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    Script Premium in English

    Uploaded by

    Stephen van Heerden
    The document describes an indicator script with inputs for various parameters like period lengths, colors and signal types. It defines calculations for exponential moving averages on different timeframes and identifies buy and sell signals when the EMAs cross. The script then plots candles, support/resistance, and flag shapes to visually identify the signals on the chart.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd

    Script Premium in English

    Uploaded by

    Stephen van Heerden
    94 views2 pages
    The document describes an indicator script with inputs for various parameters like period lengths, colors and signal types. It defines calculations for exponential moving averages on different timeframes and identifies buy and sell signals when the EMAs cross. The script then plots candles, support/resistance, and flag shapes to visually identify the signals on the chart.

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    Script Premium in english

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    © © All Rights Reserved

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    The document describes an indicator script with inputs for various parameters like period lengths, colors and signal types. It defines calculations for exponential moving averages on different timeframes and identifies buy and sell signals when the EMAs cross. The script then plots candles, support/resistance, and flag shapes to visually identify the signals on the chart.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    94 views2 pages

    Script Premium in English

    Uploaded by

    Stephen van Heerden
    The document describes an indicator script with inputs for various parameters like period lengths, colors and signal types. It defines calculations for exponential moving averages on different timeframes and identifies buy and sell signals when the EMAs cross. The script then plots candles, support/resistance, and flag shapes to visually identify the signals on the chart.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    of 2

    instrument {overlay = true,

    name = 'Flag Script',


    overlay = true}

    input_group {
    "Buy",
    buy_color = input {default = "green", type = input.color}
    }

    input_group {
    "Max/Min Period",
    doch_time = input {default = "30", type = input.string}
    }

    input_group {
    "Micro Trend Period",
    emaa_per = input {default = "21", type = input.string}
    }

    input_group {
    "Macro Trend Period",
    emab_per = input {default = "200", type = input.string}
    }

    input_group {
    "Fast Moving Average",
    emac_per = input {default = "7", type = input.string}
    }

    input_group {
    "Slow Moving Average",
    emad_per = input {default = "17", type = input.string}
    }

    input_group {
    "Sell",
    sell_color = input {default = "red", type = input.color}
    }

    input_group {
    "Resistance",
    upline_color = input {default = "red", type = input.color}
    }

    input_group {
    "Support",
    lowline_color = input {default = "green", type = input.color}
    }

    input_group {
    "Candles",
    positive = input {default = "green", type = input.color},
    neutral = input {default = "white", type = input.color},
    negative = input {default = "red", type = input.color},
    }

    --PARAMETERS

    EMAA = ema(close, emaa_per)


    EMAB = ema(close, emab_per)
    EMAC = ema(hlc3, emac_per)
    EMAD = ema(hlc3, emad_per)
    upper = highest(high, doch_time)
    lower = lowest(low, doch_time)

    --CALCULATIONS

    TA = ((close > close[1]) and (close > EMAA) and (EMAA > EMAA[1]))
    TB = ((close < close[1]) and (close < EMAA) and (EMAA < EMAA[1]))
    ENC = ((EMAC[1] < EMAD[1]) and (EMAC > EMAD))
    ENV = ((EMAC[1] > EMAD[1]) and (EMAC < EMAD))

    sec = security(current_ticker_id, "1m")


    if sec then

    local bar_color

    if (TA == true) then


    bar_color = positive
    elseif (TB == true) then
    bar_color = negative
    else
    bar_color = neutral
    end

    plot_candle(open, high, low, close, "ES", bar_color)


    plot(upper, "Resistance", upline_color)
    plot(lower, "Support", lowline_color)

    --TRADING

    plot_shape((ENV),
    "SELL",
    shape_style.flag,
    shape_size.huge,
    sell_color,
    shape_location.abovebar,
    0,
    "PUT",
    sell_color)

    plot_shape((ENC),
    "BUY",
    shape_style.flag,
    shape_size.huge,
    buy_color,
    shape_location.belowbar,
    0,
    "CALL",
    buy_color)

    end

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