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How do you put a consolidation into EL?


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  #11 (permalink)
Shaban
Turin + Italy
 
Posts: 201 since Feb 2020
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ShadowFox View Post
You can change this in the data symbol settings. Right click chart, edit symbol, scaling, uncheck the expand range to include studies option.

Thanks, it works now:

[img]https://i.postimg.cc/tJN3gjpX/Darvas-Box-2-risolto.jpg[/img]


For SunTrader: the download file contains only a text file with the formula of the indicator, there are no .Eld files;
it has already been downloaded several times, and it is 100% safe, I have just verified it with Virustotal (56 antivirus):

[img]https://i.postimg.cc/gcQC9K47/Virustotal-1.jpg[/img]
[img]https://i.postimg.cc/1tTjQ90F/Virustotal-2.jpg[/img]
[img]https://i.postimg.cc/7ZDQDtzK/Virustotal-3.jpg[/img]


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  #12 (permalink)
Shaban
Turin + Italy
 
Posts: 201 since Feb 2020
Thanks Given: 26
Thanks Received: 137

The Supertrend also identifies congestion phases well; the formula is this:

--------------------------------------------------------------
{SuperTrend - Indicator}


Inputs:
ATRLength(10), ATRMult(3), UpColor(green), DnColor(red);

vars:
ATR(0),
avg(0),
dn(0),
up(0),
trend(1),
flag(0),
flagh(0),
SuperTrend(0);

ATR = AvgTrueRange(ATRLength) * ATRMult;
avg = (high + low)/2;
up = avg + ATR;
dn = avg - ATR;

if close > up[1] then
trend = 1
else if close < dn[1] then
trend = -1;

if trend < 0 and trend[1] > 0 then flag=1 else flag=0;
if trend > 0 and trend[1] < 0 then flagh = 1 else flagh = 0;

if trend > 0 and dn < dn[1] then dn=dn[1];
if trend < 0 and up > up[1] then up=up[1];

if flag = 1 then up = avg + ATR;
if flagh = 1 then dn = avg - ATR;

if trend = 1 then SuperTrend = dn else SuperTrend = up;
Plot3(SuperTrend,"SuperTrend",iff(trend = 1, green, red));

------------------------------------------------------------------------------
[img]https://i.postimg.cc/nhgmdf6k/Supertrend.jpg[/img]


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  #13 (permalink)
Shaban
Turin + Italy
 
Posts: 201 since Feb 2020
Thanks Given: 26
Thanks Received: 137


For ShadowFox: You have a P.M.


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  #14 (permalink)
Shaban
Turin + Italy
 
Posts: 201 since Feb 2020
Thanks Given: 26
Thanks Received: 137

This Indicator is definitely better, but...unfortunately it is paid:

[img]https://i.postimg.cc/QCQYrMm0/Indicatore-Darvax-Box-1.png[/img]

[img]https://i.postimg.cc/QxDnJpNP/Indicatore-Darvas-Box-2.png[/img] image sharing website

[img]https://i.postimg.cc/Z5K714dx/Indicatore-Darvas-Box-3.png[/img]


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  #15 (permalink)
Shaban
Turin + Italy
 
Posts: 201 since Feb 2020
Thanks Given: 26
Thanks Received: 137

If it helps you, you could try the function: ChoppyMarketIndex, made by George Pruitt in his book:
Building Winning Trading System with Tradestation -2a ed, which was reported here:


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