Conversion TrailingSL from TradingView

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  • #240233 quote
    Alera15
    Participant
    New

    Hi there!

    I was wondering if any coding expert could help convert this code from TradingView.

    Thanks in advance!

    Cheers,
    A

    //@version=5
    indicator("1.5 ATR From High and -1.5 ATR From Low", shorttitle = "TSL", overlay=true)
    
    // Input for ATR length
    atrLength = input.int(21, title="ATR Length")
    
    // Calculate the ATR
    atrValue = ta.atr(atrLength)
    
    // Variables to store the last higher low, last lower high, and their corresponding ATR lines
    var float lastHigherLow = na
    var float lastLowerHigh = na
    var float atrLineLow = na
    var float atrLineHigh = na
    
    // Detect higher low and lower high
    if (low > low[1] and (na(lastHigherLow) or low > lastHigherLow))
    lastHigherLow := low
    atrLineLow := lastHigherLow - 1.5 * atrValue
    
    if (high < high[1] and (na(lastLowerHigh) or high < lastLowerHigh)) lastLowerHigh := high atrLineHigh := lastLowerHigh + 1.5 * atrValue // Recalculate the lines if they're broken by a bar if (low < atrLineLow) lastHigherLow := low atrLineLow := lastHigherLow - 1.5 * atrValue if (high > atrLineHigh)
    lastLowerHigh := high
    atrLineHigh := lastLowerHigh + 1.5 * atrValue
    
    // Plot the -1.5 ATR from the low when a higher low occurs
    plot(na(atrLineLow) ? na : atrLineLow, color=color.red, linewidth=2, title="-1.5 ATR From Low")
    
    // Plot the 1.5 ATR from the high when a lower high occurs
    plot(na(atrLineHigh) ? na : atrLineHigh, color=color.blue, linewidth=2, title="1.5 ATR From High")

    For future posts use the Add PRT Code button.

    #240290 quote
    Iván González
    Moderator
    Master

    here you have the code

    once lastlowerhigh=high
    once lasthigherlow=low
    
    atrLength=21
    atrValue=averagetruerange[atrLength](close)
    
    if low>low[1] and low>lastHigherlow then
    lastHigherLow=low
    atrLineLow=lastHigherLow-1-5*atrValue
    endif
    
    if high<high[1] and high<lastLowerhigh then
    lastlowerhigh=high
    atrlinehigh=lastlowerhigh+1.5*atrvalue
    endif
    
    return atrlinelow as "-1.5 ATR from low"coloured("red"), atrlinehigh as "+1.5 ATR from High" coloured("blue")
    Alera15 thanked this post
    #240293 quote
    Alera15
    Participant
    New

    Thank you, but unfortunately, it doesn’t work. See the attachment for the differences between the TradingView and ProRealTime indicators.

    #240305 quote
    Iván González
    Moderator
    Master

    It's strange because the code I sent you matches the one on Tradingview. Since I didn't have an image of the indicator, I installed it on the TV and the results were identical… Ok. Now with the image you attached I understand what you want to program. Here is the code:

    atrLength=21
    atrValue=averagetruerange[atrLength](close)
    //---ATR Line Low
    once atrLineLow=0
    if low < atrLineLow[1] then
    atrLineLow=low-1.5*atrValue
    elsif low-1.5*atrValue>atrLineLow[1] then
    atrLineLow=low-1.5*atrValue
    else
    atrLineLow=atrLineLow
    endif
    //---ATR Line High
    once atrLineHigh=999999
    if high>atrLineHigh[1] then
    atrLineHigh=high+1.5*atrValue
    elsif high+1.5*atrValue<atrLineHigh[1] then
    atrLineHigh=high+1.5*atrValue
    else
    atrLineHigh=atrLineHigh
    endif
    //---Plot Lines when defined
    if atrLineLow<>0 and atrLineHigh<>999999 then
    LineLow=atrLineLow
    LineHigh=atrLineHigh
    else
    LineLow=undefined
    LineHigh=undefined
    endif
    //--------------------------------------------//
    return LineLow coloured("red"), LineHigh coloured("blue")
    
    Alera15 thanked this post
    #240340 quote
    Alera15
    Participant
    New

    Now it works perfectly, thank you so much!

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Conversion TrailingSL from TradingView


ProBuilder: Indicators & Custom Tools

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Alera15 @alera15 Participant
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This topic contains 4 replies,
has 2 voices, and was last updated by Alera15
1 year, 2 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 11/11/2024
Status: Active
Attachments: 2 files
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