Count MoBo Band Bars Watchlist

C

clickchamps

New member
Can any assist me in writing a CustomScript to put in a watchlist that would count the number of bars the Mobo Band has turn Green or Red. Right now I can get a count if stays outside the bands but once it goes inside it goes to 0 and restarts when it goes outside in the direction of the trend, other it goes to count as expect on the breakout on the other side but reset to 0 on a visit back into the band.


Its a lot of extra code from a Mobo Study I found here
https://usethinkscript.com/threads/momentum-bollinger-band-channels-for-thinkorswim.5977/

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

#Momentum Bollinger band channel v1.0 by XeoNoX via usethinkscript.com
#Request 03-16-2021
#Based of Pensar's Keltner channel Momentum bands via usethinkscript.com
#which is based on FW-MOBO-Advanced https://tlc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/E-F/FW-MOBO-Advanced
#Inputs
input factor = 1;
input price = close;
input type = AverageType.simple;
input pricecolor = yes;
input fill = yes;
input arrows = yes;
input alerts = yes;
input sound = {default "Ding", "Bell", "Chimes", "NoSound", "Ring"};
input displace = 0;
input length = 13;
input Num_Dev_Dn = -.8;
input Num_Dev_up = .8;
input averageType = AverageType.simple;



def sDev = StDev(data = price[-displace], length = length);

#Variables
def nan = Double.NaN;
def shift = factor * MovingAverage(type, TrueRange(high, close, low), length);
plot avg = MovingAverage(averageType, data = price[-displace], length = length);
def line1 = avg + Num_Dev_Dn * sDev;
def line2 = avg + Num_Dev_up * sDev;
def Chg = If(close > line2, 1, If(close < line1, -1, 0));
def Hold = CompoundValue(1, If(Hold[1] == Chg or Chg == 0, Hold[1], If(Chg == 1, 1, -1)), 0);
def ArUp = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == 1 then line1 else nan;
def ArDn = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == -1 then line2 else nan;
def LBUp = if fill and Hold[0] == 1 then line2 else nan;
def UBUp = if fill and Hold[0] == 1 then line1 else nan;
def LBDn = if fill and Hold[0] == -1 then line2 else nan;
def UBDn = if fill and Hold[0] == -1 then line1 else nan;
def AlertUp = alerts and Hold[1] == 1 and (Hold[1] <> Hold[2]);
def AlertDn = alerts and Hold[1] == -1 and (Hold[1] <> Hold[2]);

#Colors
DefineGlobalColor("Cloud Up", Color.DARK_GREEN);
DefineGlobalColor("Cloud Dn", Color.DARK_RED);
DefineGlobalColor("Channel Up", Color.Dark_Gray);
DefineGlobalColor("Channel Down", Color.dark_gray);
DefineGlobalColor("Price Up", Color.GREEN);
DefineGlobalColor("Price Neutral", Color.GRAY);
DefineGlobalColor("Price Down", Color.RED);


#Clouds
AddCloud(LBUp, UBUp, GlobalColor("Cloud Up"), GlobalColor("Cloud Dn"));
AddCloud(LBDn, UBDn, GlobalColor("Cloud Dn"), GlobalColor("Cloud Up"));

#Price Color
AssignPriceColor(if pricecolor then if close > line2 and close > open then GlobalColor("Price Up")
else if close > line2 and close < open then color.dark_green
else if close < line1 and close < open then GlobalColor("Price Down")
else if Close < line1 and close > open then color.dark_RED
else if close > open then color.white
else GlobalColor ("Price Neutral")
else Color.CURRENT);

#Alerts
Alert(AlertUp, "BREAKOUT!", Alert.BAR, Sound);
Alert(AlertDn, "BREAKDOWN!", Alert.BAR, Sound);


def barUp = chg==1;
def barDown = chg==-1;
def barUpCount = CompoundValue(1, if barUp then barUpCount[1] + 1 else 0, 0);
def pBarUpCount = if barUpCount > 0 then barUpCount else nan;
def barDownCount = CompoundValue(1, if bardown then barDownCount[1] - 1 else 0, 0);
def pBarDownCount = if barDownCount < 0 then barDownCount else nan;

AddLabel(yes, (Round(barDownCount + barUpCount, 1)), if barUpCount > 1 then Color.GREEN else if barDownCount < -1 then Color.RED else color.blue);

#AssignBackgroundColor( if BarUp and barUpCount >= 2 then Color.dark_GRAY else if bardownCount #<= -2 then Color.plum else if BarUp and barUpCount < 2 then Color.dark_Green else if BarDown #and barDownCount > -2 then Color.Red else color.black);

AssignBackgroundColor( if Close < Line1 then Color.plum else if close > line1 and close < avg then color.magenta else if Close > Line2 then color.dark_green else if close < line2 and close > avg then color.lime else color.dark_gray)
 

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Solution
C
@halcyonguy

You did jarr something and I did get to count corrently, for the Barcount I changed the counting varable to Hold[0] == 1.

Thank you for your help! I could not have done it without you code.


#Momentum Bollinger band channel v1.0 by XeoNoX via usethinkscript.com
#Request 03-16-2021
#Based of Pensar's Keltner channel Momentum bands via usethinkscript.com
#which is based on FW-MOBO-Advanced https://tlc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/E-F/FW-MOBO-Advanced
#Inputs
input factor = 1;
input price = close;
input type = AverageType.simple;
input pricecolor = yes;
input fill = yes;
input arrows = yes;
input alerts =...
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clickchamps said:
Can any assist me in writing a CustomScript to put in a watchlist that would count the number of bars the Mobo Band has turn Green or Red. Right now I can get a count if stays outside the bands but once it goes inside it goes to 0 and restarts when it goes outside in the direction of the trend, other it goes to count as expect on the breakout on the other side but reset to 0 on a visit back into the band.


Its a lot of extra code from a Mobo Study I found here
https://usethinkscript.com/threads/momentum-bollinger-band-channels-for-thinkorswim.5977/

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

#Momentum Bollinger band channel v1.0 by XeoNoX via usethinkscript.com
#Request 03-16-2021
#Based of Pensar's Keltner channel Momentum bands via usethinkscript.com
#which is based on FW-MOBO-Advanced https://tlc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/E-F/FW-MOBO-Advanced
#Inputs
input factor = 1;
input price = close;
input type = AverageType.simple;
input pricecolor = yes;
input fill = yes;
input arrows = yes;
input alerts = yes;
input sound = {default "Ding", "Bell", "Chimes", "NoSound", "Ring"};
input displace = 0;
input length = 13;
input Num_Dev_Dn = -.8;
input Num_Dev_up = .8;
input averageType = AverageType.simple;



def sDev = StDev(data = price[-displace], length = length);

#Variables
def nan = Double.NaN;
def shift = factor * MovingAverage(type, TrueRange(high, close, low), length);
plot avg = MovingAverage(averageType, data = price[-displace], length = length);
def line1 = avg + Num_Dev_Dn * sDev;
def line2 = avg + Num_Dev_up * sDev;
def Chg = If(close > line2, 1, If(close < line1, -1, 0));
def Hold = CompoundValue(1, If(Hold[1] == Chg or Chg == 0, Hold[1], If(Chg == 1, 1, -1)), 0);
def ArUp = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == 1 then line1 else nan;
def ArDn = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == -1 then line2 else nan;
def LBUp = if fill and Hold[0] == 1 then line2 else nan;
def UBUp = if fill and Hold[0] == 1 then line1 else nan;
def LBDn = if fill and Hold[0] == -1 then line2 else nan;
def UBDn = if fill and Hold[0] == -1 then line1 else nan;
def AlertUp = alerts and Hold[1] == 1 and (Hold[1] <> Hold[2]);
def AlertDn = alerts and Hold[1] == -1 and (Hold[1] <> Hold[2]);

#Colors
DefineGlobalColor("Cloud Up", Color.DARK_GREEN);
DefineGlobalColor("Cloud Dn", Color.DARK_RED);
DefineGlobalColor("Channel Up", Color.Dark_Gray);
DefineGlobalColor("Channel Down", Color.dark_gray);
DefineGlobalColor("Price Up", Color.GREEN);
DefineGlobalColor("Price Neutral", Color.GRAY);
DefineGlobalColor("Price Down", Color.RED);


#Clouds
AddCloud(LBUp, UBUp, GlobalColor("Cloud Up"), GlobalColor("Cloud Dn"));
AddCloud(LBDn, UBDn, GlobalColor("Cloud Dn"), GlobalColor("Cloud Up"));

#Price Color
AssignPriceColor(if pricecolor then if close > line2 and close > open then GlobalColor("Price Up")
else if close > line2 and close < open then color.dark_green
else if close < line1 and close < open then GlobalColor("Price Down")
else if Close < line1 and close > open then color.dark_RED
else if close > open then color.white
else GlobalColor ("Price Neutral")
else Color.CURRENT);

#Alerts
Alert(AlertUp, "BREAKOUT!", Alert.BAR, Sound);
Alert(AlertDn, "BREAKDOWN!", Alert.BAR, Sound);


def barUp = chg==1;
def barDown = chg==-1;
def barUpCount = CompoundValue(1, if barUp then barUpCount[1] + 1 else 0, 0);
def pBarUpCount = if barUpCount > 0 then barUpCount else nan;
def barDownCount = CompoundValue(1, if bardown then barDownCount[1] - 1 else 0, 0);
def pBarDownCount = if barDownCount < 0 then barDownCount else nan;

AddLabel(yes, (Round(barDownCount + barUpCount, 1)), if barUpCount > 1 then Color.GREEN else if barDownCount < -1 then Color.RED else color.blue);

#AssignBackgroundColor( if BarUp and barUpCount >= 2 then Color.dark_GRAY else if bardownCount #<= -2 then Color.plum else if BarUp and barUpCount < 2 then Color.dark_Green else if BarDown #and barDownCount > -2 then Color.Red else color.black);

AssignBackgroundColor( if Close < Line1 then Color.plum else if close > line1 and close < avg then color.magenta else if Close > Line2 then color.dark_green else if close < line2 and close > avg then color.lime else color.dark_gray)
Click to expand...


i made this upper study first, for testing.
i started with the code in post #1.

then modified it to be the 2nd study, a watchlist study.

test code
upper study

Code: 
#count_mobo_colored_band_bars_0

#https://usethinkscript.com/threads/count-mobo-band-bars-watchlist.16855/
#Count MoBo Band Bars Watchlist
#clickchamps  10/4

#Can any assist me in writing a CustomScript to put in a watchlist that would count the number of bars the Mobo Band has turn Green or Red. Right now I can get a count if stays outside the bands but once it goes inside it goes to 0 and restarts when it goes outside in the direction of the trend, other it goes to count as expect on the breakout on the other side but reset to 0 on a visit back into the band.


#Its a lot of extra code from a Mobo Study I found here
#https://usethinkscript.com/threads/momentum-bollinger-band-channels-for-thinkorswim.5977/

#---------------------------------------------------------------------------------------

#Momentum Bollinger band channel v1.0 by XeoNoX via usethinkscript.com
#Request 03-16-2021
#Based of Pensar's Keltner channel Momentum bands via usethinkscript.com
#which is based on FW-MOBO-Advanced https://tlc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/E-F/FW-MOBO-Advanced
#Inputs
input factor = 1;
input price = close;
input type = AverageType.simple;
input pricecolor = yes;
input fill = yes;
input arrows = yes;
input alerts = yes;
input sound = {default "Ding", "Bell", "Chimes", "NoSound", "Ring"};
input displace = 0;
input length = 13;
input Num_Dev_Dn = -.8;
input Num_Dev_up = .8;
input averageType = AverageType.simple;

input color_background = no;



def sDev = StDev(data = price[-displace], length = length);

#Variables
def nan = Double.NaN;
def shift = factor * MovingAverage(type, TrueRange(high, close, low), length);
plot avg = MovingAverage(averageType, data = price[-displace], length = length);
def line1 = avg + Num_Dev_Dn * sDev;
def line2 = avg + Num_Dev_up * sDev;
def Chg = If(close > line2, 1, If(close < line1, -1, 0));
def Hold = CompoundValue(1, If(Hold[1] == Chg or Chg == 0, Hold[1], If(Chg == 1, 1, -1)), 0);
def ArUp = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == 1 then line1 else nan;
def ArDn = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == -1 then line2 else nan;
def LBUp = if fill and Hold[0] == 1 then line2 else nan;
def UBUp = if fill and Hold[0] == 1 then line1 else nan;
def LBDn = if fill and Hold[0] == -1 then line2 else nan;
def UBDn = if fill and Hold[0] == -1 then line1 else nan;
def AlertUp = alerts and Hold[1] == 1 and (Hold[1] <> Hold[2]);
def AlertDn = alerts and Hold[1] == -1 and (Hold[1] <> Hold[2]);

#Colors
DefineGlobalColor("Cloud Up", Color.DARK_GREEN);
DefineGlobalColor("Cloud Dn", Color.DARK_RED);
DefineGlobalColor("Channel Up", Color.Dark_Gray);
DefineGlobalColor("Channel Down", Color.dark_gray);
DefineGlobalColor("Price Up", Color.GREEN);
DefineGlobalColor("Price Neutral", Color.GRAY);
DefineGlobalColor("Price Down", Color.RED);


#Clouds
AddCloud(LBUp, UBUp, GlobalColor("Cloud Up"), GlobalColor("Cloud Dn"));
AddCloud(LBDn, UBDn, GlobalColor("Cloud Dn"), GlobalColor("Cloud Up"));

#Price Color
AssignPriceColor(if pricecolor then if close > line2 and close > open then GlobalColor("Price Up")
else if close > line2 and close < open then color.dark_green
else if close < line1 and close < open then GlobalColor("Price Down")
else if Close < line1 and close > open then color.dark_RED
else if close > open then color.white
else GlobalColor ("Price Neutral")
else Color.CURRENT);

#Alerts
Alert(AlertUp, "BREAKOUT!", Alert.BAR, Sound);
Alert(AlertDn, "BREAKDOWN!", Alert.BAR, Sound);


def barUp = chg == 1;
def barDown = chg == -1;
def barUpCount = CompoundValue(1, if barUp then barUpCount[1] + 1 else 0, 0);
def pBarUpCount = if barUpCount > 0 then barUpCount else nan;
def barDownCount = CompoundValue(1, if bardown then barDownCount[1] - 1 else 0, 0);
def pBarDownCount = if barDownCount < 0 then barDownCount else nan;

AddLabel(yes, (Round(barDownCount + barUpCount, 1)), if barUpCount > 1 then Color.GREEN else if barDownCount < -1 then Color.RED else color.blue);

#AssignBackgroundColor( if BarUp and barUpCount >= 2 then Color.dark_GRAY else if bardownCount #<= -2 then Color.plum else if BarUp and barUpCount < 2 then Color.dark_Green else if BarDown #and barDownCount > -2 then Color.Red else color.black);

AssignBackgroundColor(if !color_background then color.current else
 if Close < Line1 then Color.plum else if close > line1 and close < avg then color.magenta else if Close > Line2 then color.dark_green else if close < line2 and close > avg then color.lime else color.dark_gray);


# count cloud color changes

#def na = double.nan;
#def bn = barnumber();

def grncnt = if isnan(lbup[1]) and !isnan(lbup) then grncnt[1] + 1
 else grncnt[1];


def redcnt = if isnan(lbdn[1]) and !isnan(lbdn) then redcnt[1] + 1
 else redcnt[1];

addlabel(1, "  ", color.black);
addlabel(1, grncnt + " green clouds", color.green);
addlabel(1, redcnt + " red clouds", color.red);


input test1 = no;
addchartbubble(test1, low*0.995,
lbup + "\n" +
lbdn + "\n" +
grncnt + " G\n" +
redcnt + " R"
, color.yellow, no);

#


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

modified the upper study to become this column study.


watchlist column study
zcnt_mobo
http://tos.mx/36HV3cQ
5min 5days


Code: 
# zcnt_mobo
#count_mobo_colored_band_bars_0

#https://usethinkscript.com/threads/count-mobo-band-bars-watchlist.16855/
#Count MoBo Band Bars Watchlist
#clickchamps  10/4

#Can any assist me in writing a CustomScript to put in a watchlist that would count the number of bars the Mobo Band has turn Green or Red. Right now I can get a count if stays outside the bands but once it goes inside it goes to 0 and restarts when it goes outside in the direction of the trend, other it goes to count as expect on the breakout on the other side but reset to 0 on a visit back into the band.


#Its a lot of extra code from a Mobo Study I found here
#https://usethinkscript.com/threads/momentum-bollinger-band-channels-for-thinkorswim.5977/

#---------------------------------------------------------------------------------------

#Momentum Bollinger band channel v1.0 by XeoNoX via usethinkscript.com
#Request 03-16-2021
#Based of Pensar's Keltner channel Momentum bands via usethinkscript.com
#which is based on FW-MOBO-Advanced https://tlc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/E-F/FW-MOBO-Advanced
#Inputs
input factor = 1;
input price = close;
input type = AverageType.simple;
input pricecolor = yes;
input fill = yes;
input arrows = yes;
input alerts = yes;
input sound = {default "Ding", "Bell", "Chimes", "NoSound", "Ring"};
input displace = 0;
input length = 13;
input Num_Dev_Dn = -.8;
input Num_Dev_up = .8;
input averageType = AverageType.simple;

input color_background = yes;



def sDev = StDev(data = price[-displace], length = length);

#Variables
def nan = Double.NaN;
def shift = factor * MovingAverage(type, TrueRange(high, close, low), length);

#plot avg = MovingAverage(averageType, data = price[-displace], length = length);
def avg = MovingAverage(averageType, data = price[-displace], length = length);

def line1 = avg + Num_Dev_Dn * sDev;
def line2 = avg + Num_Dev_up * sDev;
def Chg = If(close > line2, 1, If(close < line1, -1, 0));
def Hold = CompoundValue(1, If(Hold[1] == Chg or Chg == 0, Hold[1], If(Chg == 1, 1, -1)), 0);
def ArUp = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == 1 then line1 else nan;
def ArDn = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == -1 then line2 else nan;
def LBUp = if fill and Hold[0] == 1 then line2 else nan;
def UBUp = if fill and Hold[0] == 1 then line1 else nan;
def LBDn = if fill and Hold[0] == -1 then line2 else nan;
def UBDn = if fill and Hold[0] == -1 then line1 else nan;
def AlertUp = alerts and Hold[1] == 1 and (Hold[1] <> Hold[2]);
def AlertDn = alerts and Hold[1] == -1 and (Hold[1] <> Hold[2]);

#Colors
DefineGlobalColor("Cloud Up", Color.DARK_GREEN);
DefineGlobalColor("Cloud Dn", Color.DARK_RED);
DefineGlobalColor("Channel Up", Color.Dark_Gray);
DefineGlobalColor("Channel Down", Color.dark_gray);
DefineGlobalColor("Price Up", Color.GREEN);
DefineGlobalColor("Price Neutral", Color.GRAY);
DefineGlobalColor("Price Down", Color.RED);


#Clouds
#AddCloud(LBUp, UBUp, GlobalColor("Cloud Up"), GlobalColor("Cloud Dn"));
#AddCloud(LBDn, UBDn, GlobalColor("Cloud Dn"), GlobalColor("Cloud Up"));

#Price Color
#AssignPriceColor(if pricecolor then if close > line2 and close > open then GlobalColor("Price Up")
#else if close > line2 and close < open then color.dark_green
#else if close < line1 and close < open then GlobalColor("Price Down")
#else if Close < line1 and close > open then color.dark_RED
#else if close > open then color.white
#else GlobalColor ("Price Neutral")
#else Color.CURRENT);

#Alerts
#Alert(AlertUp, "BREAKOUT!", Alert.BAR, Sound);
#Alert(AlertDn, "BREAKDOWN!", Alert.BAR, Sound);


def barUp = chg == 1;
def barDown = chg == -1;
def barUpCount = CompoundValue(1, if barUp then barUpCount[1] + 1 else 0, 0);
def pBarUpCount = if barUpCount > 0 then barUpCount else nan;
def barDownCount = CompoundValue(1, if bardown then barDownCount[1] - 1 else 0, 0);
def pBarDownCount = if barDownCount < 0 then barDownCount else nan;

#AddLabel(yes, (Round(barDownCount + barUpCount, 1)), if barUpCount > 1 then Color.GREEN else if barDownCount < -1 then Color.RED else color.blue);

#AssignBackgroundColor( if BarUp and barUpCount >= 2 then Color.dark_GRAY else if bardownCount #<= -2 then Color.plum else if BarUp and barUpCount < 2 then Color.dark_Green else if BarDown #and barDownCount > -2 then Color.Red else color.black);

AssignBackgroundColor(if !color_background then color.current else
 if Close < Line1 then Color.plum else if close > line1 and close < avg then color.magenta else if Close > Line2 then color.dark_green else if close < line2 and close > avg then color.lime else color.dark_gray);


# count cloud color changes

#def na = double.nan;
#def bn = barnumber();

def grncnt = if isnan(lbup[1]) and !isnan(lbup) then grncnt[1] + 1
 else grncnt[1];


def redcnt = if isnan(lbdn[1]) and !isnan(lbdn) then redcnt[1] + 1
 else redcnt[1];

#addlabel(1, "  ", color.black);
#addlabel(1, grncnt + " green clouds", color.green);
#addlabel(1, redcnt + " red clouds", color.red);
plot z1 = grncnt;
z1. setdefaultcolor(color.black);


input test1 = no;
addchartbubble(test1, low*0.995,
lbup + "\n" +
lbdn + "\n" +
grncnt + " G\n" +
redcnt + " R"
, color.yellow, no);
#
 
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@halcyonguy

You did jarr something and I did get to count corrently, for the Barcount I changed the counting varable to Hold[0] == 1.

Thank you for your help! I could not have done it without you code.


#Momentum Bollinger band channel v1.0 by XeoNoX via usethinkscript.com
#Request 03-16-2021
#Based of Pensar's Keltner channel Momentum bands via usethinkscript.com
#which is based on FW-MOBO-Advanced https://tlc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/E-F/FW-MOBO-Advanced
#Inputs
input factor = 1;
input price = close;
input type = AverageType.simple;
input pricecolor = yes;
input fill = yes;
input arrows = yes;
input alerts = yes;
input sound = {default "Ding", "Bell", "Chimes", "NoSound", "Ring"};
input displace = 0;
input length = 13;
input Num_Dev_Dn = -.8;
input Num_Dev_up = .8;
input averageType = AverageType.simple;



def sDev = StDev(data = price[-displace], length = length);

#Variables
def nan = Double.NaN;
def shift = factor * MovingAverage(type, TrueRange(high, close, low), length);
plot avg = MovingAverage(averageType, data = price[-displace], length = length);
def line1 = avg + Num_Dev_Dn * sDev;
def line2 = avg + Num_Dev_up * sDev;
def Chg = If(close > line2, 1, If(close < line1, -1, 0));
def Hold = CompoundValue(1, If(Hold[1] == Chg or Chg == 0, Hold[1], If(Chg == 1, 1, -1)), 0);
def ArUp = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == 1 then line1 else nan;
def ArDn = if !arrows or Hold[0] == Hold[1] then nan else if Hold[0] == -1 then line2 else nan;
def LBUp = if fill and Hold[0] == 1 then line2 else nan;
def UBUp = if fill and Hold[0] == 1 then line1 else nan;
def LBDn = if fill and Hold[0] == -1 then line2 else nan;
def UBDn = if fill and Hold[0] == -1 then line1 else nan;
def AlertUp = alerts and Hold[1] == 1 and (Hold[1] <> Hold[2]);
def AlertDn = alerts and Hold[1] == -1 and (Hold[1] <> Hold[2]);

#Colors
DefineGlobalColor("Cloud Up", Color.DARK_GREEN);
DefineGlobalColor("Cloud Dn", Color.DARK_RED);
DefineGlobalColor("Channel Up", Color.Dark_Gray);
DefineGlobalColor("Channel Down", Color.dark_gray);
DefineGlobalColor("Price Up", Color.GREEN);
DefineGlobalColor("Price Neutral", Color.GRAY);
DefineGlobalColor("Price Down", Color.RED);




#Plots
#plot UB = line1;
##UB.AssignValueColor(if Hold[0] == 1 then GlobalColor("Channel Up")
# else GlobalColor("Channel Down"));
#plot LB = line2;
#LB.SetLineWeight(1);
#LB.AssignValueColor(if Hold[0] == 1 then GlobalColor("Channel Up")
#else GlobalColor("Channel Down"));
#plot BOA = ArUp;
#(PaintingStrategy.ARROW_UP);
#BOA.SetDefaultColor(Color.GREEN);
#BOA.SetLineWeight(2);
#plot BDA = ArDn;
#BDA.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
#BDA.SetDefaultColor(Color.RED);
#BDA.SetLineWeight(2);

#Clouds
AddCloud(LBUp, UBUp, GlobalColor("Cloud Up"), GlobalColor("Cloud Dn"));
AddCloud(LBDn, UBDn, GlobalColor("Cloud Dn"), GlobalColor("Cloud Up"));

#Price Color
AssignPriceColor(if pricecolor then if close > line2 and close > open then GlobalColor("Price Up")
else if close > line2 and close < open then color.dark_green
else if close < line1 and close < open then GlobalColor("Price Down")
else if Close < line1 and close > open then color.dark_RED
else if close > open then color.white
else GlobalColor ("Price Neutral")
else Color.CURRENT);

#Alerts
Alert(AlertUp, "BREAKOUT!", Alert.BAR, Sound);
Alert(AlertDn, "BREAKDOWN!", Alert.BAR, Sound);


#Addlabel(yes, if AlertUp or Alertup[1] or alertup[2] or alertup[3] or alertup[4]or alertup[5] #or alertup[6] then "^" else if AlertDn or AlertDn[1] or AlertDn[2] or AlertDn[3] or AlertDn[4]
#or AlertDn[5] or AlertDn[6] then "v" else " ", color.black);

#Assignbackgroundcolor(if close > line2 then color.dark_green else if close < line1 then #color.dark_red else color.black);

#def nan = Double.NaN;
#def barUp = close > line2 or Close > line1 ;
#def barDown = close < line1 or close < line2 ;
def barUp = chg==1;
def barDown = chg==-1;
def barUpCount = CompoundValue(1, if hold[0] == 1 then barUpCount[1] + 1 else 0, 0);
def pBarUpCount = if barUpCount > 0 then barUpCount else nan;
def barDownCount = CompoundValue(1, if hold[0] == -1 then barDownCount[1] - 1 else 0, 0);
def pBarDownCount = if barDownCount < 0 then barDownCount else nan;

AddLabel(yes, (Round(barDownCount + barUpCount, 1)), if barUpCount > 1 then Color.GREEN else if barDownCount < -1 then Color.RED else color.blue);

#AssignBackgroundColor( if BarUp and barUpCount >= 2 then Color.dark_GRAY else if bardownCount #<= -2 then Color.plum else if BarUp and barUpCount < 2 then Color.dark_Green else if BarDown #and barDownCount > -2 then Color.Red else color.black);

AssignBackgroundColor( if Close < Line1 then Color.plum else if close > line1 and close < avg then color.magenta else if Close > Line2 then color.dark_green else if close < line2 and close > avg then color.lime else color.dark_gray);






# --- End code ---
 
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