Never mind, somebody on twitter did it for me. Here's a little gift to you all if you want to play with it. # Bullish/ Bearish Engulfing Alerts (Oversold/ Overbought) # Use with caution and in context of market. # Make sure to adjust settings that fits you best. # By Confluence Capital Group @ConfluenceCptl - 2017-12-04 # Addendum & thanks from @M0101X input length = 14;by MX01 - Trading Discussion
Hey there. Something else and question to anybody: Is somebody able to create a script to detect 'Bullish Engulfing' after price hit oversold levels either RSI or Stoch (20) and vice versa "Bearish Engulfing" after overbought (RSI/ Stoch 80)? And it would color the candles detected CYAN for bullish and PINK for bearish. This should be working for 1 minute and 5 minute charts too.by MX01 - Trading Discussion
Hmm not sure if this is better. I think I'll keep your previous code and mess with settingsby MX01 - Trading Discussion
Hmm but with this code adjustments there are no more arrows appearing at all? At least here. Can you check?by MX01 - Trading Discussion
Great, thanks so much again! I will have to play with settings and see how to avoid some bad signals. Cheers!by MX01 - Trading Discussion
Yes I guess K&D and arrow alert only when they turn up from 20 while HMA is green/ up. vice versa when HMA red and K&D come down from 80. Thanks much.by MX01 - Trading Discussion
I was only able to change the HMA settings but the arrows/ signals don't appear as desired. As per screenshot, the HMA input should be 250 and the arrows only appear when stoch is oversold (20) while HMA up/ green. And arrow down/ signal when stoch overbought (80) and HMA red. Sorry for the confusion, hope you could adjust the code? Jdubpwr Wrote: -------------------------------------by MX01 - Trading Discussion
Awesome, thanks! I must apologize. I noticed my variables were a bit flawed when I described it. I just now noticed it. The input HMA should be: 250. I changed that in your script. And the Stoch arrow should not appear when there's a stoch K/D cross but when the stoch goes oversold 20 and the HMA is up/ green. Below is a screenshot how I imagine it should work and where the signal shouldby MX01 - Trading Discussion
Awesome! By the way one small other question. How can I get sound alerts of signals that appear on a chart when a signal is lagging 1-2 candles? Usually ThinkScript has this line "Alert.BAR" but the sound alerts don't happen when the signal lags 1-2 candles. What would I need to replace "BAR" with?by MX01 - Trading Discussion
Hi Jdubpwr, yes that's correct: I don't care if above or below the HMA. The direction or color of HMA is more important. So if HMA is green and pointing up and Stoch oversold + cross of K/D then signal = ARROW UP. The HMA settings can be 20 but ideally this can be modified in study settings if possible? I need to test it and may use higher settings. Stoch Settings are fine with your 5,3,3by MX01 - Trading Discussion
Hey there. Great forum and lots of nice threads. I'm myself no coder so I'm not able to do anything with ThinkScript but I was wondering if somebody here could come up with a script for this: - If Hull Moving Average is pointing down and red + Stochastic overbought with a cross-over of K/D lines = ARROW DOWN - Vice versa if Hull Moving Average is pointing up and green + Stochastic oversoby MX01 - Trading Discussion
Hmm, I don't think he uses Williams Fractals here. If you look closely on his examples with progress screenshots the arrows appear right on the opening of a new reversal. I know WF's well and yes they suck for such reversals because they're lagging and not working like this. Jdubpwr Wrote: ------------------------------------------------------- > MX01, > > It looks like Wiby MX01 - Trading Discussion
If this is legit then congrats to you. But what's the point of boasting/ bragging here if you're not sharing or selling it? I see no point.by MX01 - Trading Discussion