Code conversion needed: LEDGE ATR indicator

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02/22/2018 at 6:50 PM #63574 quote

crolakstrading
Participant

Senior

Hi Nicolas..
This is great. thanks very much! the enter lines were going 2o pips above from ATR so i changed it and made it in.. and change the colours.. please see pic + Red line is 20 pips below from ATR to short entry + Green line is 20 pips above from ATR to go long is there a way to move those RED and GREEN lines easily like adding variables.. lets i want go 30 pips instead of 20 pip? is there away to move them both 30 pips each way without going in and edit it!!.. is this possible?? thanks
Capture_2018_02_22_17_39_04_303.png

02/23/2018 at 9:49 AM #63624 quote

Nicolas
Keymaster

Master

Of course that’s possible. Just replace the points distance number in the code with a new variable and add it into the external variable tool. Easy.

02/26/2018 at 2:04 PM #63964 quote
crolakstrading
Participant

Senior
Hi Nicolas.. i have tried hard to add these point distance… please can you check what im doing wrong.. it doesn’t do anything???
```
defparam drawonlastbaronly=true
// --- parameters
ATRperiod = 14
// ---

dTR = 0
for i = 0 to ATRperiod
dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))
next

avg = dTR/ATRperiod
converted = round(avg/pointsize*10)/10

htr = Dlow(0)+avg[1]
ltr = Dhigh(0)-avg[1]

if intradaybarindex=0 then
begin=barindex
endif

// --- parameters
//EP = 20
// ---
drawsegment(begin,htr,barindex,htr) coloured(200,100,0)
drawsegment(begin,htr-20*pointsize,barindex,htr-20*pointsize) coloured(255,0,0) //EP
drawtext("#htr# - (D1atr: #converted#)",barindex,htr+10*pointsize,Dialog,Bold,10) coloured(200,100,0)
drawsegment(begin,ltr,barindex,ltr) coloured(200,100,0)
drawsegment(begin,ltr+20*pointsize,barindex,ltr+20*pointsize) coloured(0,255,0)//EP
drawtext("#ltr# - (D1atr: #converted#)",barindex,ltr-10*pointsize,Dialog,Bold,10) coloured(200,100,0)
drawsegment(begin,Dopen(0),barindex,Dopen(0)) coloured(255,250,250)

return
```
02/27/2018 at 9:28 PM #64079 quote

crolakstrading
Participant

Senior

Hi Nicolas.. a little help on this to make it work… really appreciated!!

03/02/2018 at 9:39 PM #64241 quote

crolakstrading
Participant

Senior

Hi Nicolas.. is there a way keep the daily ATR price the same from market open price without changing???? what mean is the opening price at midnight, the ATR at that time, then the high/low price that remains static throughout the day. one we get the daily ATR price when market opens 0000.. that ART price remins the same place without changing?? please advice? Many thanks

03/05/2018 at 2:08 PM #64442 quote
Nicolas
Keymaster

Master
Just make only one time the dTR calculation at first bar of the day:
```
if intradaybarindex=0 then 
 for i = 0 to ATRperiod
  dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))
 next
endif
```
03/05/2018 at 7:25 PM #64486 quote
crolakstrading
Participant

Senior
Hi nicolas, Please can you check below.. it doesn’t seem to work properly.. also attached a pic below what i meant!! sorry to bother you again still learning.. I really appreciate your help!!!
```
defparam drawonlastbaronly=true

// --- parameters
ATRperiod = 14
// ---

dTR = 0
if intradaybarindex=0 then
for i = 0 to ATRperiod
dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))
next
endif

avg = dTR/ATRperiod
converted = round(avg/pointsize*10)/10

htr = Dlow(0)+avg[1]
ltr = Dhigh(0)-avg[1]

if intradaybarindex=0 then
begin=barindex
endif

drawsegment(begin,htr,barindex,htr) coloured(255,255,0)
drawsegment(begin,htr+20*pointsize,barindex,htr+20*pointsize) coloured(255,0,0)
drawtext("#htr# - (D1atr: #converted#)",barindex,htr+10*pointsize,Dialog,Bold,10) coloured(255,255,0)
drawsegment(begin,ltr,barindex,ltr) coloured(255,255,0)
drawsegment(begin,ltr-20*pointsize,barindex,ltr-20*pointsize) coloured(0,255,0)
drawtext("#ltr# - (D1atr: #converted#)",barindex,ltr-10*pointsize,Dialog,Bold,10) coloured(255,255,0)
drawsegment(begin,Dopen(0),barindex,Dopen(0)) coloured(255,250,250)

return
```
Capture_2018_03_05_18_20_05_326.png
03/06/2018 at 10:26 AM #64556 quote
Nicolas
Keymaster

Master
Try this one:
```
defparam drawonlastbaronly=true

// --- parameters
ATRperiod = 14
// ---

if intradaybarindex=0 then
begin=barindex
reset=0
dTR = 0
endif

if reset=0 then
for i = 1 to ATRperiod
dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))
next
reset=1
endif

avg = dTR/ATRperiod
converted = round(avg/pointsize*10)/10

htr = Dlow(0)+avg[1]
ltr = Dhigh(0)-avg[1]

drawsegment(begin,htr,barindex,htr) coloured(255,255,0)
drawsegment(begin,htr+20*pointsize,barindex,htr+20*pointsize) coloured(255,0,0)
drawtext("#htr# - (D1atr: #converted#)",barindex,htr+10*pointsize,Dialog,Bold,10) coloured(255,0,0)
drawsegment(begin,ltr,barindex,ltr) coloured(255,255,0)
drawsegment(begin,ltr-20*pointsize,barindex,ltr-20*pointsize) coloured(0,255,0)
drawtext("#ltr# - (D1atr: #converted#)",barindex,ltr-10*pointsize,Dialog,Bold,10) coloured(255,0,0)
drawsegment(begin,Dopen(0),barindex,Dopen(0)) coloured(255,250,250)

return
```
03/06/2018 at 8:19 PM #64617 quote

crolakstrading
Participant

Senior

Hi Nicolas, Just few issues with this… not sure why when the price move up or down lower or higher ATR moves towards open price and above. please see the picture.. * D atr says 94.2 but the line is not 94.2 away from Open price 0000??
ATR-test.png

03/07/2018 at 3:18 PM #64680 quote
Nicolas
Keymaster

Master
Change lines 23 and 24 to:
```
htr = Dopen(0)+avg[1]
ltr = Dopen(0)-avg[1]
```
crolakstrading thanked this post
03/10/2018 at 11:13 PM #64978 quote
crolakstrading
Participant

Senior
Hi Nicolas… that works really well… thank you so much for this! is there a way to add price number to 20 pip above line at the moment its only the line..
```
drawsegment(begin,htr+20*pointsize,barindex,htr+20*pointsize) coloured(255,0,0)
```
How to add the price (number) on to this like your atr line? “#ltr# – (D1atr: #converted#)”
AUDJPY-WC-after.png
03/11/2018 at 6:12 PM #65010 quote

Nicolas
Keymaster

Master

crolakstrading wrote:
How to add the price (number) on to this like your atr line? “#ltr# – (D1atr: #converted#)”
Well, you already have everything in hands, examples at lines 28 and 31 of this post: https://www.prorealcode.com/topic/code-conversion-neededi/page/2/#post-64556
crolakstrading thanked this post

03/26/2018 at 11:15 PM #66491 quote

crolakstrading
Participant

Senior

Thank you very much Nicolas, I have been doing this strategy for past few weeks and given me 80% success on this. its really good!! would it be a possible thing to make a screener.. lets say when its near ATR that we get a signal for that??

03/27/2018 at 8:02 AM #66506 quote

Nicolas
Keymaster

Master

Sure, but could you explain the strategy please? I’m sure it will be of interest of many ones here. Thank you.
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03/27/2018 at 3:58 PM #66571 quote

crolakstrading
Participant

Senior

Of course. we want the market to stretch very quickly to daily ATR. once reach daily ATR you can enter aggressively at ATR or 20pips below or above! please see the picture to make it clear as this is today EURUSD. hope its clear?
ATR-today.png
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