Maribozu Indicator with Arrow and label

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  • #196678

    I am trying to create a maribozu indicator with label . Please help Attached is my code. Thanks in advance

    DEFPARAM CalculateOnLastBars = 500
    Offset = 10 * pipsize
    Bearish = open > close
    Bullish = close > open
    bigmarubozu = abs(open-close)/range>=0.95 and range>=3*average[30](range)
    If bigmarubozu Then
    IF bullish then

    DRAWARROWUP(barindex,low – offset) coloured(0,255,0,255)
    EndIf
    Endif

    If bigmarubozu Then
    IF bearish then
    DRAWARROWDOWN(barindex,high + offset) coloured(255,0,0,255)
    EndIf
    Endif

    Return

    #196716

    There you go:

    2 users thanked author for this post.
Viewing 2 posts - 1 through 2 (of 2 total)

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