myCandle V1.4

Info: Shows the range of previous candle, ATR 10 and EMA 20 of ATR10.

If ATR is greater than its average or Range greater then ATR the text will be displayed in orange =Better moves.

And the ranges between intraday daily hgh – low and the range of last five days as (<> 123/123).

IntradayTrend: Close over Centerline (Intraday Range) displayed green Text “IDT over” and revers red Text “IDT under”. The idea is when the price is over the middle intraday range then we have at the moment intraday a Bulltrend and revers.

Daytrend: Close over yesterday high displayed green Text “DT over” and revers under yesterday low red Text “DT under”. The idea is when the price is over yesterday high then we have at the moment ia daily Bulltrend and revers under low.

Centerline: Show the middle of the range between Intraday high and low as a dotted line.

High/LowIntraday: Show the intraday highest high and lowest low as line. High as line like a resist and low like a support. Or revers.

HighLow: Show the daily highest high and lowest low beginning on yesterday.

Arrows: Shows Arrows in green and red color. When the Price Trend (calculation in code) over EMA20 and OBV (On Balance Volume) over EMA10 and EMA20 displayed green Arrow and revers. Depends on “Trendforce” and / or “OBVforce” activation checkbox.

Trendforce: Trend strength is used to calculate the arrows. For this, “Arrows” must be also activated. Or also with “OBVforce”.

OBVforce: Volumen strength, based on OBV, is used to calculate the arrows. For this, “Arrows” must be also activated. Or also with “Trendforce”.

Example. You can deactivate for instrument whitout OBV/Volume Data. Forex, etc.

Periods10not20: Activated the calculation for Trendforce and OBVforce based on 10 period. Not actived 20 periods.

You can / should define the color zone yourself. One for course over / under Heikin Ashi Line and one for course over / under Centerline.
Of course you can show and hide everything as you like.

Update from https://www.prorealcode.com/prorealtime-indicators/mycandle-infos-v1-2/

I trade this in combination with Kombination mit myOutsidebar+Stop, myOpening Range…, MyThermometer

// myCandel-Infos-V1.3
// 18.06.2019 (Release 1.2)
// 18.04.2020 (Release 1.3)
// 01.05.2020(Release 1.4)
// Thomas Geisler
// Sharing ProRealTime knowledge
// https://www.prorealcode.com/library/

defparam drawonlastbaronly=true // Zeichung nur am letzten Bar

//--init--
alpha = 255
TP = myEATR/2  //Position for Infos
lookback = 1
// Info = 1
// IntradayTrend
// DayTrend = 1
// Centerline = 1
// HighLowIntraday = 1
// HighLow = 1
// Arrows = 1
// Trendforce = 1
// OBVforce = 1
//-- end--

//--Info--
// previous Candle Range[1] and ATR[10] and EMA-ATR[20]of ATR[1]
myRange = round(Range[1])
myATR = round(AverageTrueRange[10](close[0]))
myEATR = round(ExponentialAverage[20](AverageTrueRange[10](close[0])))

// Forex without round
//myRange = Range[1]
//myATR = AverageTrueRange[10](close[0])
//myEATR = ExponentialAverage[20](AverageTrueRange[10](close[0]))

//--centerline (DM0) and intraday range (DMR)
mytdayhigh=DHigh(0)
mytdaylow=DLow(0)
DM0 = (mytdayhigh-mytdaylow)/2+mytdaylow
DMR = round((mytdayhigh-mytdaylow))

//--rounded range of last five days
D1 = DHigh(1)-DLow(1)
D2 = DHigh(2)-DLow(2)
D3= DHigh(3)-DLow(3)
D4 = DHigh(4)-DLow(4)
D5 = DHigh(5)-DLow(5)
DMA = round((D1+D2+D3+D4+D5)/5)
//--end--


//--Dailys highest high and lowest Low--
if day <> day[1] then
dayindex = dayindex + 1
dayhigh = 0
daylow = close
//dayopen = open
//dayclose = close

if dayindex > lookback then
for j = 1 to barindex
if dayindex[j] = dayindex - lookback then
mydayhigh = dayhigh[j]
mydaylow = daylow[j]
break
endif
next
endif
endif

dayhigh = max(dayhigh,high)
daylow = min(daylow,low)
//--end--


//--show or not, Daily High / Low Line
if HighLow = 1then
mydayhigh2 = mydayhigh
mydaylow2 = mydaylow
endif
// change color od Day Hig/Low Lines
If mydayhigh[0] > mydayhigh[1] and mydaylow[0] > mydaylow[1] then
dha = 0
dhb = 255
dla = 255
dlb = 0
elsif mydayhigh[0] < mydayhigh[1] and mydaylow[0] < mydaylow[1] then
dha = 255
dhb = 0
dla = 0
dlb = 255
elsif mydayhigh[0] > mydayhigh[1] and mydaylow[0] < mydaylow[1] or mydayhigh[0] < mydayhigh[1] and mydaylow[0] > mydaylow[1]then
dha = 255
dhb = 153
dla = 255
dlb = 153
endif
//--end--


//--show or not, centerline, center of range between intraday high/low--
If CenterLine = 1 then
mytdaycenter = DM0
else
mytdaycenter = undefined
endif

if mytdaycenter[0] > mytdaycenter[1] then
cla = 0
clb = 255
elsif mytdaycenter[0] < mytdaycenter[1] then
cla = 255
clb = 0
endif
//--end--


// Ranges Candels in different colour and print today daily range (High/Low)
If Info = 1 then
DrawText("                           <> #DMR#/#DMA#",barindex,open+TP+TP,Dialog,Bold,10) coloured(153,153,153,alpha)
if myATR > ExponentialAverage[20](myATR)  or myRange > myATR then
DrawText("                           #myRange#/#myATR#/#myEATR#",barindex,open,Dialog,Bold,10) coloured(255,153,0,alpha)
else
DrawText("                           #myRange#/#myATR#/#myEATR#",barindex,open,Dialog,Bold,10) coloured(153,153,153,alpha)
endif
endif
//--end--

//-- proof close over/under Centerline and/or close over/under yesterday high/low--
If DayTrend = 1 then
if close < mydayhigh[1] and close > mydaylow[1] then
DrawText("                         DT inside",barindex,open+TP,Dialog,Bold,10) coloured(153,153,153,alpha)
elsif close > mydayhigh[1] then
DrawText("                         DT over",barindex,open+TP,Dialog,Bold,10) coloured(0,255,0,alpha)
elsif close < mydaylow[1] then
DrawText("                         DT under",barindex,open+TP,Dialog,Bold,10) coloured(255,0,0,alpha)
endif
endif

If IntradayTrend = 1 then
if close > DM0 then
DrawText("                         IDT over",barindex,open-TP,Dialog,Bold,10) coloured(0,255,0,alpha)
else
DrawText("                         IDT under",barindex,open-TP,Dialog,Bold,10) coloured(255,0,0,alpha)
endif
endif
//--end--

//--Show Intraday HighLow as dotted line--
If HighLowIntraday = 1 then
mytdayhigh = DHigh(0)
mytdaylow = DLow(0)
else
mytdayhigh = undefined
mytdaylow = undefined
endif
//--end--

//--Arrows--
//Trend bzw Trend force
if Arrows = 1 then
if Periods10not20 = 1 then //Periods 10
BullTrend = (Close - LOWEST[10](LOW)) / AVERAGETRUERANGE[10]
BearTrend = (HIGHEST[10](HIGH) - Close) / AVERAGETRUERANGE[10]
Trend = (BullTrend - BearTrend)
TrendEMA = ExponentialAverage[10](Trend)
// On Balance Volumen zur Bestimmung der Kaufkraft der Bewegung/Trend
myOBV = OBV
myOBVA1 = ExponentialAverage[10](myOBV)
else //Periods 20
BullTrend = (Close - LOWEST[20](LOW)) / AVERAGETRUERANGE[20]
BearTrend = (HIGHEST[20](HIGH) - Close) / AVERAGETRUERANGE[20]
Trend = (BullTrend - BearTrend)
TrendEMA = ExponentialAverage[20](Trend)
// On Balance Volumen zur Bestimmung der Kaufkraft der Bewegung/Trend
myOBV = OBV
myOBVA1 = ExponentialAverage[20](myOBV)
endif
if Trendforce = 1 and OBVforce = 1 then
If Trend > TrendEMA and myOBV > myOBVA1 then //and myOBV > myOBVA2 then
DRAWARROWup(barindex,low-TP) coloured(0,255,0,alpha)
elsif Trend < TrendEMA and myOBV < myOBVA1 then //and myOBV < myOBVA2 then
DRAWARROWdown(barindex,high+TP)coloured(255,0,0,alpha)
endif
elsIf OBVforce = 1 and not Trendforce then
if myOBV > myOBVA1 then //and myOBV > myOBVA2 then
DRAWARROWup(barindex,low-TP) coloured(0,255,0,alpha)
elsif myOBV < myOBVA1 then //and myOBV < myOBVA2 then
DRAWARROWdown(barindex,high+TP)coloured(255,0,0,alpha)
endif
elsIf Trendforce = 1 and not OBVforce then
if Trend > TrendEMA then
DRAWARROWup(barindex,low-TP) coloured(0,255,0,alpha)
elsif Trend < TrendEMA then
DRAWARROWdown(barindex,high+TP)coloured(255,0,0,alpha)
endif
endif
endif
//--end--

// Show or not Heikin Ashi Line
if HAline = 1 then
once haOpen = open
once haClose = Close
N = 0

if barindex = 0 then
haOpen = open
haClose = close
elsif N = 0 then
haClose =(Open+High+Low+Close)/4
haOpen =(haOpen[1]+haClose[1])/2
endif

if haOpen[0] > haOpen[1] then
haa = 0
hab = 255
else
haa = 255
hab = 0
endif
endif
//--end--

// To show Outsidebar use external Indicator OutsideBarColorSolo.itf

Return mydayhigh2 COLOURED (dha,dhb,0)style(line,3) AS "High", mydaylow2 COLOURED (dla,dlb,0)style(line,3) AS "Low", mytdayhigh COLOURED (0,204,255)style(dottedline,1) AS "Today High", mytdaylow COLOURED (204,102,0)style(dottedline, 1) AS "Today Low", mytdaycenter COLOURED (cla,clb,0 )style(line,2) as "Today Centerline", haOpen COLOURED (haa,hab,0 )style(dottedline,1)as "Heikin Ashi Line"

// End and make money

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// myCandel-Infos-V1.3

// 18.06.2019 (Release 1.2)

// 18.04.2020 (Release 1.3)

// 01.05.2020(Release 1.4)

// Thomas Geisler

// Sharing ProRealTime knowledge

// https://www.prorealcode.com/library/

defparam drawonlastbaronly=true // Zeichung nur am letzten Bar

//--init--

alpha = 255

TP = myEATR/2 //Position for Infos

lookback = 1

// Info = 1

// IntradayTrend

// DayTrend = 1

// Centerline = 1

// HighLowIntraday = 1

// HighLow = 1

// Arrows = 1

// Trendforce = 1

// OBVforce = 1

//-- end--

//--Info--

// previous Candle Range[1] and ATR[10] and EMA-ATR[20]of ATR[1]

myRange = round(Range[1])

myATR = round(AverageTrueRange[10](close[0]))

myEATR = round(ExponentialAverage[20](AverageTrueRange[10](close[0])))

// Forex without round

//myRange = Range[1]

//myATR = AverageTrueRange[10](close[0])

//myEATR = ExponentialAverage[20](AverageTrueRange[10](close[0]))

//--centerline (DM0) and intraday range (DMR)

mytdayhigh=DHigh(0)

mytdaylow=DLow(0)

DM0 = (mytdayhigh-mytdaylow)/2+mytdaylow

DMR = round((mytdayhigh-mytdaylow))

//--rounded range of last five days

D1 = DHigh(1)-DLow(1)

D2 = DHigh(2)-DLow(2)

D3= DHigh(3)-DLow(3)

D4 = DHigh(4)-DLow(4)

D5 = DHigh(5)-DLow(5)

DMA = round((D1+D2+D3+D4+D5)/5)

//--end--

//--Dailys highest high and lowest Low--

if day <> day[1] then

dayindex = dayindex + 1

dayhigh = 0

daylow = close

//dayopen = open

//dayclose = close

if dayindex > lookback then

for j = 1 to barindex

if dayindex[j] = dayindex - lookback then

mydayhigh = dayhigh[j]

mydaylow = daylow[j]

break

endif

dayhigh = max(dayhigh,high)

daylow = min(daylow,low)

//--end--

//--show or not, Daily High / Low Line

if HighLow = 1then

mydayhigh2 = mydayhigh

mydaylow2 = mydaylow

endif

// change color od Day Hig/Low Lines

If mydayhigh[0] > mydayhigh[1] and mydaylow[0] > mydaylow[1] then

dha = 0

dhb = 255

dla = 255

dlb = 0

elsif mydayhigh[0] < mydayhigh[1] and mydaylow[0] < mydaylow[1] then

dha = 255

dhb = 0

dla = 0

dlb = 255

elsif mydayhigh[0] > mydayhigh[1] and mydaylow[0] < mydaylow[1] or mydayhigh[0] < mydayhigh[1] and mydaylow[0] > mydaylow[1]then

dha = 255

dhb = 153

dla = 255

dlb = 153

endif

//--end--

//--show or not, centerline, center of range between intraday high/low--

If CenterLine = 1 then

mytdaycenter = DM0

else

mytdaycenter = undefined

endif

if mytdaycenter[0] > mytdaycenter[1] then

cla = 0

clb = 255

elsif mytdaycenter[0] < mytdaycenter[1] then

cla = 255

clb = 0

endif

//--end--

// Ranges Candels in different colour and print today daily range (High/Low)

If Info = 1 then

DrawText(" <> #DMR#/#DMA#",barindex,open+TP+TP,Dialog,Bold,10) coloured(153,153,153,alpha)

if myATR > ExponentialAverage[20](myATR) or myRange > myATR then

DrawText(" #myRange#/#myATR#/#myEATR#",barindex,open,Dialog,Bold,10) coloured(255,153,0,alpha)

else

DrawText(" #myRange#/#myATR#/#myEATR#",barindex,open,Dialog,Bold,10) coloured(153,153,153,alpha)

endif

//--end--

//-- proof close over/under Centerline and/or close over/under yesterday high/low--

If DayTrend = 1 then

if close < mydayhigh[1] and close > mydaylow[1] then

DrawText(" DT inside",barindex,open+TP,Dialog,Bold,10) coloured(153,153,153,alpha)

elsif close > mydayhigh[1] then

DrawText(" DT over",barindex,open+TP,Dialog,Bold,10) coloured(0,255,0,alpha)

elsif close < mydaylow[1] then

DrawText(" DT under",barindex,open+TP,Dialog,Bold,10) coloured(255,0,0,alpha)

endif

If IntradayTrend = 1 then

if close > DM0 then

DrawText(" IDT over",barindex,open-TP,Dialog,Bold,10) coloured(0,255,0,alpha)

else

DrawText(" IDT under",barindex,open-TP,Dialog,Bold,10) coloured(255,0,0,alpha)

endif

//--end--

//--Show Intraday HighLow as dotted line--

If HighLowIntraday = 1 then

mytdayhigh = DHigh(0)

mytdaylow = DLow(0)

else

mytdayhigh = undefined

mytdaylow = undefined

endif

//--end--

//--Arrows--

//Trend bzw Trend force

if Arrows = 1 then

if Periods10not20 = 1 then //Periods 10

BullTrend = (Close - LOWEST[10](LOW)) / AVERAGETRUERANGE[10]

BearTrend = (HIGHEST[10](HIGH) - Close) / AVERAGETRUERANGE[10]

Trend = (BullTrend - BearTrend)

TrendEMA = ExponentialAverage[10](Trend)

// On Balance Volumen zur Bestimmung der Kaufkraft der Bewegung/Trend

myOBV = OBV

myOBVA1 = ExponentialAverage[10](myOBV)

else //Periods 20

BullTrend = (Close - LOWEST[20](LOW)) / AVERAGETRUERANGE[20]

BearTrend = (HIGHEST[20](HIGH) - Close) / AVERAGETRUERANGE[20]

Trend = (BullTrend - BearTrend)

TrendEMA = ExponentialAverage[20](Trend)

// On Balance Volumen zur Bestimmung der Kaufkraft der Bewegung/Trend

myOBV = OBV

myOBVA1 = ExponentialAverage[20](myOBV)

endif

if Trendforce = 1 and OBVforce = 1 then

If Trend > TrendEMA and myOBV > myOBVA1 then //and myOBV > myOBVA2 then

DRAWARROWup(barindex,low-TP) coloured(0,255,0,alpha)

elsif Trend < TrendEMA and myOBV < myOBVA1 then //and myOBV < myOBVA2 then

DRAWARROWdown(barindex,high+TP)coloured(255,0,0,alpha)

endif

elsIf OBVforce = 1 and not Trendforce then

if myOBV > myOBVA1 then //and myOBV > myOBVA2 then

DRAWARROWup(barindex,low-TP) coloured(0,255,0,alpha)

elsif myOBV < myOBVA1 then //and myOBV < myOBVA2 then

DRAWARROWdown(barindex,high+TP)coloured(255,0,0,alpha)

endif

elsIf Trendforce = 1 and not OBVforce then

if Trend > TrendEMA then

DRAWARROWup(barindex,low-TP) coloured(0,255,0,alpha)

elsif Trend < TrendEMA then

DRAWARROWdown(barindex,high+TP)coloured(255,0,0,alpha)

endif

//--end--

// Show or not Heikin Ashi Line

if HAline = 1 then

once haOpen = open

once haClose = Close

N = 0

if barindex = 0 then

haOpen = open

haClose = close

elsif N = 0 then

haClose =(Open+High+Low+Close)/4

haOpen =(haOpen[1]+haClose[1])/2

endif

if haOpen[0] > haOpen[1] then

haa = 0

hab = 255

else

haa = 255

hab = 0

endif

//--end--

// To show Outsidebar use external Indicator OutsideBarColorSolo.itf

Return mydayhigh2 COLOURED (dha,dhb,0)style(line,3) AS "High", mydaylow2 COLOURED (dla,dlb,0)style(line,3) AS "Low", mytdayhigh COLOURED (0,204,255)style(dottedline,1) AS "Today High", mytdaylow COLOURED (204,102,0)style(dottedline, 1) AS "Today Low", mytdaycenter COLOURED (cla,clb,0 )style(line,2) as "Today Centerline", haOpen COLOURED (haa,hab,0 )style(dottedline,1)as "Heikin Ashi Line"

// End and make money

ATR HighLow intraday range trend

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments :

Filename : download the ITF files

How to import ITF files into ProRealTime platform?

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Regan2020 Hi, has anybody update the above code to enable on a 15m or 5m TF?

gigi64 ik heb de code op mijn pro realtime gezet , en bij indicator staat hij erbij maar komt niet ...

gigi64 I have put the code on my pro realtime, and it is on the indicator, but it does not appear o...

supertiti Thanks you so much Lucassen

dreif123 hi, copied the above code, not working on 10.3 the system says "return can only be used at ...

LUCASSEN Hallo , i have no problem , and i have the same versie 10.3, maybe you can ask Nicolas, tha...

Nicolas si il n'y a pas de stoploss définit dans le code, alors c'est normal :)

bertrandpinoy bonjour merci pour la réponse. Oui b sur ... est il possible que le SL soit coder sous une a...

Nicolas ok mais pourquoi poser la question ici ? Pour des questions non spécifique à cette article, ...

Krallenmann Hallo Nicolas, kannst du mir die Regeln für den Halftrend Indikator sagen? Aus dem Code kann...

davefransman Dear Nicolas, i want set a alert on the "HalfTrend "custom moving average" met Heikin Ashi w...

Nicolas Please post the question in a new forum topic, that would need custom coding I believe.

Lyam Pareil ne marche pas dommage

ahmedbouaziz89 Bonjour, quand j'ajoute le code ou le fichier dans l'outils screeners de Prorealtime je ne v...

tyvix Bonjour le code marche bien c est juste qu'il n y a pas d opportunité au moment ou vous le...

verdi55 Is there such a thing as a free lunch ?

maceng Thanks Nicolas for this great work! I would like to understand the math behind it in order t...

Nicolas Sorry I have no time to provide assistance for python programmers. Have a good day.

Maz Hi all, firstly happy to know that this is helping you. I look into updating it for PRT11 wh...

Nicolas just use 3 times a linear regression channel code you will find in the library.

leederbyshire Here's the link to alternative linear regression channel indicator Nicolas is referring to t...

julien1978 The ADR value that is plotted intraday does not match the value of the regular ATR indicator...

Fab666 I've tried to get a fix for this also but no luck, it doesn't print the correct data as far ...

Seabiscuit Hi! With the new PRT update, this indicator does not work anymore

Wing Yes, investigate as much as you want. For more insight, you can view the linet1, linet2 etc....

CKW Hi Wing, Thanks for your sharing. I am still trying to breakdown & understand your code...

Wing Hello CKW. No, the parameter, 7 in this case, is used when calling the RSI indicator to ide...

Nacho Buenos días Raul, tengo puesto este sistema desde hace unos días en una cuenta demo en la ve...

Dominik Hola Raul ... it looks wonderful :-) Why does it not work if I use less than 100,000 € capi...

Bobbi Hola y gracias por compartir! Descubrí que en 5 minutos teníamos algo muy bueno! Pero no ...

Nicolas Je vais faire l'indicateur et expliquer comment en même temps dans un sujet de forum. Plus s...

gregus merci nicolas toute ma gratitude est pour toi sa sera bien pratique car je pense ne pas etre...

Nicolas Ok merci donc d'ouvrir un sujet spécifique pour cette demande donc :)

algotrader This indicator looks coolBut on attempt to use it for a strategy dev'I get an error.."The in...

dajvop @algotrader if you at the bottom of the code add: RETURN Buffer1 as "up", Buffer2 as "down",...

Bateson Si cela peut servir, l'indicateur Sadukey a été créé en utilisant un générateur de filtre ap...

Guibourse Hi ! I am asking once again for your help : would it be possible to use the ATR as a "take p...

Tradingrob Many thanks for the indicator, however if the price is below the indicator, then the indicat...

aldtrading Merci pour ton travail ! J'ai de bons résultats en utilisant cet indicateur

Arnaud HALVICK Great indicator, thank you!

JMat45 Hi Nicolas, just reviewing this indicator and noticed that you have double assigned the vari...

Nicolas That would not make any difference because the code is read from top to bottom.

Nicolas Use the wrench of the price chart! Upper left of the window

Dymjohn The wrench shows options for the components of the indicator not how to show in the main cha...

Nicolas http://www.prorealcode.com/topic/overlapping-indicators/

MikeGC I don't know if you have used the variables a and b to optimise the parameters for the Super...

gianpiero75 I have not optimized, I multiplied the parameters for 6 (5,8), to use them on the 4 hoursTF...

bertrandpinoy bonjour Mike j utilise TrendChaser V2.0 et quand il prend position cela ne programme pas le ...

Doctrading Hello, The strategy should be improved, no doubt. But it was just one of my ideas, which h...

ALEALE Yes Nicolas is very difficult, macro economic data can destroy any work!!

styrke depends which.. I personally think that it's much more easier to trade on XBTUSD, try to co...

David Thanks for the explanation Nicolas.

freecat1899 Hello, I wanted to create a percent ADR based on this indicator, so I wrote this code that I...

revstrat At first glance, I see this mistake. You shouldn't average the highs and the lows. You shoul...

eisi If i switch between different Markets, the Backgroundcolour will appear where it should not...

datageek How can I get alerts on colour change?

NAMBO40 Hello, I would like to add a 25 period SMA moving average. It's possible?

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