Move bubbles ToS Variable MA

Rags

New member
I have been using an indicator which provides bubble when the market transitions from one phase to the other. However, the bubbles are positioned right on the candles hence the chart is not crisp. Is there a way to move the bubbles about five candles to the right?

Here is the current Code:


input ChartBubblesOn = no;



input price = close;

input length = 8;



def tmp1 = if price > price[1] then price - price[1] else 0;

def tmp2 = if price[1] > price then price[1] - price else 0;

def d2 = sum(tmp1, length);

def d4 = sum(tmp2, length);

def cond = d2 + d4 == 0;

def ad3 = if cond then 0 else (d2 - d4) / (d2 + d4) * 100;

def coeff = 2 / (length + 1) * AbsValue(ad3) / 100;

def asd = compoundValue("visible data" = coeff * price + (if IsNaN(asd[1]) then 0 else asd[1]) * (1 - coeff), "historical data" = price

);

plot VMA = asd;

VMA.setDefaultColor(GetColor(0));



def vwma8 = sum(volume * close, 8) / sum(volume, 8);

def vwma21 = sum(volume * close, 21) / sum(volume, 21);

def vwma34 = sum(volume * close, 34) / sum(volume, 34);



def bullish = if vwma8 > vwma21 and vwma21 > vwma34 then 1 else 0;

def bearish = if vwma8 < vwma21 and vwma21 < vwma34 then 1 else 0;

def distribution = if !bullish and !bearish then 1 else 0;



AddLabel(yes, if bullish and close >= VMA then "Stage: Acceleration" else if bearish and close <= VMA then "Stage: Deceleration" else if close>=VMA then "Stage: Accumulation" else "Stage: Distribution", if bullish and close >= VMA then color.green else if bearish and close <= VMA then color.red else if close >=VMA then color.yellow else color.orange);



VMA.AssignValueColor(if bearish and close<= VMA then color.red

else if bullish and close >= VMA then color.green

else color.gray);



def accumulationToAcceleration = if (bullish and close>=VMA) then 1 else 0;

AddChartBubble(ChartBubblesOn and accumulationToAcceleration and !accumulationToAcceleration[1], close, "Entering Acceleration", color.green);



def distributionToDeceleration = if (bearish and close <= VMA) then 1 else 0;

AddChartBubble(ChartBubblesOn and distributionToDeceleration and !distributionToDeceleration[1], close, "Entering Deceleration", color.red);
 

halcyonguy

Well-known member
VIP
Lifetime
I have been using an indicator which provides bubble when the market transitions from one phase to the other. However, the bubbles are positioned right on the candles hence the chart is not crisp. Is there a way to move the bubbles about five candles to the right?

Here is the current Code:


input ChartBubblesOn = no;



input price = close;

input length = 8;



def tmp1 = if price > price[1] then price - price[1] else 0;

def tmp2 = if price[1] > price then price[1] - price else 0;

def d2 = sum(tmp1, length);

def d4 = sum(tmp2, length);

def cond = d2 + d4 == 0;

def ad3 = if cond then 0 else (d2 - d4) / (d2 + d4) * 100;

def coeff = 2 / (length + 1) * AbsValue(ad3) / 100;

def asd = compoundValue("visible data" = coeff * price + (if IsNaN(asd[1]) then 0 else asd[1]) * (1 - coeff), "historical data" = price

);

plot VMA = asd;

VMA.setDefaultColor(GetColor(0));



def vwma8 = sum(volume * close, 8) / sum(volume, 8);

def vwma21 = sum(volume * close, 21) / sum(volume, 21);

def vwma34 = sum(volume * close, 34) / sum(volume, 34);



def bullish = if vwma8 > vwma21 and vwma21 > vwma34 then 1 else 0;

def bearish = if vwma8 < vwma21 and vwma21 < vwma34 then 1 else 0;

def distribution = if !bullish and !bearish then 1 else 0;



AddLabel(yes, if bullish and close >= VMA then "Stage: Acceleration" else if bearish and close <= VMA then "Stage: Deceleration" else if close>=VMA then "Stage: Accumulation" else "Stage: Distribution", if bullish and close >= VMA then color.green else if bearish and close <= VMA then color.red else if close >=VMA then color.yellow else color.orange);



VMA.AssignValueColor(if bearish and close<= VMA then color.red

else if bullish and close >= VMA then color.green

else color.gray);



def accumulationToAcceleration = if (bullish and close>=VMA) then 1 else 0;

AddChartBubble(ChartBubblesOn and accumulationToAcceleration and !accumulationToAcceleration[1], close, "Entering Acceleration", color.green);



def distributionToDeceleration = if (bearish and close <= VMA) then 1 else 0;

AddChartBubble(ChartBubblesOn and distributionToDeceleration and !distributionToDeceleration[1], close, "Entering Deceleration", color.red);

yes , bubbles can be placed anywhere on a chart.
the trick is reading valid price data if it is to be to the right of the last bar.
you can define a 'bar' location after the last bar, by using 2 variables with offsets.
one looks back at the last price and another looks back at the bar after the last bar (which will have an error for price)

def x = !isNaN(close[4]) and isNaN(close[3]) ;

this looks back at the last bar and reads the close price
https://usethinkscript.com/threads/display-bubble-on-the-right-edge.3037/#post-66620
 

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