ChrisMoody

TimWest Long Short Filters

TimWest Long Short Filters

Indicator Has 3 Separate Filters that Create Green( Bullish ) or Red( Bearish ) BackGround Highlights

If Price is Above or Below a certain LookBack Period - Tim Defaults to 63 on Daily Chart to Quickly View if Price is Above or Below it’s Price 1 Quarter Ago.

A Simple Moving Average Filter - Tim Defaults to 50 SMA and 200 SMA also known as the “Golden Cross”.

A Exponential Moving Average Filter - For Those Who Want To View Shorter Term Market Swings. Defaults to 50 EMA and 100 EMA used By Chuck Hughes, 7 Time World Trading Champion. Chuck Claims the 50/100 EMA's Show the Earliest Change in Market Direction the Equal - Sustainable Moves

Inputs Tab has Checkboxes to Turn On/Off any of the 3 Filters Above.

Reference Chart Post https://www.tradingview.com/v/UmsFo3hv/#...

نص برمجي مفتوح المصدر

قام مؤلف هذا النص البرمجي بنشره وجعله مفتوح المصدر، بحيث يمكن للمتداولين فهمه والتحقق منه، وهو الأمر الذي يدخل ضمن قيم TradingView. تحياتنا للمؤلف! يمكنك استخدامه مجانًا، ولكن إعادة استخدام هذا الكود في منشور تحكمه قواعد الموقع. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.

هل تريد استخدام هذا النص البرمجي على الرسم البياني؟
//Created by ChrisMoody for TimWest on 10/17/2014
study(title="TimWest_Long Short Filters", shorttitle="TimWest_Long-Short-Filters", overlay=true)
source = close
def = input(false, title="------Make Sure ONLY 1 Checkbox Below is checked!!! Or You WILL Get False Results!!!------")
def2 = input(false, title="You Can Check More Than 1 Box To Create Multiple True/False Condition BUT The Background Colors Will Change!!!")
def3 = input(false, title="------If You Select More Than ONE CheckBox Below - Test By Plotting Indicators On Chart To Understand BackGround Colors!!!")
def4 = input(false, title="------ACTIVE CheckBoxes Start BELOW This Line!!!---")
sp = input(true, title="Show BackGround Highlight based on Lookback Period of Price?")
len = input(63, title="Lookback Period to Compare Current Price To.  Tim's Default is 63-Approx. 1 Quarter")
ssma = input(false, title="Show BackGround Highlight based on Cross of Short/Long SMA?")
smas = input(50, title="Short SMA.  Tim's Default is 50 SMA and 200 SMA - Golden Cross - Major Market Trend")
smal = input(200, title="Long SMA.  Tim's Default is 50 SMA and 200 SMA - Golden Cross - Major Market Trend")
sema = input(false, title="Show BackGround Highlight based on Cross of Short/Long EMA?")
emas = input(50, title="Short EMA.  Used for Evaluating Shorter Term Moves -Chuck Hughes 7 Time WorldTradingChampion uses 50-100EMA")
emal = input(100, title="Long EMA.  Used for Evaluating Shorter Term Moves-Chuck Hughes 7 Time WorldTradingChampion uses 50-100EMA")
//Criteria for LookBack of Current Price Vs. Price X bars ago
condpru = close[1] > close[len] ? 1 : 0
condprd = close[1] < close[len] ? 1 : 0
condPrice = sp and condpru ? green : sp and condprd ? red : na
//SMA Criteria
condsmaU = sma(close, smas) > sma(close, smal) ? 1 : 0
condsmaD = sma(close, smas) < sma(close, smal) ? 1 : 0
condSMA = ssma and condsmaU ? green : ssma and condsmaD ? red : na
//EMA Criteria
condemaU = ema(close, emas) > ema(close, emal) ? 1 : 0
condemaD = ema(close, emas) < ema(close, emal) ? 1 : 0
condEMA = sema and condemaU ? green : sema and condemaD ? red : na
//BackGround Hilight Plots
bgcolor(condPrice, transp=70)
bgcolor(condSMA, transp=70)
bgcolor(condEMA, transp=70)

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