Maribozu Indicator with Arrow and label

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07/03/2022 at 4:45 PM #196678 quote

oyinloyea
Participant

Veteran

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

07/04/2022 at 10:43 AM #196716 quote
robertogozzi
Moderator

Legend
There you go:
```
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)
DrawText("Marubozu",barindex,low - offset*2) coloured(0,255,0,255)
EndIf
Endif
If bigmarubozu Then
IF bearish then
DRAWARROWDOWN(barindex,high + offset) coloured(255,0,0,255)
DrawText("Marubozu",barindex,low - offset*2) coloured(255,0,0,255)
EndIf
Endif
Return
```
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Maribozu Indicator with Arrow and label

ProBuilder: Indicators & Custom Tools

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oyinloyea @oyinloyea Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
4 years, 2 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	07/03/2022
Status:	Active
Attachments:	No files

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