kjhosken 

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

yeah i just started watching it this week and have seen a few already, but i would like to test it anyways in tradestation using the yellow line as a stop to try minimize losses.

Not a bad idea. If you could attach the logic for that stop to something that gives valid or only confirmed signals it might look really good

kjhosken 

Not a bad idea. If you could attach the logic for that stop to something that gives valid or only confirmed signals it might look really good

yep i agree. at the moment im thinking of using ATR as possible confirmation before entry.

How do I convert this in EasyLanguage

#CCI_CLOUDS
declare lower;
input cciLength2 = 5;
input cciAvgLength2 = 3;

input over_Sold = 20;
input over_Bought = 80;

plot OverBought = over_Bought;
OverBought.SetStyle(Curve.LONG_DASH);
plot OverSold = over_Sold;
OverSold.SetStyle(Curve.LONG_DASH);
#--------------------------------------------

plot CCI2 = .5 * CCI(length = cciLength2) + 50;
plot CCIAvg2 = Average(CCI2, cciAvgLength2);
plot CCI3 = ExpAverage(CCI2);
CCI2.SetStyle(Curve.SHORT_DASH);
CCI2.SetDefaultColor(GetColor(6));
CCIAvg2.SetDefaultColor(Color.RED);
CCI3.setDefaultColor(color.yellow);

AddCloud(CCI2, CCIAvg2, Color.GREEN, Color.RED);
AddCloud(CCI2, CCIAvg2, Color.GREEN, Color.RED);
AddCloud(CCIAvg2, CCI3, Color.GREEN, Color.RED);

Tell us what the code is doing, and post 3 screenshots. unless somebody knows both languages its unlikely somebody will be able to help. but if you tell us what its doing and how it looks, somebody could help out

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);

StockT8er 

How do I convert this in EasyLanguage #CCI_CLOUDS

see below... sorry dont know how to do the clouds portion, only the indicator.

 

Code

inputs: cciLength2(5), cciAvgLength2(3), over_sold(80), over_bought(20); vars: cci2(0), cciAvg2(0), cci3(0); cci2 = 0.5 * CCI(cciLength2) + 50; cciAvg2 = Average(cci2, cciAvgLength2); cci3 = Xaverage(cci2, 12); plot1(cci2, "cci2"); plot2(cciAvg2, "cciAvg2"); plot3(cci3, "cci3"); plot4(over_bought, "overbought"); plot5(over_sold, "oversold");

Thanks don't need cloud

The Swing Trade script works great, just don't get the bottom bar portion, not in your script

This would be Fantastic if you could get it to work during available trading hours
I include a script to add trading hrs, just not sure how to incorporate it into your script

input usetimefilter = yes;

#positioning
input rthopen = 0930;
input rthclose = 1600;
def RTH = if usetimefilter == yes then if SecondsFromTime(rthopen) >= 0 and
SecondstillTime(rthclose) >= 0
then 1
else 0 else 1;

Also would be nice if when it's getting close to triggering was to send an Alert

THIS IS A MONEY MAKER

In running your Study, it seams to have a sight flaw. The Buy Point and the Sell Point keep changing
In Order to use this as a strategy you need to have it readjust after an accrual BUY or SELL

Do you know how to fix this

def colorB = if isLastBar = (Color.GREEN) and color.CURRENT = (Color.DARK_GREEN) then 1 else 0;
def colorS = if isLastBar = (Color.RED) and color.CURRENT = (Color.DARK_RED) then 1 else 0;