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I have it saved as a watchlist that sends text alerts when the conditions are met
can you share this worksplace?Hi Gang,
I'm hoping someone can help me understand something that I know is extremely simple...but my brain will just not compute. Using Pelonsax's amazing and most recent Time_Frame_Continuity indicator, I can't seem to wrap my brain around something. Below is a screenshot of my setup. I have charts spanning Month all the way down to 5 minute and set everything up as per the video that was posted. Easy. No problem.
1 - My brain isn't able to make sense of each timeframe's green backgound continuity down the stack from largest timeframe (monthly) to smallest. I would expect that if the week and day are both showing timeframe continuity, the month should be too. Right? Maybe I have something configured wrong for the Month settings?
2 - Also, the blue or magenta lines on each individual chart indicates where the price action needs to get to in order to achieve full time frame continuity for only the time periods active on that chart, correct? Example; I have Month/Week/Day/Hour selected on a chart. If the blue line is $1 above the current price on an hourly chart, once price hits that blue line the chart will turn green since everything on the higher ranges are already green. Is this correct?
Anyway, thanks in advance for anyone's help on this.
BROO!!!!!! Hell yeah man!! I'll bet that's the problem everybody had been having with this script! Wow man, I'm so glad you caught that.
That is AWESOME! Thank you!
ive just spent 6 hours reading everything i can about this cuz of you sharing these. thank you so much!
#------------------------------------
#
# M T F S T R A T
# W A T C H L I S T
# a Study by Ramon DV. aka Pelonsax
#
#------------------------------------
#------------------------------------
# S T R A T R E V E R S A L S
#
# A study by Ramon DV. aka Pelonsax
#
# Version 1.0 8/01/20
#
# Version 2.0 8/4/20 Corrected errors in logic for scenarios
# Version 2.1 8/15/20 Added Reversals
#
#------------------------------------
plot O = open;
def H = high;
def L = low;
def C = close;
#------------------------------------
# DEFINE SCENARIOS
#------------------------------------
def insidebar = (H < H[1] and L > L[1]) or (H == H[1] and L > L[1]) or (H < H[1] and L == L[1]) or (H == H[1] and L == L[1]);
def outsidebar = H > H[1] and L < L[1];
def insidebarup = insidebar and O < C;
def twoup = H > H[1] and L >= L[1];
def outsidebarup = outsidebar and O < C;
def insidebardown = insidebar and O > C;
def twodown = H <= H[1] and L < L[1];
def outsidebardown = outsidebar and O > C;
#------------------------------------
# LABEL SECTION
#------------------------------------
AssignBackgroundColor(
if
twoup then Color.GREEN else if
twodown then Color.RED else if
outsidebarup then Color.DARK_GREEN else if
insidebarup then Color.LIGHT_GREEN else if
outsidebardown then Color.DARK_RED else if
insidebardown then Color.ORANGE else if
!insidebarup and
!insidebardown and
insidebar then Color.WHITE else if
!outsidebardown and
!outsidebarup and
outsidebar then Color.YELLOW else Color.CURRENT);
addlabel(yes, O, color.black);
Can you post a link to this scan?I was playing with this over the weekend and was able to set it up this way. Not sure if this is what you were looking for. Let me know if i can help.
very nice!Excellent work and thank you for all of this! I was playing with watch list columns and saw the 1st titled Strat FTC didn't match up so I basically combined the 2 to show color codes with price. This plots more to my thinking as I want FTFC across the board as the individual frames will take care of themselves. Anyway it works for my brain. It loaded 50-70 symbols pretty quick (weekend), S&P 100 it started bogging down.
Code:#------------------------------------ # # M T F S T R A T # W A T C H L I S T # a Study by Ramon DV. aka Pelonsax # #------------------------------------ #------------------------------------ # S T R A T R E V E R S A L S # # A study by Ramon DV. aka Pelonsax # # Version 1.0 8/01/20 # # Version 2.0 8/4/20 Corrected errors in logic for scenarios # Version 2.1 8/15/20 Added Reversals # #------------------------------------ plot O = open; def H = high; def L = low; def C = close; #------------------------------------ # DEFINE SCENARIOS #------------------------------------ def insidebar = (H < H[1] and L > L[1]) or (H == H[1] and L > L[1]) or (H < H[1] and L == L[1]) or (H == H[1] and L == L[1]); def outsidebar = H > H[1] and L < L[1]; def insidebarup = insidebar and O < C; def twoup = H > H[1] and L >= L[1]; def outsidebarup = outsidebar and O < C; def insidebardown = insidebar and O > C; def twodown = H <= H[1] and L < L[1]; def outsidebardown = outsidebar and O > C; #------------------------------------ # LABEL SECTION #------------------------------------ AssignBackgroundColor( if twoup then Color.GREEN else if twodown then Color.RED else if outsidebarup then Color.DARK_GREEN else if insidebarup then Color.LIGHT_GREEN else if outsidebardown then Color.DARK_RED else if insidebardown then Color.ORANGE else if !insidebarup and !insidebardown and insidebar then Color.WHITE else if !outsidebardown and !outsidebarup and outsidebar then Color.YELLOW else Color.CURRENT); addlabel(yes, O, color.black);
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