Created a custom column [T] for displaying the trend BASED ON THE BAR color ("Upside" - Green) appearing in the study window [below the code area]. Code is configured to execute on "D" - Day, everywhere.
The circled "OPEN" stock is supposed to display "U" in the Column-T as per the code/graph displayed below the code editor, however, it's displaying "N". please let me know what am I missing. Code copied below for your review.
The circled "OPEN" stock is supposed to display "U" in the Column-T as per the code/graph displayed below the code editor, however, it's displaying "N". please let me know what am I missing. Code copied below for your review.
Ruby:
declare lower;
input midTermPeriod = {"1 min", "3 min", "5 min", "15 min", "30 min", "60 min", "120 min", "Daily", default "Weekly", "Monthly"};
input longTermPeriod = {"3 min", "5 min", "15 min", "30 min", "60 min", "120 min", "Daily", "Weekly", default "Monthly"};
input fastLength = 12;
input slowLength = 26;
input MACDLength = 9;
input midTermFastLength = 12;
input midTermSlowLength = 26;
input midTermMACDLength = 9;
input longTermFastLength = 12;
input longTermSlowLength = 26;
input longTermMACDLength = 9;
def middleAggregation;
switch (midTermPeriod) {
case "1 min":
middleAggregation = AggregationPeriod.MIN;
case "3 min":
middleAggregation = AggregationPeriod.THREE_MIN;
case "5 min":
middleAggregation = AggregationPeriod.FIVE_MIN;
case "15 min":
middleAggregation = AggregationPeriod.FIFTEEN_MIN;
case "30 min":
middleAggregation = AggregationPeriod.THIRTY_MIN;
case "60 min":
middleAggregation = AggregationPeriod.HOUR;
case "120 min":
middleAggregation = AggregationPeriod.TWO_HOURS;
case "Daily":
middleAggregation = AggregationPeriod.DAY;
case "Weekly":
middleAggregation = AggregationPeriod.WEEK;
case "Monthly":
middleAggregation = AggregationPeriod.MONTH;
}
def highestAggregation;
switch (longTermPeriod) {
case "3 min":
highestAggregation = AggregationPeriod.THREE_MIN;
case "5 min":
highestAggregation = AggregationPeriod.FIVE_MIN;
case "15 min":
highestAggregation = AggregationPeriod.FIFTEEN_MIN;
case "30 min":
highestAggregation = AggregationPeriod.THIRTY_MIN;
case "60 min":
highestAggregation = AggregationPeriod.HOUR;
case "120 min":
highestAggregation = AggregationPeriod.TWO_HOURS;
case "Daily":
highestAggregation = AggregationPeriod.DAY;
case "Weekly":
highestAggregation = AggregationPeriod.WEEK;
case "Monthly":
highestAggregation = AggregationPeriod.MONTH;
}
DefineGlobalColor("UpTrend", color.GREEN);
DefineGlobalColor("DownTrend", color.RED);
DefineGlobalColor("NoTrend", color.LIGHT_GRAY);
def timeFrame = getAggregationPeriod();
def testTimeFrames = if timeFrame < middleAggregation and middleAggregation < highestAggregation then yes else no;
# This section is for the chart level MACD
def fastAvg = ExpAverage(close, fastLength);
def slowAvg = ExpAverage(close, slowLength);
plot Value = fastAvg - slowAvg;
Value.SetDefaultColor(color.CYAN);
plot Avg = ExpAverage(Value, MACDLength);
Avg.SetDefaultColor(color.YELLOW);
plot Diff = (value - avg)*3;
# This section is for the medium term MACD
def midTermFastAvg = ExpAverage(close(period = middleAggregation) , midTermFastLength);
def midTermSlowAvg = ExpAverage(close(period = middleAggregation) , midTermSlowLength);
def midTermValue = midTermFastAvg - midTermSlowAvg;
def midTermAvg = ExpAverage(midTermValue, midTermMACDLength);
plot midTermDiff = (midTermValue - midTermAvg)*3;
midTermDiff.Hide();
midTermDiff.HideBubble();
# This section is for the long term MACD
def longTermFastAvg = ExpAverage(close(period = highestAggregation) , longTermFastLength);
def longTermSlowAvg = ExpAverage(close(period = highestAggregation) , longTermSlowLength);
def longTermValue = longTermFastAvg - longTermSlowAvg;
def longTermAvg = ExpAverage(longTermValue, longTermMACDLength);
plot longTermDiff = (longTermValue - longTermAvg)*3;
longTermDiff.Hide();
longTermDiff.HideBubble();
def midTermLower = midTermDiff < midTermDiff[1];
def midTermHigher = midTermDiff > midTermDiff[1];
rec midTermSignal = if midTermLower then yes else if midTermSignal[1] == yes and midTermHigher == no then yes else no;
#plot test = midTermSignal;
def longTermLower = longTermDiff < longTermDiff[1];
def longTermHigher = longTermDiff > longTermDiff[1];
rec longTermSignal = if longTermLower then yes else if longTermSignal[1] == yes and longTermHigher == no then yes else no;
midTermDiff.AssignValueColor(if midTermSignal then color.RED else color.BLUE);
longTermDiff.AssignValueColor(if longTermSignal then color.RED else color.BLUE);
Diff.AssignValueColor(if Diff > Diff[1] and midTermSignal == no and longTermSignal == no then GlobalColor("UpTrend") else if Diff < Diff[1] and midTermSignal == yes and longTermSignal == yes then GlobalColor("DownTrend") else GlobalColor("NoTrend") );
Diff.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Diff.SetLineWeight(3);
plot zeroLine = if close[-1] > 0 then 0 else Double.Nan;
zeroLine.AssignValueColor(if Diff > Diff[1] and midTermSignal == no and longTermSignal == no then GlobalColor("UpTrend") else if Diff < Diff[1] and midTermSignal == yes and longTermSignal == yes then GlobalColor("DownTrend") else GlobalColor("NoTrend") );
zeroLine.SetPaintingStrategy(PaintingStrategy.POINTS);
zeroLine.SetLineWeight(3);
#AddLabel(yes, if Diff > Diff[1] and midTermSignal == no and longTermSignal == no then "U" else if Diff < Diff[1] and midTermSignal == yes and longTermSignal == yes then "D" else "N");
# start code
input overbought = 80;
input oversold = 20;
input rsilength = 5;
def rsi = reference RSI(length = rsilength)."RSI";
#Label
AddLabel(yes, (if Diff > Diff[1] and midTermSignal == no and longTermSignal == no then "U" else if Diff < Diff[1] and midTermSignal == yes and longTermSignal == yes then "D" else "N"),
if rsi < oversold then Color.orange else
if rsi > overbought then Color.red else
if rsi > rsi[1] then Color.green else Color.green);
# end code RSI
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