Could someone edit this code for Reversal candles?

Trigun1127

Member
I'm trying to get this code made by SleepyZ to draw an arrow when a red candles high (wick/tail) 2x,3x,4x bigger then its low at the minimum and the candle closing at a certain % near its low like 85%. Vice versa for green candles Close>Open with Low tail 2x bigger then the high and the candle closing at a certain percentage of the candle.

plot retracement_bull = if close > open and
close > low + (.50 * (high - low))
then 1 else 0;
retracement_bull.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
plot retracement_bear = if close < open and
close < high - (.50 * (high - low))
then 1 else 0;
retracement_bear.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);

##Testing Bull Code
input testing = yes;
plot retrace_bull = if close > open
then low + (.50 * (high - low))
else Double.NaN;
retrace_bull.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
retrace_bull.SetDefaultColor(Color.WHITE);
retrace_bull.SetLineWeight(3);
retrace_bull.SetHiding(!testing);



##Testing Bear Code
plot retrace_bear = if close < open
then high - (.50 * (high - low))
else Double.NaN;
retrace_bear.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
retrace_bear.SetDefaultColor(Color.WHITE);
retrace_bear.SetLineWeight(3);
retrace_bear.SetHiding(!testing);


;
 
Last edited:
Solution
Its working very well! Only 1 issue I'm seeing currently and an exception. I want the reversal candles only to be labeled with a down arrow if the candle is red and up when the candle is green. (I may have missed a couple in picture)
Below I highlighted Fridays chart for /MES on candles that weren't technically reversal candles. An exception I would like to add is not to draw an arrow at all if the candle is a Doji.

modified , per post5,
up arrows only on green candles, down arrows only on red cables


Code:
# reversal_candles_02

def na = double.nan;
input wick_ratio = 3.0;
input close_within_per = 15.0;

def isup = (open < close);
def isdwn = (open > close);

def bodytop = max(open, close);
def bodybot = min(open, close);

def...
I'm trying to get this code made by SleepyZ to draw an arrow when a red candles high (wick/tail) 2x,3x,4x bigger then its low at the minimum and the candle closing at a certain % near its low like 85%. Vice versa for green candles Close>Open with Low tail 2x bigger then the high and the candle closing at a certain percentage of the candle.

EDIT
i removed the multiplier for placing the arrows. on some stocks the arrows get drawn far from candles.


i ignored your code and followed your rules. see if this is what you want


Code:
def na = double.nan;
input wick_ratio = 3.0;
input close_within_per = 15.0;

def bodytop = max(open, close);
def bodybot = min(open, close);

def topwick2 = high - bodytop;
def botwick2 = bodybot - low;

def topwick = if topwick2 == 0 then 0.001 else topwick2;
def botwick = if botwick2 == 0 then 0.001 else botwick2;

def dwn = (topwick/botwick > wick_ratio) and ((100*(close - low)/low)< close_within_per);
def up = (botwick/topwick > wick_ratio) and ((100*(high - close)/high)< close_within_per);

plot zdwn = if dwn then high * 1.0 else na;
zdwn.SetPaintingStrategy(PaintingStrategy.ARROW_down);
zdwn.SetDefaultColor(Color.red);
zdwn.setlineweight(3);
zdwn.hidebubble();

plot zup = if up then low * 1.0 else na;
zup.SetPaintingStrategy(PaintingStrategy.ARROW_up);
zup.SetDefaultColor(Color.green);
zup.setlineweight(3);
zup.hidebubble();
 
Last edited:
Mine is doing this for some reason

in the future, describe what is happening and what you want changed. 'this' and a picture with several studies loaded, isn't always clear.

sorry about that. those multipliers worked for the priced stocks i looked at.
i edited my code, and removed the arrow offsets. try it again.
 
Last edited:
Its working very well! Only 1 issue I'm seeing currently and an exception. I want the reversal candles only to be labeled with a down arrow if the candle is red and up when the candle is green. (I may have missed a couple in picture)
Below I highlighted Fridays chart for /MES on candles that weren't technically reversal candles. An exception I would like to add is not to draw an arrow at all if the candle is a Doji.
 
Its working very well! Only 1 issue I'm seeing currently and an exception. I want the reversal candles only to be labeled with a down arrow if the candle is red and up when the candle is green. (I may have missed a couple in picture)
Below I highlighted Fridays chart for /MES on candles that weren't technically reversal candles. An exception I would like to add is not to draw an arrow at all if the candle is a Doji.

modified , per post5,
up arrows only on green candles, down arrows only on red cables


Code:
# reversal_candles_02

def na = double.nan;
input wick_ratio = 3.0;
input close_within_per = 15.0;

def isup = (open < close);
def isdwn = (open > close);

def bodytop = max(open, close);
def bodybot = min(open, close);

def topwick2 = high - bodytop;
def botwick2 = bodybot - low;

def topwick = if topwick2 == 0 then 0.001 else topwick2;
def botwick = if botwick2 == 0 then 0.001 else botwick2;

def dwn = isdwn and (topwick/botwick > wick_ratio) and ((100*(close - low)/low)< close_within_per);
def up = isup and (botwick/topwick > wick_ratio) and ((100*(high - close)/high)< close_within_per);

input vert_off = 0.002;
plot zdwn = if dwn then high * (1 + vert_off) else na;
zdwn.SetPaintingStrategy(PaintingStrategy.ARROW_down);
zdwn.SetDefaultColor(Color.red);
zdwn.setlineweight(3);
zdwn.hidebubble();

plot zup = if up then low * (1 - vert_off) else na;
zup.SetPaintingStrategy(PaintingStrategy.ARROW_up);
zup.SetDefaultColor(Color.green);
zup.setlineweight(3);
zup.hidebubble();
#
#
 
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