Create An Anti-Climax indicator?

HushPuppy

HushPuppy

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Good day everyone I'm looking to see if anyone can assist to have this indicator created in TOS. Below I've tried to provide the best description I've been able to put together and the samples for visual assistance. Any help is greatly appreciated and glad to be NEW addition to the useThinkscript team.

Indicator: "The Anti" (Anti-Climax) - Its a Linda Raschke indicator for exhaustion
( Removed and Please see below for actual proper Post )

Hush
 
Last edited:
Solution
S
Signal triggers on open of bar after trigger bar.
Assume Day time frame due to 2 day rule.
Haven't had time to error check.

Cfh42W6.png


Ruby: 
#BUY
Def BAnti1 = if (low[5]-low[4])>0 then (low[5]-low[4]) else 0;
Def BAnti2 = if (low[4]-low[3])>0 then (low[4]-low[3]) else 0;
Def BAnti3 = if (low[3]-low[2])>0 then (low[3]-low[2]) else 0;
Def BAnti4 = low[5] > low[4] and low[4] > low[3] and low[3] > low[2] and low[1] > low[2] and open[1] < close[1];
Def BAntiHigh = if BAnti1 < BAnti2 and BAnti2 < BAnti3 and BAnti4 then high[1]+ticksize() else double.nan;
Def BAntiLow = if BAnti1 < BAnti2 and BAnti2 < BAnti3 and BAnti4 then low[1]-ticksize() else double.nan;

def BAntiHighLine = if...
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HushPuppy said:
Good day everyone I'm looking to see if anyone can assist to have this indicator created in TOS. Below I've tried to provide the best description I've been able to put together and the samples for visual assistance. Any help is greatly appreciated and glad to be NEW addition to the useThinkscript team.

Indicator: "The Anti" (Anti-Climax) - Its a Linda Raschke indicator for exhaustion

Indicator definition:
- Bullish : 3 progressively lower low candles where the distance between lows of the bars (1st to 2nd to 3rd) is always increasing (accelerating).

- Bearish : 3 progressively higher high candles the distance between the highs of the bars (1st to 2nd to 3rd) always increasing (accelerating).

Indicator signal : Could it be a DOT just like example

Attached is how this indicator should look:

Any help would be greatly appreciated.

Thanks
Hush


@BenTen
Mr. Ben any suggestions on this above indicator?
Click to expand...

you are missing a lot of words in your write up. ( have more words in pics)
start over and write out all the rules for bullish.
bearish rules are optionable, can usually just reverse the bullish rules.

what defines a setup candle/price?
why is the bullish candle called a bullish candle?
within how many candles does the bullish candle have to appear after the 3 down candles? 1 , 5, 20?
within how many bars does a buy candle have to happen? 5?, 10? , 40?
after how many candles of no buy signal, do you give up and reset?

there was a wick that went above the bullish candle, so your statement saying none of them is wrong. rewrite to be what you mean. during the current candle, close can be the same as high (wick price levels) after that candle closes, open and close are different than high.

post a link that talk about this strategy
 
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halcyonguy said:
you are missing a lot of words in your write up. ( have more words in pics)
start over and write out all the rules for bullish.
bearish rules are optionable, can usually just reverse the bullish rules.

what defines a setup candle/price?
why is the bullish candle called a bullish candle?
within how many candles does the bullish candle have to appear after the 3 down candles? 1 , 5, 20?
within how many bars does a buy candle have to happen? 5?, 10? , 40?
after how many candles of no buy signal, do you give up and reset?

there was a wick that went above the bullish candle, so your statement saying none of them is wrong. rewrite to be what you mean. during the current candle, close can be the same as high (wick price levels) after that candle closes, open and close are different than high.

post a link that talk about this strategy
Click to expand...
Removed
 
Last edited:
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@halcyonguy

Halcyonguy good evening I've addressed all your requested questions (without drinking coffee this time) to see if I make better sense now and we can have this indicator created. = Hope So !!


"The Anti" (Anti-Climax) - Its a Linda Raschke indicator for exhaustion

Bullish Rules:
Bullish Pattern: Set of 3 candles where the distance between the lows of the candles red or green (body or wick) are accelerating/increasing is distance from each other. (Ex. Below)

1724300543413.png


Bearish rules are optionable, can usually just reverse the bullish rules.
Reverse the bullish rules

What defines a setup candle?
Bullish = 1st green candle with a higher low after the Anti-Climax push you buy 1tick above that 1st green candle (Ex. below) and place the stop 1tick below that green candle.

1724299791798.png


Why is the bullish candle called a bullish candle?
The candle must be green and have a higher low (body or wick) than the previous candle. The candle can have a higher high than the previous candle.

Within how many candles does the bullish candle have to appear after the 3 or more candles?
Good question, as long as there’s "acceleration" lower and the candles meet the criteria (Set of 3 candles where the distance on the lows of the candles are increasing red or green (body or wick) the pattern remains in play. There might be 3,4,5 + consecutive bars and then the trigger bar “Green higher low” appears. (Ex. See below of a powerful move that triggered multiple 3 candle Anti-Climax patterns)

1724300805878.png



Within how many bars does a buy candle have to happen?
After the trigger candle (1st green higher low candle) the trade entry should be triggered within 2 days. If it does not, the trade is invalidated.

post a link that talk about this strategy: This is a 4min video detailing the strategy:

I really appreciate you guys having a look at this and assist in coding this pattern.


Kind thanks
Hush
 

Attachments

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Svanoy said:
Just throwing some preliminary code together, something like this?
FU5IeZP.png
Click to expand...
@Svanoy

Thank you very much for your time and work !!

The prelim code looks good, just have the (green dot) only appear on the 3rd candle.

As well, the extra detail you added on the 1st green candle with the green line at the high and the red line at the low of the candle. Is fantastic.

Please let me know if you need any further clarification from me.

Cheers
Hush
 
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Signal triggers on open of bar after trigger bar.
Assume Day time frame due to 2 day rule.
Haven't had time to error check.

Cfh42W6.png


Ruby: 
#BUY
Def BAnti1 = if (low[5]-low[4])>0 then (low[5]-low[4]) else 0;
Def BAnti2 = if (low[4]-low[3])>0 then (low[4]-low[3]) else 0;
Def BAnti3 = if (low[3]-low[2])>0 then (low[3]-low[2]) else 0;
Def BAnti4 = low[5] > low[4] and low[4] > low[3] and low[3] > low[2] and low[1] > low[2] and open[1] < close[1];
Def BAntiHigh = if BAnti1 < BAnti2 and BAnti2 < BAnti3 and BAnti4 then high[1]+ticksize() else double.nan;
Def BAntiLow = if BAnti1 < BAnti2 and BAnti2 < BAnti3 and BAnti4 then low[1]-ticksize() else double.nan;

def BAntiHighLine = if !IsNaN(BAntiHigh[2]) then double.nan else if !IsNan(BAntiHigh) then BAntiHigh else BAntiHighLine[1];
def BAntiLowLine = if !IsNaN(BAntiLow[2]) then double.nan else if !IsNan(BAntiLow) then BAntiLow else BAntiLowLine[1];

plot BAntiHighPlot = BAntiHighLine;
BAntiHighPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
BAntiHighPlot.SetDefaultColor(color.LIGHT_GREEN);
BAntiHighPlot.SetLineWeight(1);

plot BAntiLowPlot = BAntiLowLine;
BAntiLowPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
BAntiLowPlot.SetDefaultColor(color.LIGHT_RED);
BAntiLowPlot.SetLineWeight(1);

Plot AntiHighSetup = if !IsNaN(BAntiHigh[-2]) then low - ((high - low)*.25) else double.nan;
AntiHighSetup.SetPaintingStrategy(PaintingStrategy.POINTS);
AntiHighSetup.SetDefaultColor(color.DARK_GREEN);
AntiHighSetup.SetLineWeight(5);


#SELL
Def SAnti1 = if (high[5]-high[4])<0 then (high[5]-high[4]) else 0;
Def SAnti2 = if (high[4]-high[3])<0 then (high[4]-high[3]) else 0;
Def SAnti3 = if (high[3]-high[2])<0 then (high[3]-high[2]) else 0;
Def SAnti4 = high[5] < high[4] and high[4] < high[3] and high[3] < high[2] and high[1] < high[2] and open[1] > close[1];
Def SAntiHigh = if SAnti1 > SAnti2 and SAnti2 > SAnti3 and SAnti4 then high[1]+ticksize() else double.nan;
Def SAntiLow = if SAnti1 > SAnti2 and SAnti2 > SAnti3 and SAnti4 then low[1]-ticksize() else double.nan;

def SAntiHighLine = if !IsNaN(SAntiHigh[2]) then double.nan else if !IsNan(SAntiHigh) then SAntiHigh else SAntiHighLine[1];
def SAntiLowLine = if !IsNaN(SAntiLow[2]) then double.nan else if !IsNan(SAntiLow) then SAntiLow else SAntiLowLine[1];

plot SAntiHighPlot = SAntiHighLine;
SAntiHighPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
SAntiHighPlot.SetDefaultColor(color.LIGHT_RED);
SAntiHighPlot.SetLineWeight(1);

plot SAntiLowPlot = SAntiLowLine;
SAntiLowPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
SAntiLowPlot.SetDefaultColor(color.LIGHT_GREEN);
SAntiLowPlot.SetLineWeight(1);

Plot SAntiHighSetup = if !IsNaN(SAntiHigh[-2]) then high + ((high - low)*.25) else double.nan;
SAntiHighSetup.SetPaintingStrategy(PaintingStrategy.POINTS);
SAntiHighSetup.SetDefaultColor(color.DARK_RED);
SAntiHighSetup.SetLineWeight(5);
 
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Solution
Svanoy said:
Signal triggers on open of bar after trigger bar.
Assume Day time frame due to 2 day rule.
Haven't had time to error check.

Cfh42W6.png


Ruby: 
#BUY
Def BAnti1 = if (low[5]-low[4])>0 then (low[5]-low[4]) else 0;
Def BAnti2 = if (low[4]-low[3])>0 then (low[4]-low[3]) else 0;
Def BAnti3 = if (low[3]-low[2])>0 then (low[3]-low[2]) else 0;
Def BAnti4 = low[5] > low[4] and low[4] > low[3] and low[3] > low[2] and low[1] > low[2] and open[1] < close[1];
Def BAntiHigh = if BAnti1 < BAnti2 and BAnti2 < BAnti3 and BAnti4 then high[1]+ticksize() else double.nan;
Def BAntiLow = if BAnti1 < BAnti2 and BAnti2 < BAnti3 and BAnti4 then low[1]-ticksize() else double.nan;

def BAntiHighLine = if !IsNaN(BAntiHigh[2]) then double.nan else if !IsNan(BAntiHigh) then BAntiHigh else BAntiHighLine[1];
def BAntiLowLine = if !IsNaN(BAntiLow[2]) then double.nan else if !IsNan(BAntiLow) then BAntiLow else BAntiLowLine[1];

plot BAntiHighPlot = BAntiHighLine;
BAntiHighPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
BAntiHighPlot.SetDefaultColor(color.LIGHT_GREEN);
BAntiHighPlot.SetLineWeight(1);

plot BAntiLowPlot = BAntiLowLine;
BAntiLowPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
BAntiLowPlot.SetDefaultColor(color.LIGHT_RED);
BAntiLowPlot.SetLineWeight(1);

Plot AntiHighSetup = if !IsNaN(BAntiHigh[-2]) then low - ((high - low)*.25) else double.nan;
AntiHighSetup.SetPaintingStrategy(PaintingStrategy.POINTS);
AntiHighSetup.SetDefaultColor(color.DARK_GREEN);
AntiHighSetup.SetLineWeight(5);


#SELL
Def SAnti1 = if (high[5]-high[4])<0 then (high[5]-high[4]) else 0;
Def SAnti2 = if (high[4]-high[3])<0 then (high[4]-high[3]) else 0;
Def SAnti3 = if (high[3]-high[2])<0 then (high[3]-high[2]) else 0;
Def SAnti4 = high[5] < high[4] and high[4] < high[3] and high[3] < high[2] and high[1] < high[2] and open[1] > close[1];
Def SAntiHigh = if SAnti1 > SAnti2 and SAnti2 > SAnti3 and SAnti4 then high[1]+ticksize() else double.nan;
Def SAntiLow = if SAnti1 > SAnti2 and SAnti2 > SAnti3 and SAnti4 then low[1]-ticksize() else double.nan;

def SAntiHighLine = if !IsNaN(SAntiHigh[2]) then double.nan else if !IsNan(SAntiHigh) then SAntiHigh else SAntiHighLine[1];
def SAntiLowLine = if !IsNaN(SAntiLow[2]) then double.nan else if !IsNan(SAntiLow) then SAntiLow else SAntiLowLine[1];

plot SAntiHighPlot = SAntiHighLine;
SAntiHighPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
SAntiHighPlot.SetDefaultColor(color.LIGHT_RED);
SAntiHighPlot.SetLineWeight(1);

plot SAntiLowPlot = SAntiLowLine;
SAntiLowPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
SAntiLowPlot.SetDefaultColor(color.LIGHT_GREEN);
SAntiLowPlot.SetLineWeight(1);

Plot SAntiHighSetup = if !IsNaN(SAntiHigh[-2]) then high + ((high - low)*.25) else double.nan;
SAntiHighSetup.SetPaintingStrategy(PaintingStrategy.POINTS);
SAntiHighSetup.SetDefaultColor(color.DARK_RED);
SAntiHighSetup.SetLineWeight(5);
Click to expand...
@Svanoy

Greatly appreciate your work and time. Will give it a test and confirm findings.

Cheers
Hush
 
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Svanoy said:
Signal triggers on open of bar after trigger bar.
Assume Day time frame due to 2 day rule.
Haven't had time to error check.

Cfh42W6.png


Ruby: 
#BUY
Def BAnti1 = if (low[5]-low[4])>0 then (low[5]-low[4]) else 0;
Def BAnti2 = if (low[4]-low[3])>0 then (low[4]-low[3]) else 0;
Def BAnti3 = if (low[3]-low[2])>0 then (low[3]-low[2]) else 0;
Def BAnti4 = low[5] > low[4] and low[4] > low[3] and low[3] > low[2] and low[1] > low[2] and open[1] < close[1];
Def BAntiHigh = if BAnti1 < BAnti2 and BAnti2 < BAnti3 and BAnti4 then high[1]+ticksize() else double.nan;
Def BAntiLow = if BAnti1 < BAnti2 and BAnti2 < BAnti3 and BAnti4 then low[1]-ticksize() else double.nan;

def BAntiHighLine = if !IsNaN(BAntiHigh[2]) then double.nan else if !IsNan(BAntiHigh) then BAntiHigh else BAntiHighLine[1];
def BAntiLowLine = if !IsNaN(BAntiLow[2]) then double.nan else if !IsNan(BAntiLow) then BAntiLow else BAntiLowLine[1];

plot BAntiHighPlot = BAntiHighLine;
BAntiHighPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
BAntiHighPlot.SetDefaultColor(color.LIGHT_GREEN);
BAntiHighPlot.SetLineWeight(1);

plot BAntiLowPlot = BAntiLowLine;
BAntiLowPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
BAntiLowPlot.SetDefaultColor(color.LIGHT_RED);
BAntiLowPlot.SetLineWeight(1);

Plot AntiHighSetup = if !IsNaN(BAntiHigh[-2]) then low - ((high - low)*.25) else double.nan;
AntiHighSetup.SetPaintingStrategy(PaintingStrategy.POINTS);
AntiHighSetup.SetDefaultColor(color.DARK_GREEN);
AntiHighSetup.SetLineWeight(5);


#SELL
Def SAnti1 = if (high[5]-high[4])<0 then (high[5]-high[4]) else 0;
Def SAnti2 = if (high[4]-high[3])<0 then (high[4]-high[3]) else 0;
Def SAnti3 = if (high[3]-high[2])<0 then (high[3]-high[2]) else 0;
Def SAnti4 = high[5] < high[4] and high[4] < high[3] and high[3] < high[2] and high[1] < high[2] and open[1] > close[1];
Def SAntiHigh = if SAnti1 > SAnti2 and SAnti2 > SAnti3 and SAnti4 then high[1]+ticksize() else double.nan;
Def SAntiLow = if SAnti1 > SAnti2 and SAnti2 > SAnti3 and SAnti4 then low[1]-ticksize() else double.nan;

def SAntiHighLine = if !IsNaN(SAntiHigh[2]) then double.nan else if !IsNan(SAntiHigh) then SAntiHigh else SAntiHighLine[1];
def SAntiLowLine = if !IsNaN(SAntiLow[2]) then double.nan else if !IsNan(SAntiLow) then SAntiLow else SAntiLowLine[1];

plot SAntiHighPlot = SAntiHighLine;
SAntiHighPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
SAntiHighPlot.SetDefaultColor(color.LIGHT_RED);
SAntiHighPlot.SetLineWeight(1);

plot SAntiLowPlot = SAntiLowLine;
SAntiLowPlot.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
SAntiLowPlot.SetDefaultColor(color.LIGHT_GREEN);
SAntiLowPlot.SetLineWeight(1);

Plot SAntiHighSetup = if !IsNaN(SAntiHigh[-2]) then high + ((high - low)*.25) else double.nan;
SAntiHighSetup.SetPaintingStrategy(PaintingStrategy.POINTS);
SAntiHighSetup.SetDefaultColor(color.DARK_RED);
SAntiHighSetup.SetLineWeight(5);
Click to expand...
@Svanoy

Tested the the script and it is working perfectly with different volatile instruments. Thank you very much for taking the time and creating this indictor for me and the community.

Cheers,
Hush
 
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