Hello,
I have 1 request of making 1 new indicator by using 1 pre-made indicator to work properly as I described here
Using new "OIH_SR_Boxes_Turncoat_v1.0" by current project, new indicator will be made as followings below.
A new indicator will have 18 buffers as followings below.
v1 Common Top Box Upper
v2 Common Top Box Lower
v3 Common Bottom Upper
v4 Common Bottom Lower
v5 Verified Top Box Upper
v6 Verified Top Box Lower
v7 Verified Bottom Box Upper
v8 Verified Bottom Box Lower
v9 Verified Top Start ** -1.0 when the conditions were satisfied at the same time
v10 Verified Bottom Start ** 1.0 when the conditions were satisfied at the same time
v11 Turncoat Top Box Upper ** value in 5 decimals
v12 Turncoat Top Box Lower ** value in 5 decimals
v13 Turncoat Bottom Box Upper ** value in 5 decimals
v14 Turncoat Bottom Box Lower ** value in 5 decimals
v15 Turncoat Top Start ** 2.0 when the conditions were satisfied at the same time
v16 Turncoat Top End ** 1.0 when the conditions were satisfied at the same time
v17 Turncoat Bottom Start ** -2.0 when the conditions were satisfied at the same time
v18 Turncoat Bottom End ** -1.0 when the conditions were satisfied at the same time
Turncoat Top Start
1. Price_high <= Turncoat Res Upper value on the 2nd previous candle
&&
2. Price_close > Turncoat Res Upper value on the 1st previous candle
The, it will show DodgerBlue colored (line width 3, Wingdings 233) up_arrow below price_low on current candle.
And v5 (Turncoat Top Start) will have “2.0” on current candle.
Turncoat Top End
1. Price_close > Turncoat Res Upper value on current candle
&&
2. v6 (Turncoat Top End) == 1.0 on current candle
The, it will show SkyBlue colored (line width 3, Wingdings 234) dn_arrow above price_high on current candle.
The moment that I mentioned is when current “Turncoat Res” changed with “Turncoat Sup” on current candle.
Turncoat Bottom Start
1. Price_low >= Turncoat Sup Lower value on the 2nd previous candle
&&
2. Price_close < Turncoat Sup Lower value on the 1st previous candle
The, it will show OrangedRed colored (line width 3, Wingdings 234) dn_arrow above price_high on current candle.
And v7 (Turncoat Bottom Start) will have “-2.0” on current candle.
Turncoat Bottom End
1. Price_close < Turncoat Sup Lower value on current candle
&&
2. v8 (Turncoat Bottom End) == -1.0 on current candle
The, it will show Violet colored (line width 3, Wingdings 233) up_arrow below price_low on current candle.
The moment that I mentioned is when current “Turncoat Sup” changed with “Turncoat Res” on current candle.
Verified Sup
1. No Verified Sup exists on current candle
&&
2. Verified Sup happened on current candle
The, it will show Green colored (line width 3, Wingdings 233) up_arrow below price_low on current candle.
The moment that I mentioned is an instant moment when current “Verified Sup” happened on current candle.
Verified Res
1. No Verified Res exists on current candle
&&
2. Verified Res happened on current candle
The, it will show Crimson colored (line width 3, Wingdings 234) dn_arrow above price_high on current candle.
The moment that I mentioned is an instant moment when current “Verified Res” happened on current candle.
For more details, take a look at my attached document, please.
Thanks in advance,
David
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