I'm a trainer and it's a bit complicated for me to convert this thinkscript code to easy language.
Can anyone please help me? Many thanks



declare upper;

input avglength = 14;
input MTaverageType = AverageType.WILDERS;
input ATRLength = 5;
input MTprice = hlc3;
input MTreversalMode = {default ATRpercent, price};
input MTreversalAmount = .5;

##DayATR Value Calculation
def highPrice = FundamentalType.high;
def closePrice = FundamentalType.close;
def lowPrice = FundamentalType.low;
def aggregationPeriod = AggregationPeriod.DAY;
rec AvgTrueRange = MovingAverage(AverageType.SIMPLE, TrueRange(Fundamental (highPrice, period = AggregationPeriod.Day), Fundamental (closePrice, period = AggregationPeriod.DAY), Fundamental (lowPrice, period = AggregationPeriod.DAY) ),ATRlength);

##############
##ATR percent conversion calculation
rec DayATRReversalValue = MTreversalAmount*(AvgTrueRange/close)*100;

def mode = if MTreversalMode == MTreversalMode.price then ZigZagTrendSign(price = MTprice, reversalAmount=MTreversalAmount) else ZigZagTrendPercent(price = MTprice, reversalAmount=DayATRReversalValue);
def MTinflection = if MTreversalMode == MTreversalMode.price then if !isNan(ZigZagSign(price = MTprice, reversalAmount=MTreversalAmount)) then 1 else 0 else if !isNan(ZigZagPercent(price = MTprice, reversalAmount=DayATRReversalValue)) then 1 else 0;
rec MTtrend = if MTinflection==1 and mode ==-1 then 1 else if MTinflection==1 and mode==1 then -1 else MTtrend[1];

rec MTupWaveVolume = if MTinflection==1 and MTtrend==1 and close>open then volume else if MTinflection==1 and MTtrend==1 and close <= open then 0 else if MTtrend==1 or (MTinflection==1 and MTtrend ==-1 and close>=open) then MTupWaveVolume[1]+volume else 0;
rec MTdownWaveVolume = if MTinflection==1 and MTtrend ==-1 and close<open then volume else if MTinflection==1 and MTtrend ==-1 and close>=open then 0 else if MTtrend==-1 or (MTinflection==1 and MTtrend==1 and close <= open) then MTdownWaveVolume[1]+volume else 0;



plot BuySignal = MTinflection[1] and MTdownwavevolume[2] > 0;
BuySignal.SetDefaultColor(Color.Cyan);
BuySignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
BuySignal.SetLineWeight(4);

plot SellSignal = MTinflection[1] and MTupwavevolume[2] > 0;
SellSignal.SetDefaultColor(Color.Magenta);
SellSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
SellSignal.SetLineWeight(4);

####################
##volume label add-on

##input MTVolumeAudible_Alert = yes;
def MTVolumeDeviation_Length = 60;
def MTVolumeDeviate = 2;
def MTvolumestdevlength = RelativeVolumeStDev(length = MTvolumeDeviation_Length);
def abovedev = MTvolumestdevlength >= MTvolumeDeviate;
def belowdev = MTvolumestdevlength <= MTvolumeDeviate;


def MTvolumeincrease = volume > volume[1];
def MTvolumedevincrease = MTvolumeincrease and abovedev;
def MTvolumedecrease = volume < volume[1];
def MTvolumedevdecrease = MTvolumedecrease and abovedev;

def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def MTvolumeBuying = V * (C - L) / (H - L);
def MTvolumeSelling = V * (H - C) / (H - L);


input Show_Labels = yes;
AddLabel(Show_Labels, "Buy Vol = " + Round(MTvolumeBuying, 0), if MTvolumeBuying > MTvolumeSelling then color.green else color.red);
AddLabel(Show_Labels, "Sell Vol = " + Round(MTvolumeSelling, 0), if MTvolumeSelling > MTvolumeBuying then color.green else color.red);

I don't use easy language but this looks like a really neat script. Do you currently use it in your trading plan?

Massive l 

I don't use easy language but this looks like a really neat script. Do you currently use it in your trading plan?

Thanks for your reply.
This is studies from thinkorswim. And I want to convert these indicators for using on tradestation.
Do you have any ideas to convert it?

Is there anyone who can help me to convert this code?
Please do not hesitate to give me any opinion you have, thanks

markmanu 

I'm a trainer and it's a bit complicated for me to convert this thinkscript code to easy language. Can anyone please help me? Many thanks declare upper; input avglength = 14; input MTaverageType = AverageType.WILDERS; input ATRLength = 5; input MTprice = hlc3; input MTreversalMode = {default ATRpercent, price}; input MTreversalAmount = .5; ##DayATR Value Calculation def highPrice = FundamentalType.high; def closePrice = FundamentalType.close; def lowPrice = FundamentalType.low; def aggregationPeriod = AggregationPeriod.DAY; rec AvgTrueRange = MovingAverage(AverageType.SIMPLE, TrueRange(Fundamental (highPrice, period = AggregationPeriod.Day), Fundamental (closePrice, period = AggregationPeriod.DAY), Fundamental (lowPrice, period = AggregationPeriod.DAY) ),ATRlength); ############## ##ATR percent conversion calculation rec DayATRReversalValue = MTreversalAmount*(AvgTrueRange/close)*100; def mode = if MTreversalMode == MTreversalMode.price then ZigZagTrendSign(price = MTprice, reversalAmount=MTreversalAmount) else ZigZagTrendPercent(price = MTprice, reversalAmount=DayATRReversalValue); def MTinflection = if MTreversalMode == MTreversalMode.price then if !isNan(ZigZagSign(price = MTprice, reversalAmount=MTreversalAmount)) then 1 else 0 else if !isNan(ZigZagPercent(price = MTprice, reversalAmount=DayATRReversalValue)) then 1 else 0; rec MTtrend = if MTinflection==1 and mode ==-1 then 1 else if MTinflection==1 and mode==1 then -1 else MTtrend[1]; rec MTupWaveVolume = if MTinflection==1 and MTtrend==1 and close>open then volume else if MTinflection==1 and MTtrend==1 and close <= open then 0 else if MTtrend==1 or (MTinflection==1 and MTtrend ==-1 and close>=open) then MTupWaveVolume[1]+volume else 0; rec MTdownWaveVolume = if MTinflection==1 and MTtrend ==-1 and close<open then volume else if MTinflection==1 and MTtrend ==-1 and close>=open then 0 else if MTtrend==-1 or (MTinflection==1 and MTtrend==1 and close <= open) then MTdownWaveVolume[1]+volume else 0; plot BuySignal = MTinflection[1] and MTdownwavevolume[2] > 0; BuySignal.SetDefaultColor(Color.Cyan); BuySignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP); BuySignal.SetLineWeight(4); plot SellSignal = MTinflection[1] and MTupwavevolume[2] > 0; SellSignal.SetDefaultColor(Color.Magenta); SellSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN); SellSignal.SetLineWeight(4); #################### ##volume label add-on ##input MTVolumeAudible_Alert = yes; def MTVolumeDeviation_Length = 60; def MTVolumeDeviate = 2; def MTvolumestdevlength = RelativeVolumeStDev(length = MTvolumeDeviation_Length); def abovedev = MTvolumestdevlength >= MTvolumeDeviate; def belowdev = MTvolumestdevlength <= MTvolumeDeviate; def MTvolumeincrease = volume > volume[1]; def MTvolumedevincrease = MTvolumeincrease and abovedev; def MTvolumedecrease = volume < volume[1]; def MTvolumedevdecrease = MTvolumedecrease and abovedev; def O = open; def H = high; def C = close; def L = low; def V = volume; def MTvolumeBuying = V * (C - L) / (H - L); def MTvolumeSelling = V * (H - C) / (H - L); input Show_Labels = yes; AddLabel(Show_Labels, "Buy Vol = " + Round(MTvolumeBuying, 0), if MTvolumeBuying > MTvolumeSelling then color.green else color.red); AddLabel(Show_Labels, "Sell Vol = " + Round(MTvolumeSelling, 0), if MTvolumeSelling > MTvolumeBuying then color.green else color.red);

Hi, it is programmer from freelancer, please contact me, I converted the indicator

fxprogrammer 

Hi, it is programmer from freelancer, please contact me, I converted the indicator

Hi fxprogrammer, thanks for your reply. Can you please show me how you converted the indicator?

What does this strategy do? I code a little bit in EasyLanguage but haven't picked it apart yet.

It looks good on the 5-minute visual test but have you backtested it? TradingView is an easy way to backtest a rough draft.

I am discretionary but have been looking at systematic.

Do you mind posting a picture of what it's supposed to look like? If so I can try to figure it out over the next couple days

markmanu 

Hi fxprogrammer, thanks for your reply. Can you please show me how you converted the indicator?

markmanu -
did you have any success using fxprogrammer's version?

fxprogrammer 

Hi, it is programmer from freelancer, please contact me, I converted the indicator

fxprogrammer -
hi am also interested in having this converted to tradestation. can you post a screenshot please of your converted version onto a chart (not the code) please before i contact you?

At least on TOS, this indicator will give false signals.