Perfect Histogram Buy Sell Signals |
//www.aflcode.com _SECTION_BEGIN("Coppock Trade Signal v1.1"); //PARAMETERS: ROC1Periods =Param("ROC1 periods",14,2,200,1,0); ROC2Periods =Param("ROC2 periods",11,2,200,1,0); WMAPeriods =Param("WMA periods",10,2,200,1,0); CoppockCurve =ParamToggle("Use Coppock curve","No|Yes",0); CoppockBar =ParamToggle("Use Coppock bar","No|Yes",1); ColBull =ParamColor("Bull color",colorBlue); ColBear =ParamColor("Bear color",colorRed); UseTradeSignal =ParamToggle("Use trade signal","No|Yes",1); CoppockFilter =Param("Coppock filter",20,2,200,1,0); ColBuy =ParamColor("Buy color",colorBrightGreen); ColSell =ParamColor("Sell color",colorDarkRed); ColBg =ParamToggle("Show background color","No|Yes",1); //MAIN: Coppock=WMA((ROC(C,ROC1Periods)+ROC(C,ROC2Periods)),WMAPeriods); InitialCalculationLength=Max(ROC1Periods,ROC2Periods)+WMAPeriods; for(i=0;i<BarCount;i++) { if(i<InitialCalculationLength) //initial zero { Coppock[i]=0.0; if(UseTradeSignal){Buy=0; Sell=0;} } } LastCoppock1=Ref(Coppock,-1); LastCoppock2=Ref(Coppock,-2); TradeStatus=IIf(Coppock>0,IIf(Coppock>LastCoppock1,ColBull,IIf(Coppock<LastCoppock1,ColBear,IIf(Coppock==LastCoppock1 && LastCoppock1>LastCoppock2,ColBull,ColBear))), IIf(Coppock>LastCoppock1,ColBull,IIf(Coppock<LastCoppock1,ColBear,IIf(Coppock==LastCoppock1 && LastCoppock1>LastCoppock2,ColBull,ColBear)))); StyleTitle=IIf(CoppockCurve && CoppockBar,styleNoTitle,0); StyleLabel=IIf(CoppockCurve && CoppockBar,styleNoLabel,0); if(CoppockCurve) Plot(Coppock,"Coppock"+_PARAM_VALUES(),TradeStatus,styleLine|styleThick|StyleTitle|StyleLabel); if(CoppockBar) Plot(Coppock,"Coppock"+_PARAM_VALUES(),TradeStatus,styleHistogram|styleThick); if(UseTradeSignal) { CoppockIsBuy=TradeStatus==ColBull; CoppockIsSell=TradeStatus==ColBear; CoppockBuyValue=ValueWhen(CoppockIsBuy,Coppock,1); CoppockSellValue=ValueWhen(CoppockIsSell,Coppock,1); Buy=!Ref(CoppockIsBuy,-1) && Coppock<0 && CoppockIsBuy && abs(CoppockBuyValue)>=CoppockFilter; Sell=!Ref(CoppockIsSell,-1) && Coppock>0 && CoppockIsSell && abs(CoppockSellValue)>=CoppockFilter; PlotShapes(IIf(Buy,shapeUpArrow,shapeNone),ColBuy,0,Coppock,0); PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),ColSell,0,Coppock,0); } if(ColBg) SetChartBkGradientFill(ParamColor("BgTop",colorWhite),ParamColor("BgBottom",colorTeal)); _SECTION_END();
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