OPEN-SOURCE SCRIPT
BATOOT

//version=5
indicator('BATOOT', overlay=true)
length = input.int(title='Length', minval=1, maxval=1000, defval=18)
upBound = ta.highest(high, length)
downBound = ta.lowest(low, length)
LONG = ta.cross(high, upBound)
SHORT = ta.cross(low, downBound)
switch_1 = 0
setA = 0
setB = 0
if LONG and switch_1[1] == 0
switch_1 := 1
setA := 1
setB := 0
setB
else
if SHORT and switch_1[1] == 1
switch_1 := 0
setA := 0
setB := 1
setB
else
switch_1 := nz(switch_1[1], 0)
setA := 0
setB := 0
setB
plotshape(setA, title='LONG', style=shape.triangleup, text='BUY', color=color.new(color.green, 0), textcolor=color.new(color.green, 0), location=location.belowbar, size=size.small)
plotshape(setB, title='SHORT', style=shape.triangledown, text='SHORT', color=color.new(color.red, 0), textcolor=color.new(color.red, 0), location=location.abovebar, size=size.small)
alertcondition(setA, title='LONG', message='LONG!')
alertcondition(setB, title='SHORT', message='SHORT!')
//Support and Resistance
line_width = 3
sr_tf = input.timeframe('', title='S/R Timeframe')
//Legacy RSI calc
rsi_src = close
len = 9
up1 = ta.rma(math.max(ta.change(rsi_src), 0), len)
down1 = ta.rma(-math.min(ta.change(rsi_src), 0), len)
legacy_rsi = down1 == 0 ? 100 : up1 == 0 ? 0 : 100 - 100 / (1 + up1 / down1)
//CMO based on HMA
length1 = 1
src1 = ta.hma(open, 5)[1] // legacy hma(5) calculation gives a resul with one candle shift, thus use hma()[1]
src2 = ta.hma(close, 12)
momm1 = ta.change(src1)
momm2 = ta.change(src2)
f1(m, n) =>
m >= n ? m : 0.0
f2(m, n) =>
m >= n ? 0.0 : -m
m1 = f1(momm1, momm2)
m2 = f2(momm1, momm2)
sm1 = math.sum(m1, length1)
sm2 = math.sum(m2, length1)
percent(nom, div) =>
100 * nom / div
cmo_new = percent(sm1 - sm2, sm1 + sm2)
//Legacy Close Pivots calcs.
len5 = 2
h = ta.highest(len5)
h1 = ta.dev(h, len5) ? na : h
hpivot = fixnan(h1)
l = ta.lowest(len5)
l1 = ta.dev(l, len5) ? na : l
lpivot = fixnan(l1)
//Calc Values
rsi_new = ta.rsi(close, 9)
lpivot_new = lpivot
hpivot_new = hpivot
sup = rsi_new < 25 and cmo_new > 50 and lpivot_new
res = rsi_new > 75 and cmo_new < -50 and hpivot_new
calcXup() =>
var xup = 0.0
xup := sup ? low : xup[1]
xup
calcXdown() =>
var xdown = 0.0
xdown := res ? high : xdown[1]
xdown
//Lines drawing variables
tf1 = request.security(syminfo.tickerid, sr_tf, calcXup(), lookahead=barmerge.lookahead_on)
tf2 = request.security(syminfo.tickerid, sr_tf, calcXdown(), lookahead=barmerge.lookahead_on)
//SR Line plotting
var tf1_line = line.new(0, 0, 0, 0)
var tf1_bi_start = 0
var tf1_bi_end = 0
tf1_bi_start := ta.change(tf1) ? bar_index : tf1_bi_start[1]
tf1_bi_end := ta.change(tf1) ? tf1_bi_start : bar_index
if ta.change(tf1)
tf1_line := line.new(tf1_bi_start, tf1, tf1_bi_end, tf1, color=color.green, width=line_width)
tf1_line
line.set_x2(tf1_line, tf1_bi_end)
var tf2_line = line.new(0, 0, 0, 0)
var tf2_bi_start = 0
var tf2_bi_end = 0
tf2_bi_start := ta.change(tf2) ? bar_index : tf2_bi_start[1]
tf2_bi_end := ta.change(tf2) ? tf2_bi_start : bar_index
if ta.change(tf2)
tf2_line := line.new(tf2_bi_start, tf2, tf2_bi_end, tf2, color=color.orange, width=line_width)
tf2_line
line.set_x2(tf2_line, tf2_bi_end)
indicator('BATOOT', overlay=true)
length = input.int(title='Length', minval=1, maxval=1000, defval=18)
upBound = ta.highest(high, length)
downBound = ta.lowest(low, length)
LONG = ta.cross(high, upBound)
SHORT = ta.cross(low, downBound)
switch_1 = 0
setA = 0
setB = 0
if LONG and switch_1[1] == 0
switch_1 := 1
setA := 1
setB := 0
setB
else
if SHORT and switch_1[1] == 1
switch_1 := 0
setA := 0
setB := 1
setB
else
switch_1 := nz(switch_1[1], 0)
setA := 0
setB := 0
setB
plotshape(setA, title='LONG', style=shape.triangleup, text='BUY', color=color.new(color.green, 0), textcolor=color.new(color.green, 0), location=location.belowbar, size=size.small)
plotshape(setB, title='SHORT', style=shape.triangledown, text='SHORT', color=color.new(color.red, 0), textcolor=color.new(color.red, 0), location=location.abovebar, size=size.small)
alertcondition(setA, title='LONG', message='LONG!')
alertcondition(setB, title='SHORT', message='SHORT!')
//Support and Resistance
line_width = 3
sr_tf = input.timeframe('', title='S/R Timeframe')
//Legacy RSI calc
rsi_src = close
len = 9
up1 = ta.rma(math.max(ta.change(rsi_src), 0), len)
down1 = ta.rma(-math.min(ta.change(rsi_src), 0), len)
legacy_rsi = down1 == 0 ? 100 : up1 == 0 ? 0 : 100 - 100 / (1 + up1 / down1)
//CMO based on HMA
length1 = 1
src1 = ta.hma(open, 5)[1] // legacy hma(5) calculation gives a resul with one candle shift, thus use hma()[1]
src2 = ta.hma(close, 12)
momm1 = ta.change(src1)
momm2 = ta.change(src2)
f1(m, n) =>
m >= n ? m : 0.0
f2(m, n) =>
m >= n ? 0.0 : -m
m1 = f1(momm1, momm2)
m2 = f2(momm1, momm2)
sm1 = math.sum(m1, length1)
sm2 = math.sum(m2, length1)
percent(nom, div) =>
100 * nom / div
cmo_new = percent(sm1 - sm2, sm1 + sm2)
//Legacy Close Pivots calcs.
len5 = 2
h = ta.highest(len5)
h1 = ta.dev(h, len5) ? na : h
hpivot = fixnan(h1)
l = ta.lowest(len5)
l1 = ta.dev(l, len5) ? na : l
lpivot = fixnan(l1)
//Calc Values
rsi_new = ta.rsi(close, 9)
lpivot_new = lpivot
hpivot_new = hpivot
sup = rsi_new < 25 and cmo_new > 50 and lpivot_new
res = rsi_new > 75 and cmo_new < -50 and hpivot_new
calcXup() =>
var xup = 0.0
xup := sup ? low : xup[1]
xup
calcXdown() =>
var xdown = 0.0
xdown := res ? high : xdown[1]
xdown
//Lines drawing variables
tf1 = request.security(syminfo.tickerid, sr_tf, calcXup(), lookahead=barmerge.lookahead_on)
tf2 = request.security(syminfo.tickerid, sr_tf, calcXdown(), lookahead=barmerge.lookahead_on)
//SR Line plotting
var tf1_line = line.new(0, 0, 0, 0)
var tf1_bi_start = 0
var tf1_bi_end = 0
tf1_bi_start := ta.change(tf1) ? bar_index : tf1_bi_start[1]
tf1_bi_end := ta.change(tf1) ? tf1_bi_start : bar_index
if ta.change(tf1)
tf1_line := line.new(tf1_bi_start, tf1, tf1_bi_end, tf1, color=color.green, width=line_width)
tf1_line
line.set_x2(tf1_line, tf1_bi_end)
var tf2_line = line.new(0, 0, 0, 0)
var tf2_bi_start = 0
var tf2_bi_end = 0
tf2_bi_start := ta.change(tf2) ? bar_index : tf2_bi_start[1]
tf2_bi_end := ta.change(tf2) ? tf2_bi_start : bar_index
if ta.change(tf2)
tf2_line := line.new(tf2_bi_start, tf2, tf2_bi_end, tf2, color=color.orange, width=line_width)
tf2_line
line.set_x2(tf2_line, tf2_bi_end)
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.