Morning star and evening star pattern indicator!! HELP

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  • #78735 quote
    crolakstrading
    Participant
    Senior

    Hi all,

    I’m just trying to create an indicator for morning start and evening star pattern.. i have got most of it from a screener in the forum.. but not sure what i’m doing wrong and doesn’t work.. appreciate if anyone can help me out on this???

    just trying to get an arrow up or down when the morning or evening star appears ??

    DEFPARAM CalculateOnLastBars = 1000
    
    BaseCandle = 0
    Open0 = Open[BaseCandle]
    Close0 = Close[BaseCandle]
    Open1 = Open[BaseCandle + 1]
    Close1 = Close[BaseCandle + 1]
    Open2 = Open[BaseCandle + 2]
    Close2 = Close[BaseCandle + 2]
    Open3 = Open[BaseCandle + 3]
    Close3 = Close[BaseCandle + 3]
    
    // Control height
    DojiBody = ABS(Close1-Open1)
    HeightLong = 7*DojiBody
    
    // ++++++++++EVENING STAR++++++++++++
    // Calcul height candelstick 2 and 2
    CandleElong0 = ABS(Close0-Open0)
    CandleElong2 = ABS(Close0-Open0)
    
    // Validate Candlestick color + position
    CandleE0 = Open0 > Close0 And Open0 < Close1 AND (CandleElong0>=HeightLong)
    CandleE1 = Open1>Open0 AND Close1>Close0 AND Close1>Close2 AND Open1>Open2
    CandleE2 = Open2 < Close2 And Close2 > Close3 And Open3 < Close3 AND (CandleElong2>=HeightLong)
    
    EvStar = CandleE0 AND CandleE1 AND CandleE2
    
    
    // ++++++++++MORNING STAR++++++++++++
    // Calcul height candelstick 2 and 2
    CandleMlong0 = ABS(Close0-Open0)
    CandleMlong2 = ABS(Close0-Open0)
    // Validate Candlestick color + position
    CandleM0 = Open0 < Close0 And Open0 > Close1 AND (CandleMlong0>=HeightLong)
    CandleM1 = Open1<Open0 AND Close1<Close0 AND Open1<Open2 AND Close1<Close2
    CandleM2 = Open2 > Close2 And Close2 < Close3 And Open3 > Close3 AND (CandleMlong2>=HeightLong)
    
    //Morning Star
    MornStar =  CandleM0 AND CandleM1 AND CandleM2
    
    //Go Short
    If EvStar then
    DRAWARROWDOWN(CandleE1,LOW+5*pointsize) COLOURED(0,255,10)
    endif
    
    //Go Long
    If MornStar then
    DRAWARROWUP(CandleM1,LOW-5*pointsize) COLOURED(0,255,10)
    endif
    return
    #78739 quote
    Vonasi
    Moderator
    Master

    Have you seen this indicator here:

    Candlestick patterns recognition

    #78742 quote
    robertogozzi
    Moderator
    Master

    In lines 44 and 49 replace CandleE1 and CandleM1 with BARINDEX, in line 44 you should also replace Low with HIGH.

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Morning star and evening star pattern indicator!! HELP


ProBuilder: Indicators & Custom Tools

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This topic contains 2 replies,
has 3 voices, and was last updated by robertogozzi
7 years, 5 months ago.

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Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 08/21/2018
Status: Active
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