/////////////////////////////////////////////////////// // // SaherElm IT Center Chandelier Exit / Hull Trend ... // --------------------------------------------------- // saherelm implementation of above indicator ... // // Maintainer: // ------------ // Hadi Khazaee Asl (hadi_khazaee_asl@yahoo.com) // ////////////////////////////////////////////////////// // //@version=5 indicator(title="SaherElm Chandelier Exit/ Hull Trend Indicator", shorttitle = "XS_CEHULL_IND", overlay = true) // // START Inputs .... // // var string XCECalcGroup = 'Calculation' // // CE ... XCELength = input.int(title='ATR Period', defval=22, group=XCECalcGroup) XCEMult = input.float(title='ATR Multiplier', step=0.1, defval=3.0, group=XCECalcGroup) XCEUseClose = input.bool(title='Use Close Price for Extremums', defval=true, group=XCECalcGroup) // // Hull ... HUTRSrc = input.source(defval = hl2, title = "Source", group=XCECalcGroup) HUTRLength = input.int(defval = 23, title = "Length", group=XCECalcGroup) // var string XCEVisualGroup = 'Visuals' // XShowXCE = input.bool(title='Show XCE', defval=true, group=XCEVisualGroup) XShowXHull = input.bool(title='Show XHull', defval=true, group=XCEVisualGroup) // // CE ... XCEShowLabels = input.bool(title='Show Buy/Sell Labels', defval=true, group=XCEVisualGroup) XCEHighlightState = input.bool(title='Highlight State', defval=true, group=XCEVisualGroup) // // Hull ... HUTRShowCross = input.bool(defval = true, title = "Show cross over/under", group=XCEVisualGroup) // // END Inputs .... // // // START Functions .... // // HUTRHma(src, length)=> ta.wma((2 * ta.wma(src, length / 2)) - ta.wma(src, length), math.round(math.sqrt(length))) // HUTRHma3(src, length)=> p = length / 2 ta.wma(ta.wma(close, p / 3) * 3 - ta.wma(close, p / 2) - ta.wma(close, p) ,p) // // END Functions .... // // // START Calculations .... // // // CE ... // // Calculate ATR Value ... XCEAtr = XCEMult * ta.atr(XCELength) // // Long Calculations ... XCELongStop = (XCEUseClose ? ta.highest(close, XCELength) : ta.highest(XCELength)) - XCEAtr XCELongStopPrev = nz(XCELongStop[1], XCELongStop) XCELongStop := close[1] > XCELongStopPrev ? math.max(XCELongStop, XCELongStopPrev) : XCELongStop // // Short Calculations ... XCEShortStop = (XCEUseClose ? ta.lowest(close, XCELength) : ta.lowest(XCELength)) + XCEAtr XCEShortStopPrev = nz(XCEShortStop[1], XCEShortStop) XCEShortStop := close[1] < XCEShortStopPrev ? math.min(XCEShortStop, XCEShortStopPrev) : XCEShortStop // // Calculate Current Direction ... var int XCEDir = 1 XCEDir := close > XCEShortStopPrev ? 1 : close < XCELongStopPrev ? -1 : XCEDir // // Calculate Signals ... XCEBuySignal = XCEDir == 1 and XCEDir[1] == -1 XCESellSignal = XCEDir == -1 and XCEDir[1] == 1 // // Calculate Colors ... var color XCELongColor = color.green var color XCEShortColor = color.red var color XCELongFillColor = color.new(color.green, 90) var color XCEShortFillColor = color.new(color.red, 90) var color XCETextColor = color.new(color.white, 0) XCELongStateFillColor = XCEHighlightState ? XCEDir == 1 ? XCELongFillColor : na : na XCEShortStateFillColor = XCEHighlightState ? XCEDir == -1 ? XCEShortFillColor : na : na // // Hull ... // HUTRA = HUTRHma(HUTRSrc, HUTRLength) HUTRB = HUTRHma3(HUTRSrc, HUTRLength) HUTRColor = HUTRB > HUTRA ? color.lime : color.red // HUTRCrossDown = HUTRA > HUTRB and HUTRA[1] < HUTRB[1] HUTRCrossUp = HUTRB > HUTRA and HUTRB[1] < HUTRA[1] // // END Calculations .... // // // START Plots .... // // // CE ... // // Long Plots ... XCELongStopPlot = plot((XCEDir == 1 and XShowXCE) ? XCELongStop : na, title='Long Stop', style=plot.style_linebr, linewidth=2, color=color.new(XCELongColor, 0)) plotshape((XShowXCE and XCEBuySignal) ? XCELongStop : na, title='Long Stop Start', location=location.absolute, style=shape.circle, size=size.tiny, color=color.new(XCELongColor, 0)) plotshape((XShowXCE and XCEBuySignal and XCEShowLabels) ? XCELongStop : na, title='Buy Label', text='Buy', location=location.absolute, style=shape.labelup, size=size.tiny, color=color.new(XCELongColor, 0), textcolor=XCETextColor) // // Short Plots ... XCEShortStopPlot = plot((XCEDir == 1 or (not XShowXCE)) ? na : XCEShortStop, title='Short Stop', style=plot.style_linebr, linewidth=2, color=color.new(XCEShortColor, 0)) plotshape((XShowXCE and XCESellSignal) ? XCEShortStop : na, title='Short Stop Start', location=location.absolute, style=shape.circle, size=size.tiny, color=color.new(XCEShortColor, 0)) plotshape((XShowXCE and XCESellSignal and XCEShowLabels) ? XCEShortStop : na, title='Sell Label', text='Sell', location=location.absolute, style=shape.labeldown, size=size.tiny, color=color.new(XCEShortColor, 0), textcolor=XCETextColor) // // Filling Long and Short ... XCEMidPricePlot = plot(XShowXCE ? ohlc4 : na, title='', style=plot.style_circles, linewidth=0, display=display.none, editable=false) fill(XCEMidPricePlot, XCELongStopPlot, title='Long State Filling', color=XShowXCE ? XCELongStateFillColor : na) fill(XCEMidPricePlot, XCEShortStopPlot, title='Short State Filling', color=XShowXCE ? XCEShortStateFillColor : na) // // Hull ... // HUTRP1 = plot(series = XShowXHull ? HUTRA : na, color = color.new(HUTRColor, 75), linewidth = 1, title = "Upper Line") HUTRP2 = plot(series = XShowXHull ? HUTRB : na, color = color.new(HUTRColor, 75), linewidth = 1, title = "Downer Line") // fill(HUTRP1, HUTRP2, color = XShowXHull ? color.new(HUTRColor, 55) : na, title = "Cloud Fill") // plotshape((XShowXHull and HUTRShowCross and HUTRCrossDown) ? HUTRA : na, location = location.absolute, style = shape.labeldown, color = color.red, size = size.tiny, text = "Sell", textcolor = color.white, offset=-1) plotshape((XShowXHull and HUTRShowCross and HUTRCrossUp) ? HUTRA : na, location = location.absolute, style = shape.labelup, color = color.green, size = size.tiny, text = "Buy", textcolor = color.white, offset=-1) // // END Plots .... // // // START Alerts ... // // END Alerts ... //