slow_ma;
def macd1= if macdCalc==1 then diff else
if macdCalc==2 then diff - ma(diff, signal_length, macdMaType) else
if macdCalc==3 then diff + ma(src - fast_ma, fast_length, macdMaType) - ma(src - slow_ma, slow_length, macdMaType)
else ma(src - (fastMA+slowMA)/2, signal_length, macdMaType) * 10;
def signal1 = MA(macd1, signal_length, macdMaType);
def macd = macd1;
def signal = signal1;
#///Trend Colors to make MACD Crosses more visible
def maxLine = Bearma;
def minLine = Bullma;
def MACDBullish = macd > signal;
def topColor = if MACDBullish then 0 else 1;
def botColor = if MACDBullish then 1 else 0;
def topLineValue = if MACDBullish then maxLine else maxLine;
def botLineValue = if MACDBullish then minLine else minLine;
def color = if histo >= 0 then
if histo[1] < histo then 2 else 1 else
if histo[1] < histo then -1 else -2;
#///End MACD Trend Colors
#//Lets Plot everything
#//Plotting the Bull Bear Columns
plot ZeroLine = if isNaN(c) then na else 0;
ZeroLine.SetDefaultColor(Color.GRAY);
plot BBPower = histo;
BBPower.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBPower.AssignValueColor(if color == 2 then GlobalColor("bull_up") else
if color == 1 then GlobalColor("bull_dn") else
if color == -1 then GlobalColor("bear_up") else GlobalColor("bear_dn"));
BBPower.SetLineWeight(3);
plot bbLine = hist;
bbLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
bbLine.AssignValueColor(if bbLine>=0 then GlobalColor("bull") else GlobalColor("bear"));
#--- Cloud
addCloud(if BullBearHistogram then na else minLine, 0, GlobalColor("bull"));
addCloud(if BullBearHistogram then na else 0, maxLine, GlobalColor("bear"));
AddCloud(if topColor and botLineValue < signal then macd else signal,if topColor and botLineValue < signal then signal else macd , GlobalColor("BotColUp"), GlobalColor("noColor"));
AddCloud(if botColor and topLineValue > signal then signal else macd,if botColor and topLineValue > signal then macd else signal, GlobalColor("TopColUp"), GlobalColor("noColor"));
#--- Signal
def SellBar = if signal > macd and (signal<maxLine and macd<maxLine) and color<0 then SellBar[1] + 1 else 0;
def BuyBar = if signal < macd and (signal>minLine and macd>minLine) and color>0 then BuyBar[1] + 1 else 0;
def crossDn = if (macd < signal and signal > minLine and color < 2) then crossDn[1]+1 else 0;
def crossUp = if (macd > signal and signal < maxLine and color > -2) then crossUp[1]+1 else 0;
plot Bear = if !SignalLine then na else if crossDn==1 then 5 else na;
Bear.SetPaintingStrategy(PaintingStrategy.POINTS);
Bear.SetDefaultColor(Color.RED);
Bear.SetLineWeight(3);
plot bull = if !SignalLine then na else if crossUp==1 then 5 else na;
bull.SetPaintingStrategy(PaintingStrategy.POINTS);
bull.SetDefaultColor(Color.GREEN);
bull.SetLineWeight(3);
#---- price color
AssignPriceColor(if !ColorBar then color.CURRENT else
if SellBar==2 then color.MAGENTA else
if BuyBar==2 then Color.CYAN else
if color == 2 then GlobalColor("bull_up") else
if color == 1 then GlobalColor("bull_dn") else
if color == -1 then GlobalColor("bear_up") else GlobalColor("bear_dn"));
#--- END CODE#/Bull Beear Power VOID Oscillator by @CoffeeShopCrypto
#//2022 Coded from my Kitchen and a bit from the Coffeeshop down the sreet.
#//This indicator is NOT complete. Its an ongoing project and it will only get better.
#//Alerts, and LONG SHORT indicators to come shortly
#indicator("Bull Bear Power Void", shorttitle="BBP-Void", overlay=false)
# Converted by Sam4Cok@Samer800 - 11/2022
# updated the code & style Sam4Cok@Samer800 - 11/2022
# updated the signal line and added background Color - 12/2022
declare lower;
input src = close;
input ColorBar = yes;
input BackgroundColor = yes;
input SignalLine = yes;
input BullBearHistogram = yes;
input PowerLength = 50;
input macdType = {Default "MACD-TRADITIONAL", "MACD-AS (HISTOGRAM)", "MACD-LEADER", "MACD-SOURCE"}; #"MACD Calculation Method"
input maTypeInput = {"SMA", "EMA", "RMA", "WMA",default "VWMA", "LSMA"};
input BullBearMaType = {"SMA", default "EMA"};
input BullBearMaLength = 21;
input macdSrc = close;
input fast_length = 20;
input slow_length = 50;
input signal_length = 14;
input macdMaType = {"SMA", default "EMA"};
def na = Double.NaN;
def pos = Double.POSITIVE_INFINITY;
def neg = Double.NEGATIVE_INFINITY;
def macdCalc = if macdType==macdType."MACD-TRADITIONAL" then 1 else
if macdType==macdType."MACD-AS (HISTOGRAM)" then 2 else
if macdType==macdType."MACD-LEADER" then 3 else 4;
#vwma(source, length)
script VWMA {
input x = close;
input y = 21;
def VWMA = SimpleMovingAvg(x * volume, y) / SimpleMovingAvg(volume, y);
plot result = VWMA;
}
#BullMA(source, length, type) =>
script MA {
input source = close;
;
input length = 21;
input type = "EMA";
def MA = if type == "EMA" then ExpAverage(source, length) else
if type == "SMA" then SimpleMovingAvg(source, length) else
if type == "WMA" then WMA(source, length) else
if type == "RMA" then WildersAverage(source, length) else
if type == "LSMA" then Inertia(source, length) else
if type == "VWMA" then vwma(source, length) else Double.NaN;
plot return = MA;
}
#---- Colors.
DefineGlobalColor("BotColUp", Color.MAGENTA);
DefineGlobalColor("TopColUp", Color.CYAN);
DefineGlobalColor("noColor", CreateColor(17,17,17));
DefineGlobalColor("bull_up" , CreateColor(18, 147, 18));
DefineGlobalColor("bull_dn" , CreateColor(163,201,165));
DefineGlobalColor("bear_dn" , CreateColor(206,33,33));
DefineGlobalColor("bear_up" , Color.PINK);
DefineGlobalColor("bull" , CreateColor(115,173,118));
DefineGlobalColor("bear" , CreateColor(208,143,150));
def h = high;
def l = low;
def c = close;
#//Moving Average Calculations inputs and plotting//
def bullPower = h - ma(c, PowerLength,BullBearMaType);
def bearPower = l - ma(c, PowerLength,BullBearMaType);
def Bullma = MA(bullPower - bearPower, BullBearMaLength, maTypeInput);
def Bearma = MA(bearPower - bullPower, BullBearMaLength, maTypeInput);
def power = bullPower + bearPower;
def histo = power;
def hist = if !BullBearHistogram then na else if histo>=0 then Bullma else Bearma;
#// MACD Attempt
def fastMA = MA(src, fast_length, macdMaType);
def slowMA = MA(src, slow_length, macdMaType);
def fast_ma = if macdMaType == macdMaType."SMA" then fastMA else fastMA * 10;
def slow_ma = if macdMaType == macdMaType."SMA" then slowMA else slowMA * 10;
def diff = fast_ma - slow_ma;
def macd1= if macdCalc==1 then diff else
if macdCalc==2 then diff - ma(diff, signal_length, macdMaType) else
if macdCalc==3 then diff + ma(src - fast_ma, fast_length, macdMaType) - ma(src - slow_ma, slow_length, macdMaType)
else ma(src - (fastMA+slowMA)/2, signal_length, macdMaType) * 10;
def signal1 = MA(macd1, signal_length, macdMaType);
def macd = macd1;
def signal = signal1;
#///Trend Colors to make MACD Crosses more visible
def maxLine = Bearma;
def minLine = Bullma;
def MACDBullish = macd > signal;
def topColor = if MACDBullish then 0 else 1;
def botColor = if MACDBullish then 1 else 0;
def topLineValue = if MACDBullish then maxLine else maxLine;
def botLineValue = if MACDBullish then minLine else minLine;
def color = if histo >= 0 then
if histo[1] < histo then 2 else 1 else
if histo[1] < histo then -1 else -2;
#///End MACD Trend Colors
#//Lets Plot everything
#//Plotting the Bull Bear Columns
plot ZeroLine = if isNaN(c) then na else 0;
ZeroLine.SetDefaultColor(Color.GRAY);
plot BBPower = histo;
BBPower.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBPower.AssignValueColor(if color == 2 then GlobalColor("bull_up") else
if color == 1 then GlobalColor("bull_dn") else
if color == -1 then GlobalColor("bear_up") else GlobalColor("bear_dn"));
BBPower.SetLineWeight(3);
plot bbLine = hist;
bbLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
bbLine.AssignValueColor(if bbLine>=0 then GlobalColor("bull") else GlobalColor("bear"));
#--- Cloud
addCloud(if BullBearHistogram then na else minLine, 0, GlobalColor("bull"));
addCloud(if BullBearHistogram then na else 0, maxLine, GlobalColor("bear"));
AddCloud(if topColor and botLineValue < signal then macd else signal,if topColor and botLineValue < signal then signal else macd , GlobalColor("BotColUp"), GlobalColor("noColor"));
AddCloud(if botColor and topLineValue > signal then signal else macd,if botColor and topLineValue > signal then macd else signal, GlobalColor("TopColUp"), GlobalColor("noColor"));
#--- Signal
def SellBar = if signal > macd and (signal<maxLine and macd<maxLine) and color<0 then SellBar[1] + 1 else 0;
def BuyBar = if signal < macd and (signal>minLine and macd>minLine) and color>0 then BuyBar[1] + 1 else 0;
plot Bear = if !SignalLine then na else if SellBar==2 then 5 else na;
Bear.SetPaintingStrategy(PaintingStrategy.POINTS);
Bear.SetDefaultColor(Color.RED);
Bear.SetLineWeight(3);
plot bull = if !SignalLine then na else if BuyBar==2 then 5 else na;
bull.SetPaintingStrategy(PaintingStrategy.POINTS);
bull.SetDefaultColor(Color.GREEN);
bull.SetLineWeight(3);
#---- price color
AssignPriceColor(if !ColorBar then color.CURRENT else
if SellBar==2 then color.MAGENTA else
if BuyBar==2 then Color.CYAN else
if color == 2 then GlobalColor("bull_up") else
if color == 1 then GlobalColor("bull_dn") else
if color == -1 then GlobalColor("bear_up") else GlobalColor("bear_dn"));
#--- BackGround
def volumetrend = if macd > signal and signal >= 0 then 1 else
if macd < signal and signal <= 0 then -1 else 0;
AddCloud(if !BackgroundColor then na else if volumetrend>0 then pos else if volumetrend<0 then neg else na, if volumetrend>0 then neg else pos, Color.DARK_GREEN, Color.DARK_RED);
#--- END CODEthis changed the whole code. I just created this with multiple options for you.
# MACD Signal - as requested from useThinkscript.com member
# Created by Sam4Cok@Samer800 - 11/2022
declare Upper;
input src = close;
input Trendfreckles = yes;
input signalStyle = {Default Arrows, BarColor, Both, None};
input SignalBarConfirm = 1;
input macdType = {Default "MACD-TRADITIONAL", "MACD-AS (HISTOGRAM)", "MACD-LEADER", "MACD-SOURCE"}; #"MACD Calculation Method"
input macdMaType = {"SMA", default "EMA", "RMA", "WMA", "VWMA", "LSMA"};
input signalMaType = {"SMA", default "EMA", "RMA", "WMA", "VWMA", "LSMA"};
input fast_length = 12;
input slow_length = 26;
input signal_length = 9;
def na = Double.NaN;
def h = high;
def l = low;
def c = close;
def macdCalc = if macdType==macdType."MACD-TRADITIONAL" then 1 else
if macdType==macdType."MACD-AS (HISTOGRAM)" then 2 else
if macdType==macdType."MACD-LEADER" then 3 else 4;
def SigType = if signalStyle==signalStyle.Both then 2 else
if signalStyle==signalStyle.BarColor then 1 else
if signalStyle==signalStyle.Arrows then -1 else 0;
#vwma(source, length)
script VWMA {
input x = close;
input y = 15;
def VWMA = SimpleMovingAvg(x * volume, y) / SimpleMovingAvg(volume, y);
plot result = VWMA;
}
#BullMA(source, length, type) =>
script MA {
input source = close;
;
input length = 21;
input type = "EMA";
def BullMA = if type == "EMA" then ExpAverage(source, length) else
if type == "SMA" then SimpleMovingAvg(source, length) else
if type == "WMA" then WMA(source, length) else
if type == "RMA" then WildersAverage(source, length) else
if type == "LSMA" then Inertia(source, length) else
if type == "VWMA" then vwma(source, length) else Double.NaN;
plot return = BullMA;
}
#// Calculating
def fastMA = MA(src, fast_length, macdMaType);
def slowMA = MA(src, slow_length, macdMaType);
def diff = fastMA - slowMA;
def macd1= if macdCalc==1 then diff else
if macdCalc==2 then diff - ma(diff, signal_length, macdMaType) else
if macdCalc==3 then diff + ma(src - fastMA, fast_length, macdMaType) - ma(src - slowMA, slow_length, macdMaType)
else ma(src - (fastMA+slowMA)/2, signal_length, macdMaType);
def signal1 = MA(macd1, signal_length, signalMaType);
def macd = macd1;
def signal = signal1;
#--- Signal
def SellBar = if signal > macd and (signal>0 and macd>0) then SellBar[1] + 1 else 0;
def BuyBar = if signal < macd and (signal<0 and macd<0) then BuyBar[1] + 1 else 0;
def Sellfrac = if signal > macd and (signal<0 and macd<0) then Sellfrac[1] + 1 else 0;
def Buyfrac = if signal < macd and (signal>0 and macd>0) then Buyfrac[1] + 1 else 0;
plot Bearfreckles = if !Trendfreckles then na else if Sellfrac then h else na;
plot Bullfreckles = if !Trendfreckles then na else if Buyfrac then l else na;
Bearfreckles.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_UP);
Bullfreckles.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_DOWN);
Bearfreckles.SetDefaultColor(Color.MAGENTA);
Bullfreckles.SetDefaultColor(Color.CYAN);
plot ArrowUp = if SigType==1 or SigType==0 then na else if BuyBar==SignalBarConfirm then l else na;
plot ArrowDn = if SigType==1 or SigType==0 then na else if SellBar==SignalBarConfirm then h else na;
ArrowUp.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
ArrowDn.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
ArrowDn.SetDefaultColor(Color.MAGENTA);
ArrowUp.SetDefaultColor(Color.CYAN);
ArrowUp.SetLineWeight(2);
ArrowDn.SetLineWeight(2);
AssignPriceColor(if SigType<=0 then Color.CURRENT else if SellBar==SignalBarConfirm then color.MAGENTA else if BuyBar==SignalBarConfirm then Color.CYAN else Color.CURRENT);
#--- END Code@samer800 like always great job, i noticed the assignpricecolor option is not working, is not changes the candles color, do you think it is possible to add a input where we can select color bar? like you always add on your scrips. thank you very much
added as requested
#/Bull Beear Power VOID Oscillator by @CoffeeShopCrypto
#//2022 Coded from my Kitchen and a bit from the Coffeeshop down the sreet.
#//This indicator is NOT complete. Its an ongoing project and it will only get better.
#//Alerts, and LONG SHORT indicators to come shortly
#indicator("Bull Bear Power Void", shorttitle="BBP-Void", overlay=false)
# Converted by Sam4Cok@Samer800 - 11/2022
declare lower;
input src = close;
input ColorBar = yes;
input ShowMacdHistogram = yes;
input PowerLength = 50;
input macdType = {Default "MACD-TRADITIONAL", "MACD-AS (HISTOGRAM)", "MACD-LEADER", "MACD-SOURCE"}; #"MACD Calculation Method"
input maTypeInput = {"SMA", default "EMA", "RMA", "WMA", "VWMA", "LSMA"};
input BullMaLength = 21;
input BearMaLength = 21;
input macdSrc = close;
input fast_length = 12;
input slow_length = 26;
input signal_length = 9;
input macdMaType = {"SMA", default "EMA"};
input signalMaType = {"SMA", default "EMA"};
def na = Double.NaN;
def macdCalc = if macdType==macdType."MACD-TRADITIONAL" then 1 else
if macdType==macdType."MACD-AS (HISTOGRAM)" then 2 else
if macdType==macdType."MACD-LEADER" then 3 else 4;
#vwma(source, length)
script VWMA {
input x = close;
input y = 15;
def VWMA = SimpleMovingAvg(x * volume, y) / SimpleMovingAvg(volume, y);
plot result = VWMA;
}
#BullMA(source, length, type) =>
script MA {
input source = close;
;
input length = 21;
input type = "EMA";
def BullMA = if type == "EMA" then ExpAverage(source, length) else
if type == "SMA" then SimpleMovingAvg(source, length) else
if type == "WMA" then WMA(source, length) else
if type == "RMA" then WildersAverage(source, length) else
if type == "LSMA" then Inertia(source, length) else
if type == "VWMA" then vwma(source, length) else Double.NaN;
plot return = BullMA;
}
#---- Colors.
DefineGlobalColor("BotColUp" , Color.MAGENTA);
DefineGlobalColor("BotColDn" , CreateColor(43, 22, 40));
DefineGlobalColor("TopColUp" , Color.CYAN);
DefineGlobalColor("TopColDn" , CreateColor(1, 38, 43));
DefineGlobalColor("bull_up" , CreateColor(33,188,52));
DefineGlobalColor("bull_dn" , Color.LIGHT_GREEN);
DefineGlobalColor("bear_dn" , Color.RED);
DefineGlobalColor("bear_up" , Color.PINK);
DefineGlobalColor("bull" , Color.LIGHT_GREEN);
DefineGlobalColor("bear" , Color.PINK);
def h = high;
def l = low;
def c = close;
#//Moving Average Calculations inputs and plotting//
def bullPower = h - MA(c, PowerLength, maTypeInput);
def bearPower = l - MA(c, PowerLength, maTypeInput);
def power = bullPower + bearPower;
def powDiff = (bullPower - bearPower);
def histo = power;
def hist = if !ShowMacdHistogram then na else if histo>=0 then powDiff else -powDiff; #(macd - signal);
#// Calculating
def fastMA = MA(src, fast_length, macdMaType);
def slowMA = MA(src, slow_length, macdMaType);
def fast_ma = if macdMaType == macdMaType."SMA" then fastMA else fastMA * 10;
def slow_ma = if macdMaType == macdMaType."SMA" then slowMA else slowMA * 10;
def diff = fast_ma - slow_ma;
def macd1= if macdCalc==1 then diff else
if macdCalc==2 then diff - ma(diff, signal_length, macdMaType) else
if macdCalc==3 then diff + ma(src - fast_ma, fast_length, macdMaType) - ma(src - slow_ma, slow_length, macdMaType)
else ma(src - (fastMA+slowMA)/2, signal_length, macdMaType) * 10;
def signal1 = MA(macd1, signal_length, signalMaType);
def macd = macd1;
def signal = signal1;
#//Trend Colors to make MACD Crosses more visible
def color = if histo >= 0 then
if histo[1] < histo then 2 else 1 else
if histo[1] < histo then -1 else -2;
#///End MACD Trend Colors
#//Lets Plot everything
#//Plotting the Bull Bear Columns
plot ZeroLine = if isNaN(c) then na else 0;
ZeroLine.SetDefaultColor(Color.GRAY);
plot BBPower = histo;
BBPower.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBPower.AssignValueColor(if color == 2 then GlobalColor("bull_up") else
if color == 1 then GlobalColor("bull_dn") else
if color == -1 then GlobalColor("bear_up") else GlobalColor("bear_dn"));
BBPower.SetLineWeight(3);
plot bbLine = hist;
bbLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
bbLine.AssignValueColor(if bbLine>=0 then GlobalColor("bull") else GlobalColor("bear"));
#--- Cloud
AddCloud(if (signal > 0 or macd > 0) then na else signal, macd, GlobalColor("BotColUp"), GlobalColor("BotColDn"));
AddCloud(if (signal < 0 or macd < 0) then na else macd, signal, GlobalColor("TopColUp"), GlobalColor("TopColDn"));
AddCloud(if (signal > 0 or macd > 0 or signal < macd) then na else signal, macd, GlobalColor("BotColUp"));
AddCloud(if (signal < 0 or macd < 0 or signal > macd) then na else macd, signal, GlobalColor("TopColUp"));
AddCloud(if (signal > 0 or macd > 0 or signal < macd) then na else signal, macd, GlobalColor("BotColUp"));
AddCloud(if (signal < 0 or macd < 0 or signal > macd) then na else macd, signal, GlobalColor("TopColUp"));
#--- Signal
def SellBar = if signal > macd and (signal<-1 and macd<-1) and color<0 then SellBar[1] + 1 else 0;
def BuyBar = if signal < macd and (signal>1 and macd>1) and color>0 then BuyBar[1] + 1 else 0;
AssignPriceColor(if !ColorBar then color.CURRENT else
if SellBar==2 then color.MAGENTA else
if BuyBar==2 then Color.CYAN else
if color == 2 then GlobalColor("bull_up") else
if color == 1 then GlobalColor("bull_dn") else
if color == -1 then GlobalColor("bear_up") else GlobalColor("bear_dn"));
#--- END CODEHere is an Image 5 Minutes /ES, for the above Indicator. Please comment how you interpret arrows The V & inverted V & Cloud Colors.
Arrow for cloud crosses and wedges for the cloud color
updated. check the main post.
check below
#/Bull Beear Power VOID Oscillator by @CoffeeShopCrypto
#//2022 Coded from my Kitchen and a bit from the Coffeeshop down the sreet.
#//This indicator is NOT complete. Its an ongoing project and it will only get better.
#//Alerts, and LONG SHORT indicators to come shortly
#indicator("Bull Bear Power Void", shorttitle="BBP-Void", overlay=false)
# Converted by Sam4Cok@Samer800 - 11/2022
# updated the code & style Sam4Cok@Samer800 - 11/2022
# updated the signal line and added background Color - 12/2022
# update - MTF option - Sam4Cok@Samer800 - 09/2023
declare lower;
input useChartTimeframe = {default"Yes", "No"};
input manualTimeframe = AggregationPeriod.FIFTEEN_MIN;
input source = FundamentalType.CLOSE;
input ColorBar = yes;
input BackgroundColor = yes;
input SignalLine = yes;
input BullBearHistogram = yes;
input PowerLength = 50;
input macdType = {Default "MACD-TRADITIONAL", "MACD-AS (HISTOGRAM)", "MACD-LEADER", "MACD-SOURCE"}; #"MACD Calculation Method"
input maTypeInput = {"SMA", "EMA", "RMA", "WMA",default "VWMA", "LSMA"};
input BullBearMaType = {"SMA", default "EMA"};
input BullBearMaLength = 21;
input fast_length = 20;
input slow_length = 50;
input signal_length = 14;
input macdMaType = {"SMA", default "EMA"};
def na = Double.NaN;
def pos = Double.POSITIVE_INFINITY;
def neg = Double.NEGATIVE_INFINITY;
def macdCalc = if macdType==macdType."MACD-TRADITIONAL" then 1 else
if macdType==macdType."MACD-AS (HISTOGRAM)" then 2 else
if macdType==macdType."MACD-LEADER" then 3 else 4;
#-- MTF
def tf = manualTimeframe;
def HTSrc = Fundamental(source, Period = tf);
def HThi = Fundamental(FundamentalType.HIGH, Period = tf);
def HTLo = Fundamental(FundamentalType.LOW, Period = tf);
def HTCl = Fundamental(FundamentalType.CLOSE, Period = tf);
def HTVo = Fundamental(FundamentalType.VOLUME, Period = tf);
def c; def h; def l; def v;def src;
Switch (useChartTimeframe) {
case "Yes" :
src = Fundamental(source);
c = close;
h = high;
l = low;
v = volume;
case "No" :
src = HTSrc;
c = HTCl;
h = HThi;
l = HTLo;
v = HTVo;
}
#vwma(source, length)
script VWMA {
input x = close;
input y = 21;
input v = Volume;
def VWMA = Average(x * v, y) / Average(v, y);
plot result = VWMA;
}
#BullMA(source, length, type) =>
script MA {
input source = close;
input length = 21;
input type = "EMA";
input Vol = volume;
def MA = if type == "EMA" then ExpAverage(source, length) else
if type == "SMA" then Average(source, length) else
if type == "WMA" then WMA(source, length) else
if type == "RMA" then WildersAverage(source, length) else
if type == "LSMA" then Inertia(source, length) else
if type == "VWMA" then vwma(source, length, vol) else Double.NaN;
plot return = MA;
}
#---- Colors.
DefineGlobalColor("BotColUp", Color.MAGENTA);
DefineGlobalColor("TopColUp", Color.CYAN);
DefineGlobalColor("noColor", CreateColor(17,17,17));
DefineGlobalColor("bull_up" , CreateColor(18, 147, 18));
DefineGlobalColor("bull_dn" , CreateColor(163,201,165));
DefineGlobalColor("bear_dn" , CreateColor(206,33,33));
DefineGlobalColor("bear_up" , Color.PINK);
DefineGlobalColor("bull" , CreateColor(115,173,118));
DefineGlobalColor("bear" , CreateColor(208,143,150));
#//Moving Average Calculations inputs and plotting//
def bullPower = h - ma(c, PowerLength,BullBearMaType, v);
def bearPower = l - ma(c, PowerLength,BullBearMaType, v);
def Bullma = MA(bullPower - bearPower, BullBearMaLength, maTypeInput, v);
def Bearma = MA(bearPower - bullPower, BullBearMaLength, maTypeInput, v);
def power = bullPower + bearPower;
def histo = power;
def hist = if !BullBearHistogram then na else if histo>=0 then Bullma else Bearma;
#// MACD Attempt
def fastMA = MA(src, fast_length, macdMaType, v);
def slowMA = MA(src, slow_length, macdMaType, v);
def fast_ma = if macdMaType == macdMaType."SMA" then fastMA else fastMA * 10;
def slow_ma = if macdMaType == macdMaType."SMA" then slowMA else slowMA * 10;
def diff = fast_ma - slow_ma;
def macd1= if macdCalc==1 then diff else
if macdCalc==2 then diff - ma(diff, signal_length, macdMaType, v) else
if macdCalc==3 then diff + ma(src - fast_ma, fast_length, macdMaType, v) - ma(src - slow_ma, slow_length, macdMaType, v)
else ma(src - (fastMA+slowMA)/2, signal_length, macdMaType, v) * 10;
def signal1 = MA(macd1, signal_length, macdMaType);
def macd = macd1;
def signal = signal1;
#///Trend Colors to make MACD Crosses more visible
def maxLine = Bearma;
def minLine = Bullma;
def MACDBullish = macd > signal;
def topColor = if MACDBullish then 0 else 1;
def botColor = if MACDBullish then 1 else 0;
def topLineValue = if MACDBullish then maxLine else maxLine;
def botLineValue = if MACDBullish then minLine else minLine;
def color = if histo >= 0 then
if histo[1] < histo then 2 else 1 else
if histo[1] < histo then -1 else -2;
#///End MACD Trend Colors
#//Lets Plot everything
#//Plotting the Bull Bear Columns
plot ZeroLine = if isNaN(c) then na else 0;
ZeroLine.SetDefaultColor(Color.GRAY);
plot BBPower = histo;
BBPower.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBPower.AssignValueColor(if color == 2 then GlobalColor("bull_up") else
if color == 1 then GlobalColor("bull_dn") else
if color == -1 then GlobalColor("bear_up") else GlobalColor("bear_dn"));
BBPower.SetLineWeight(3);
plot bbLine = hist;
bbLine.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
bbLine.AssignValueColor(if bbLine>=0 then GlobalColor("bull") else GlobalColor("bear"));
#--- Cloud
addCloud(if BullBearHistogram then na else minLine, 0, GlobalColor("bull"));
addCloud(if BullBearHistogram then na else 0, maxLine, GlobalColor("bear"));
AddCloud(if topColor and botLineValue < signal then macd else signal,if topColor and botLineValue < signal then signal else macd , GlobalColor("BotColUp"), GlobalColor("noColor"));
AddCloud(if botColor and topLineValue > signal then signal else macd,if botColor and topLineValue > signal then macd else signal, GlobalColor("TopColUp"), GlobalColor("noColor"));
#--- Signal
def SellBar = if signal > macd and (signal<maxLine and macd<maxLine) and color<0 then SellBar[1] + 1 else 0;
def BuyBar = if signal < macd and (signal>minLine and macd>minLine) and color>0 then BuyBar[1] + 1 else 0;
plot Bear = if !SignalLine then na else if SellBar==2 then 5 else na;
Bear.SetPaintingStrategy(PaintingStrategy.POINTS);
Bear.SetDefaultColor(Color.RED);
Bear.SetLineWeight(3);
plot bull = if !SignalLine then na else if BuyBar==2 then 5 else na;
bull.SetPaintingStrategy(PaintingStrategy.POINTS);
bull.SetDefaultColor(Color.GREEN);
bull.SetLineWeight(3);
#---- price color
AssignPriceColor(if !ColorBar then color.CURRENT else
if SellBar==2 then color.MAGENTA else
if BuyBar==2 then Color.CYAN else
if color == 2 then GlobalColor("bull_up") else
if color == 1 then GlobalColor("bull_dn") else
if color == -1 then GlobalColor("bear_up") else GlobalColor("bear_dn"));
#--- BackGround
def volumetrend = if macd > signal and signal >= 0 then 1 else
if macd < signal and signal <= 0 then -1 else 0;
AddCloud(if !BackgroundColor then na else if volumetrend>0 then pos else if volumetrend<0 then neg else na, if volumetrend>0 then neg else pos, Color.DARK_GREEN, Color.DARK_RED);
#--- END CODE
Sure, go for it.
Hi, is there an alert for the Cyan or Magenta candle Please?
add the below at the end of the code:
input alerts = yes;
input alertType = Alert.BAR;
input alertSound = Sound.NoSound;
Alert(alerts and BuyBar == 2, "Buy Signal", alertType, alertSound);
Alert(alerts and SellBar == 2, "Sell Signal", alertType, alertSound);Join useThinkScript to post your question to a community of 21,000+ developers and traders.
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