RicardoSantos

[RS]Stop Hunt Levels V0

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Request for SpreadEagle71:
Stop Hunt Levels adapted from:
http://www.investopedia.com/articles/for...
configuration:
smoothing: smooths/average the source higher value will remove spikes but delay the speed of adjusting
source: source to compare crossing lines.
Rounding Value: value space of the grid.
Entry Window Size: Space for entrys.
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study(title='[RS]Stop Hunt Levels V0', overlay=true)
smoothing = input(title='Smoothing interval:', type=integer, defval=1)
src = ema(input(title='Source', type=source, defval=close), smoothing)
r_value = input(title='Rounding Value:', type=float, defval=0.0100)
w_size = input(title='Entry window size:', type=float, defval=0.0010)

fraction_top = ceil(src / r_value)
fraction_bot = floor(src / r_value)

top = r_value*fraction_top
bot = r_value*fraction_bot

h_top = top + w_size
l_top = top - w_size

h_bot = bot + w_size
l_bot = bot - w_size

fcolor = top != top[1]
plot(title='Upper Range:', series=top, color=fcolor?na:black, linewidth=2)
plot(title='Lower Range:', series=bot, color=fcolor?na:black, linewidth=2)

pht = plot(title='Upper Range Buy Line:', series=h_top, color=fcolor?na:lime, linewidth=2)
plt = plot(title='Upper Range Sell Line:', series=l_top, color=fcolor?na:red, linewidth=2)

phb = plot(title='Lower Range Buy Line:', series=h_bot, color=fcolor?na:lime, linewidth=2)
plb = plot(title='Lower Range Sell Line', series=l_bot, color=fcolor?na:red, linewidth=2)

fill(pht, plt, color=gray, transp=75)
fill(phb, plb, color=gray, transp=75)

Comentarios

wonderfull script, one question is there a way to make this work for futures or etfs it only shows on forex charts for me. thank you
Responder
@psi., theres no reason it wouldnt work. check if your doing everything right on your end.
Responder
i would like to commend you on all your scripts a job well done. I have fav'd almost all of yours, thanks a lot
Responder
When I load the script it looks nothing like the chart posted....
Responder
G13Man RobbyWestHouston
post ur chart so he can see
Responder
My chart is at
Responder
RicardoSantos RobbyWestHouston
its because of the dark theme is obfuscating the colors (recent technicality with transparency), try a lighter theme or change the color on the property's of the indicator
Responder
squattter RobbyWestHouston
for btc try, 1, 19, 3
Responder
I think this study has great promise but it would be nice if we could get some expert input from you on a few pairs to get us started. Can you recommend settings for these dissimilar major pairs: AUDUSD, USDCAD, GBPUSD? Thank you!
Responder
RicardoSantos Alphaoptions
i dont use it :!, just made it for speadeagle71, wouldnt be much expertise there.
Responder
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