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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 | _SECTION_BEGIN ( "Price" ); HAswitch = ParamToggle ( "Heikin Ashi" , "Off,On" ); PriceUpCol = ParamColor ( "Price UP Color" , colorGreen ); PriceDnCol = ParamColor ( "Price DN Color" , colorRed ); PriceSty = ParamStyle ( "Price Style" , styleCandle ,maskDefault | styleCandle | styleBar ); HaClose = ( O + H + L + C ) / 4; HaOpen = AMA ( Ref (HaClose, -1), 0.5); HaHigh = Max ( H , Max (HaClose, HaOpen)); HaLow = Min ( L , Min (HaClose, HaOpen)); if (HAswitch) PlotOHLC (HaOpen,HaHigh,HaLow,HaClose, "Heikin Ashi" , IIf (HaClose > HaOpen,PriceUpCol,PriceDnCol),PriceSty); else Plot ( C , "Price" , IIf ( C > Ref ( C ,-1), PriceUpCol, PriceDnCol), PriceSty); _SECTION_END (); _SECTION_BEGIN ( "Tenkan-Sen" ); TenkanPer = Param ( "Tenkan-Sen Period" ,9,1,100,1); TenkanCol = ParamColor ( "Tenkan-Sen Color" , colorRed ); TenkanSty = ParamStyle ( "Tenkan-Sen Style" , styleLine | styleThick ); Tenkan = ( HHV ( H ,TenkanPer) + LLV ( L ,TenkanPer) ) / 2; Plot (Tenkan, "Tenkan" ,TenkanCol,TenkanSty); _SECTION_END (); _SECTION_BEGIN ( "Kijun-Sen" ); KijunPer = Param ( "Kijun-Sen Period" ,26,1,100,1); KijunCol = ParamColor ( "Kijun-Sen Color" , colorBlue ); KijunSty = ParamStyle ( "Kijun-Sen Style" , styleLine | styleThick ); Kijun = ( HHV ( H ,KijunPer) + LLV ( L ,KijunPer) ) / 2; Plot (Kijun, "Kijun" ,KijunCol,KijunSty); _SECTION_END (); _SECTION_BEGIN ( "Chikou Span" ); ChikouShft = Param ( "Chikou Span Shift" ,26,1,100,1); ChikouCol = ParamColor ( "Chikou Span Color" , colorViolet ); ChikouSty = ParamStyle ( "Chikou Span Style" , styleLine | styleNoLabel ); Chikou = C ; Plot (Chikou, "" ,ChikouCol,ChikouSty, Null , Null ,-ChikouShft); _SECTION_END (); _SECTION_BEGIN ( "Senkou-Kumo" ); SenkouKumoShft = Param ( "Senkou-Kumo Shift" ,26,0,100,1); _SECTION_END (); _SECTION_BEGIN ( "Senkou Span A" ); SenkouACol = ParamColor ( "Senkou Span A Color" , colorSeaGreen ); SenkouASty = ParamStyle ( "Senkou Span A Style" , styleLine ); SenkouA = ( Tenkan + Kijun ) / 2; Plot (SenkouA, "Senkou A" ,SenkouACol,SenkouASty, Null , Null ,SenkouKumoShft) ; _SECTION_END (); _SECTION_BEGIN ( "Senkou Span B" ); SenkouBPer = Param ( "Senkou Span B Period" ,52,1,200,1); SenkouBCol = ParamColor ( "Senkou Span B Color" , colorPink ); SenkouBSty = ParamStyle ( "Senkou Span B Style" , styleLine ); SenkouB = ( HHV ( H ,SenkouBPer) + LLV ( L ,SenkouBPer) ) / 2; Plot (SenkouB, "Senkou B" ,SenkouBCol,SenkouBSty, Null , Null ,SenkouKumoShft) ; _SECTION_END (); _SECTION_BEGIN ( "Kumo" ); KumoUpCol = ParamColor ( "Kumo UP Color" , colorSeaGreen ); KumoDnCol = ParamColor ( "Kumo DN Color" , colorPink ); PlotOHLC (SenkouA,SenkouA,SenkouB,SenkouB, "" , IIf (SenkouA>SenkouB,KumoUpCol,KumoDnCol), styleCloud | styleNoLabel , Null , Null ,SenkouKumoShft); _SECTION_END (); _SECTION_BEGIN ( "BK" ); SetChartOptions (0, chartShowArrows | chartShowDates ); SetChartBkColor ( ParamColor ( "Color Axes" , colorBlack ) ); SetChartBkGradientFill ( ParamColor ( "BgTop" , colorWhite ), ParamColor ( "BgBottom" , colorDarkGrey )); _SECTION_END (); _SECTION_BEGIN ( "AuthorName" ); k = ( GetPerformanceCounter ()/100)%100; printf ( "GetPerformance Counter %g" ,k); GfxSelectFont ( "comics" , 14,800); GfxSetBkMode (1); GfxSetTextColor ( colorWhite ); GfxTextOut ( "ABDEL01S" ,-10+k,20); RequestTimedRefresh (10); _SECTION_END (); /* Interpreting the Chart Strong signals - A strong Buy Signal occurs when the Tenkan-Sen crosses above the Kijun-Sen from below. A strong Sell Signal occurs when the opposite occurs. The signals must be above the Kumo. Normal signals - A normal Buy Signal occurs when the Tenkan-Sen crosses above the Kijun-Sen from below. A normal Sell Signal occurs when the opposite occurs. The signals must be within the Kumo. Weak signals - A weak Buy Signal occurs when the Tenkan-Sen crosses above the Kijun-Sen from below. A weak Sell Signal occurs when the opposite occurs. The signals must be below the Kumo. Overall strength - Strength is shown to be with the sellers if the Chikou Span is below the current price. Strength is shown to be with the buyers when the opposite is True . Support/resistance levels - Support AND resistance levels are represented by the presence of the Kumo. if the price is entering the Kumo from below, then the price is at a resistance level. if the price is falling into the Kumo, then there is a support level. Trends - Trends can be determined by simply looking at where the current price is in relation to the Kumo. if the price stays below the Kumo, then there is a downward trend (bearish). Alternatively, if the price stays above the Kumo, then there is an upward trend (bullish). //http://www.investopedia.com/articles/technical/04/072104.asp |