In the settings page there is an option that says Use RedGreen and another that says Use TrendMagic. set it to yes on the first and no on the second to see the red/green color scheme, and no on both to make the candles gray (except for the reversals)
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He means like turning the color off the candle that you set with the candle example when there's a 2 UP, but the candle itself is red, on your setup it will show GREEN even though the candle ended red. Yours shows green because its a 2 UP. Same for 2Down, it will show RED even if the candle ended green but because its a 2D it will be red. Then the purple/magenta on the signal down candles and the aqua on the up candles. He's asking if you can turn off the those extra colors. Like just show numbers without candle colors changing too.
I can but that basically defeats the whole purpose of the study. If all you want is the strat numbers under each candle, there's already a plethora of studies that do that floating around facebook and twitter. I think there's even one here.
Yeah but they don't have arrows or labels as yours. Speaking of which, I don't think I ever see arrows for 3-1-2. Or a revstrat which is a 1, 2d, 2u vice versa for bear - do you think we can get this added or alert for it?
Yeah, I'm going to start adding those just as soon as I find a really good resource that has them all defined. As it stands now, my studies only include the four basic reversals he describes in the interview with Steve Burns. Do you know of a resource that defines the rev strats
It's probably gone bro, because I've been making changes to the same study over and over again. What did you want from that version? I'll try and see if I can make it happen
True thanks for your help and constant helping. So from searching twitte #TheStrat posts with RevStrat are usually for example a BUY trade 1-2d-2u
The red/green bubble with 2d-2u or 2d-1-2u as you shared the screen shot in second page of this discussion.
The bubbles are still there. You have to go in the settings and select "yes" for show bubbles
#TheStrat Scenarios relative to previous candle displayed as 1, 2u, 2d, or 3
#Current Bar Hammers and Shooters
#Closing price relative to opening price of current candle displayed as green, yellow, or red.
# RANGES #
def fullRange = high - low;
def closedRange = ((close - low) / fullRange);
def openedRange = ((open - low) / fullRange);
def bodyRange = (AbsValue(open - close)) / fullRange;
def highRange = (high - Max(open, close)) / fullRange;
def lowRange = (Min(open, close) - low) / fullRange;
def minLow = Min(closedRange, OpenedRange);
def maxHigh = Max(closedRange, OpenedRange);
# HAMMERS #
def softHammer = maxHigh > 0.75 and minLow > 0.55 and highRange < bodyRange;
def hardHammer = minLow > 0.66 and highRange <= 0.17 ;
def Hammer = hardHammer or softHammer;
# SHOOTING STARS #
def softShooter = minLow < 0.25 and maxHigh < 0.45 and lowrange < bodyRange;
def hardShooter = maxHigh < 0.34 and lowRange <= 0.17;
def Shooter = hardShooter or softShooter;
#Display Candle Type
plot CandleType;
if high[0]>high[1] and low[0]<low[1] then {CandleType = 3;} #outisde bar
else if high[0]<high[1] and low[0]>low[1] then {CandleType = 1;} #inside bar
else if high[0]>high[1] and low[0]>low[1] then {CandleType = 2;} #2-up
else {CandleType = 4;} #2-down
#Display Candle Direction
plot CandleDirection;
if close[0]>open[0] then {CandleDirection = 1;} #Price is rising, close>open
else if close[0]<open[0] then {CandleDirection = 2;} #Price is falling, close<open
else {CandleDirection = 3;} #No price movement, close=open
#Display Hammers/Shooters
plot CandleRange;
if Hammer then {CandleRange = 1;} #Hammer
else if Shooter then {CandleRange = 2;} #Shooter
else {CandleRange = 3;} #Neither Hammer or Shooter
#Display candle type, direction & range
addLabel(yes,
if CandleType == 3 then concat("3", if CandleRange==1 then "/H" else if CandleRange==2 then "/S" else "")
else if CandleType == 1 then concat("1", if CandleRange==1 then "/H" else if CandleRange==2 then "/S" else "")
else if CandleType == 2 then concat("2u", if CandleRange==1 then "/H" else if CandleRange==2 then "/S" else "")
else concat("2d", if CandleRange==1 then "/H" else if CandleRange==2 then "/S" else ""),
if CandleDirection == 2 then color.white
else if CandleDirection == 1 then color.black
else color.black);
assignBackgroundColor(
if CandleDirection == 1 then color.green
else if CandleDirection == 2 then color.red
else color.yellow);That's BADASS BRO!!I often see Rob Smith talk about Shooting Stars and Hammers, I found a code that adds that to watch list columns, so if you know how to trade the revstrats, 1-2d-2u for BUYS (or 1-2u-2d for sells) then you want the middle number to be a hammer for BUYS and shooting stars for the sells.
This code will help you see the Hammer and Shooting Stars next to the number on your watchlist. Feel free to change and edit this how you like, found it. It's not mine, thanks to whoever made it
Edit: Forgot to ask, is there a way you can create a scanner for this? To scan for like example on watchlist columns it often puts 2d/H tell you there's a hammer, can you make this into a scan code to scan for 2d candles that are hammers for example?
Code:#TheStrat Scenarios relative to previous candle displayed as 1, 2u, 2d, or 3 #Current Bar Hammers and Shooters #Closing price relative to opening price of current candle displayed as green, yellow, or red. # RANGES # def fullRange = high - low; def closedRange = ((close - low) / fullRange); def openedRange = ((open - low) / fullRange); def bodyRange = (AbsValue(open - close)) / fullRange; def highRange = (high - Max(open, close)) / fullRange; def lowRange = (Min(open, close) - low) / fullRange; def minLow = Min(closedRange, OpenedRange); def maxHigh = Max(closedRange, OpenedRange); # HAMMERS # def softHammer = maxHigh > 0.75 and minLow > 0.55 and highRange < bodyRange; def hardHammer = minLow > 0.66 and highRange <= 0.17 ; def Hammer = hardHammer or softHammer; # SHOOTING STARS # def softShooter = minLow < 0.25 and maxHigh < 0.45 and lowrange < bodyRange; def hardShooter = maxHigh < 0.34 and lowRange <= 0.17; def Shooter = hardShooter or softShooter; #Display Candle Type plot CandleType; if high[0]>high[1] and low[0]<low[1] then {CandleType = 3;} #outisde bar else if high[0]<high[1] and low[0]>low[1] then {CandleType = 1;} #inside bar else if high[0]>high[1] and low[0]>low[1] then {CandleType = 2;} #2-up else {CandleType = 4;} #2-down #Display Candle Direction plot CandleDirection; if close[0]>open[0] then {CandleDirection = 1;} #Price is rising, close>open else if close[0]<open[0] then {CandleDirection = 2;} #Price is falling, close<open else {CandleDirection = 3;} #No price movement, close=open #Display Hammers/Shooters plot CandleRange; if Hammer then {CandleRange = 1;} #Hammer else if Shooter then {CandleRange = 2;} #Shooter else {CandleRange = 3;} #Neither Hammer or Shooter #Display candle type, direction & range addLabel(yes, if CandleType == 3 then concat("3", if CandleRange==1 then "/H" else if CandleRange==2 then "/S" else "") else if CandleType == 1 then concat("1", if CandleRange==1 then "/H" else if CandleRange==2 then "/S" else "") else if CandleType == 2 then concat("2u", if CandleRange==1 then "/H" else if CandleRange==2 then "/S" else "") else concat("2d", if CandleRange==1 then "/H" else if CandleRange==2 then "/S" else ""), if CandleDirection == 2 then color.white else if CandleDirection == 1 then color.black else color.black); assignBackgroundColor( if CandleDirection == 1 then color.green else if CandleDirection == 2 then color.red else color.yellow);
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