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//Created by Chris Guthrie on September 11, 2016 study(title="Range_Outlier_Action", shorttitle="RNG_Outlier_Action", overlay=true) bsa = input(true, title="Display Buy-Sell Arrows") bsl = input(true, title="Display Buy-Sell Letters") //Moving Averages smaHI = sma(high, 10) smaLO = sma(low, 10) //Basic Criteria Schema plHI = plot(smaHI, title="High MA", style=line, linewidth=2, color=lime) plLO = plot(smaLO, title="Low MA", style=line, linewidth=2, color=red) fill(plHI, plLO, color=silver, transp=75) //Aggressive Trend Entry entryADT = smaHI < high and smaHI < high[1] and high < high[1] entryAUT = low < smaLO and low[1] < smaLO and low > low[1] //Conservative Trend Entry entryCDT = smaHI < high and smaHI < high [1] and high < high[1] and high < high [2] entryCUT = low < smaLO and low[1] < smaLO and low > low[1] and low > low[2] //Symbology //plotarrow(bsa and entryADT ? entryADT : na, title="Aggressive Down Trend Entry", colordown=red, maxheight=30, minheight=30, transp=0) //plotarrow(bsa and entryAUT ? entryAUT : na, title="Aggressive Up Trend Entry", colorup=lime, maxheight=30, minheight=30, transp=0) plotchar(bsl and entryCDT ? entryCDT : na, title="Conservative Down Trend Entry", offset=0, char='S', location=location.abovebar, color=red, transp=0) plotchar(bsl and entryCUT ? entryCUT : na, title="Conservative Up Trend Entry", offset=0, char='B', location=location.belowbar, color=lime, transp=0)
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Elliott Wave Ideas
Website: elliottwaveideas.com
Twitter: @chrisguthrieusa
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Elliott Wave Ideas
Website: elliottwaveideas.com
Twitter: @chrisguthrieusa
Facebook: https://www.facebook.com/LimitlessLifeSkills/
Whats the time range the chart has to be tried for better results? Please advise.
Thanks,
Shastry