Hello Nicolas,
I noticed those “extra” dots are frequent and it will be nice to fix that issue. Is is possible to add the reset of bullish/bearish to zero when the first break out is made to have cleaner result?
Hi Nicolas,
As concrete example, I attached the graph of eur/usd on 29 January 2016. you can see that there are 5 dots which do not correspond to any break out. I think it is better to not see them…
Do you have a code suggestion to fix these not relevant dots? I do not know how to do the variable reset you mentioned…
One other remark, I am very happy with the V10.3 and I think the visual representation can be better using drawrectangle and drawarrow functions.
Many thanks.
I found the correction myself. here is it:
// replace this part of the code
if count=candlescount then
patternbar = barindex
goodhh = hh
goodll = ll
else
bearish = 0
bullish = 0
endif
Many thanks mmichael, you saved me some times. Would you mind upload here the final version of the indicator? Thanks, have a nice Sunday!
Hello,
You are welcome Nicolas. Here is the complete final code I have:
PS.: the next step would be to bring some visual enhancements using the 10.3 functionnalities (drawline / drawrectangle)… But I am beginner, so if someone can help to do that enhancementit would be nice.
candlescount = 4
count = 0
for i = candlescount+1 downto 1 do
if i = candlescount+1 then
hh = high[i]
ll = low[i]
elsif i<candlescount+1 and high[i]<hh and low[i]>ll then
count=count+1
endif
next
if count=candlescount then
patternbar = barindex
goodhh = hh
goodll = ll
else //fix 23/10/2016 extra dots fix
bearish = 0
bullish = 0
endif
if barindex-patternbar<=3 then
bearish = 0
bullish = 0
if close crosses over goodhh then
bullish = low-3*pipsize
bearish = 0
color = 1
endif
if close crosses under goodll then
bearish = high+3*pipsize
bullish = 0
color = -1
endif
endif
return goodhh as "top", goodll as "bottom", bullish coloured by color as "bullish signals", bearish coloured by color as "bearish signals"
