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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.
Code: Select all `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=32RISK; 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])>=Range2. 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])>Range4.6 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]+Range0.5; 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.