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ASCTrend indicator (Update)
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=1169
Forum: 17 · Topic 1169 · 7 post(s)
ASCTrend indicator (Update)
Alexander.Gettinger · Thu May 27, 2010 9:02 pm
viewtopic.php?f=27&t=1079&p=2052#p2052
The indicator was revised and updated
Re: ASCTrend indicator (Update)
bonnevie · Mon Oct 11, 2010 8:50 pm
Hi Alexander,
Is it possible to have a signal function for these indicators?
Thanks.
bonnevie
Re: ASCTrend indicator (Update)
Apprentice · Mon Oct 11, 2010 11:40 pm
Added to development cue.
Re: ASCTrend indicator (Update)
Alexander.Gettinger · Tue Nov 09, 2010 2:22 am
Indicator updated. Added dot mode.
function Init()
indicator:name("ASCTrend indicator");
indicator:description("");
indicator:requiredSource(core.Bar);
indicator:type(core.Indicator);
indicator.parameters:addInteger("RISK", "RISK", "No description", 3);
indicator.parameters:addBoolean("DotMode", "DotMode", "No description", false);
indicator.parameters:addColor("UP_color", "Color of UP", "Color of UP", core.rgb(0, 255, 0));
indicator.parameters:addColor("DN_color", "Color of DN", "Color of DN", core.rgb(255, 0, 0));
indicator.parameters:addColor("DotClr", "Dot color", "Dot color", core.rgb(0, 0, 255));
end
local first;
local RISK;
local source = nil;
local buffUp=nil;
local buffDn=nil;
local Table_value2;
local DotMode;
local buffDot=nil;
function Prepare()
source = instance.source;
RISK=instance.parameters.RISK;
DotMode=instance.parameters.DotMode;
first = source:first();
Table_value2=instance:addInternalStream(0, 0);
local name = profile:id() .. "(" .. source:name() .. ", " .. RISK .. ")";
instance:name(name);
buffUp = instance:createTextOutput ("Up", "Up", "Wingdings", 10, core.H_Center, core.V_Top, instance.parameters.UP_color, first);
buffDn = instance:createTextOutput ("Dn", "Dn", "Wingdings", 10, core.H_Center, core.V_Bottom, instance.parameters.DN_color, first);
buffDot = instance:addStream("buffDot", core.Dot, name .. ".ASCTrend", "ASCTrend", instance.parameters.DotClr, first);
end
function Update(period, mode)
local value10=3*2*RISK;
if (period>first+2+value10) then
local x1=67+RISK;
local x2=33-RISK;
local value11=value10;
local Range=0.;
local AvgRange=0.;
for i=period-9,period,1 do
AvgRange=AvgRange+math.abs(source.high[i]-source.low[i]);
end
Range=AvgRange/10.;
local TrueCount=0;
local Counter=period;
while Counter>period-9 and TrueCount<1 do
if math.abs(source.open[Counter]-source.close[Counter-1])>=Range*2. then
TrueCount=TrueCount+1;
end
Counter=Counter-1;
end
local MRO1;
if TrueCount>=1 then
MRO1=Counter;
else
MRO1=-1;
end
Counter=period;
TrueCount=0;
while Counter>period-6 and TrueCount<1 do
if math.abs(source.close[Counter-3]-source.close[Counter])>Range*4.6 then
TrueCount=TrueCount+1;
end
Counter=Counter-1;
end
local MRO2;
if TrueCount>=1 then
MRO2=Counter;
else
MRO2=-1;
end
if MRO1>-1 then
value11=3;
else
value11=value10;
end
if MRO2>-1 then
value11=4;
else
value11=value10;
end
local WPR=-(core.max(source.high,core.rangeTo(period,value11))-source.close[period])*100./(core.max(source.high,core.rangeTo(period,value11))-core.min(source.low,core.rangeTo(period,value11)));
local value2=100-math.abs(WPR);
Table_value2[period]=value2;
value3=0;
local i1;
if value2<x2 then
i1=1;
while Table_value2[period-i1]>=x2 and Table_value2[period-i1]<=x1 do
i1=i1+1;
end
if Table_value2[period-i1]>x1 then
value3=source.high[period]+Range*0.5;
if DotMode==false then
buffUp:set(period, value3, "\226", "");
else
buffDot[period]=source.high[period];
end
end
end
if value2>x1 then
i1=1;
while Table_value2[period-i1]>=x2 and Table_value2[period-i1]<=x1 do
i1=i1+1;
end
if Table_value2[period-i1]<x2 then
value3=source.low[period]-Range*0.5;
if DotMode==false then
buffDn:set(period, value3, "\225", "");
else
buffDot[period]=source.low[period];
end
end
end
end
end
Re: ASCTrend indicator (Update)
Alexander.Gettinger · Tue Nov 09, 2010 2:26 am
Strategy on this indicator: viewtopic.php?f=31&t=2633
Re: ASCTrend indicator (Update)
adloule · Sun Aug 09, 2015 5:35 am
hi, thank you for this indi, can you please develop “ASCTrend histogram 2TF” to use it with “Genesis System Heat Map”
thank you
Re: ASCTrend indicator (Update)
Gentle · Thu Mar 16, 2017 12:33 pm
OK, if someone feels a strong desire to trade the Genesis system, here it is the indi ASCTrend-2TF. For this indi to work, you should install first ASCTrend2_histo.