Reversal System written in exact VBA code

• 07/01/2022 at 10:26 PM #196573
  oyinloyea

  Kindly change to Prorealcode. Thanks in advance

  #System
  #PARAM “Wick_Multiplier”, 2.5, .5, 20
  #PARAM “Body_Percentage”, .25, .1, 1
  If C > O _
  AND (O – L) >= ((C – O) * Wick_Multiplier) _
  AND (H – C) <= ((H – L) * Body_Percentage) _
  OR C < O _
  AND (C – L) >= ((O – C) * Wick_Multiplier) _
  AND (H – C) <= ((H – L) * Body_Percentage) _
  OR C = O AND NOT C = H _
  AND (H – L) >= ((H – C) * Wick_Multiplier) _
  AND (H – C) <= ((H – L) * Body_Percentage) _
  OR O = H AND C = H _
  AND H – L >= AVG(H-L, 50) Then
  Signal = LongSignal
  ElseIf C < O _
  AND (H – O) >= ((O – C) * Wick_Multiplier) _
  AND (C – L) <= ((H – L) * Body_Percentage) _
  OR C > O _
  AND (H – C) >= ((C – O) * Wick_Multiplier) _
  AND (C – L) <= ((H – L) * Body_Percentage) _
  OR C = O AND NOT C = L _
  AND (H – L) >= ((C – L) * Wick_Multiplier) _
  AND (C – L) <= ((H – L) * Body_Percentage) _
  OR O = L AND C = L _
  AND H – L >= AVG(H-L, 50) Then
  Signal = ShortSignal
  End If

  

  oyinloyea

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  07/02/2022 at 7:17 AM #196593
  JS

  Wick Reversal Indicator

  WickMultiplier = 2.5 // min 0.5, max 20 BodyPercentage = .25 // min 0.1, max 1 TopBody = max(close, open) BottomBody = min(close, open) BodySize = TopBody - BottomBody TopWickSize = high - TopBody BottomWickSize = BottomBody - low WickRange = Average[50](high - low) BullSignal = (BottomWickSize > (WickMultiplier*BodySize)) and (close > (low + (WickRange*(1-BodyPercentage)))) BearSignal = (TopWickSize > (WickMultiplier*BodySize)) and (close < (low + (WickRange*BodyPercentage))) Return BullSignal as "BullSignal" Coloured(0,255,0) , BearSignal as "BearSignal" Coloured(255,0,0)

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  WickMultiplier = 2.5 // min 0.5, max 20 BodyPercentage = .25 // min 0.1, max 1   TopBody = max(close, open)   BottomBody = min(close, open)   BodySize = TopBody - BottomBody   TopWickSize = high - TopBody   BottomWickSize = BottomBody - low   WickRange = Average[50](high - low)   BullSignal = (BottomWickSize > (WickMultiplier*BodySize)) and (close > (low + (WickRange*(1-BodyPercentage))))   BearSignal = (TopWickSize > (WickMultiplier*BodySize)) and (close < (low + (WickRange*BodyPercentage)))   Return BullSignal as "BullSignal" Coloured(0,255,0) , BearSignal as "BearSignal" Coloured(255,0,0)

  Hi @oyinloyea

  I converted the code into a slightly more understandable version.

  1 user thanked author for this post.

  oyinloyea

  

  JS

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