Cowabunga V2 Alert Trigger
Refer to forums.babypips.com/...cator-post30491.html
This is the converison from mql4 files, credits goes to original poster.
This is the converison from mql4 files, credits goes to original poster.
//@version=2
study(title="Cowabunga V2 Alert Trigger", shorttitle="CowabungaV2AlertTrigger", precision=0)
fastLength = input(defval=5, title="Fast MA Length", type=integer)
slowLength = input(defval=10, title="Slow MA Length", type=integer)
rsilength = input(defval=9, title="RSI Length", type=integer)
stochlength = input(defval=10, title="Stochastic Length", type=integer)
stirct4H = input(defval=true, title="Strict 4H", type=bool)
price = close
mafast15M = ema(price, fastLength)
maslow15M = ema(price, slowLength)
rsi15M = rsi(price, rsilength)
stoch15M1 = sma(stoch(close, high, low, stochlength), 3)
signal15M1 = sma(stoch15M1, 3)
stoch15M2 = stoch15M1[1]
signal15M2 = signal15M1[1]
[macdLine15M1, signalLine15M1, _] = macd(close, 12, 26, 9)
macdLine15M2 = macdLine15M1[1]
signalLine15M2 = signalLine15M1[1]
OsMA15M1 = macdLine15M1 - signalLine15M1
OsMA15M2 = macdLine15M2 - signalLine15M2
MACDChangebuy = OsMA15M2<0 and OsMA15M2<OsMA15M1
MACDChangesell = OsMA15M2>0 and OsMA15M2>OsMA15M1
mafast4H = security(tickerid, "240", mafast15M)
maslow4H = security(tickerid, "240", maslow15M)
rsi4H = security(tickerid, "240", rsi15M)
stoch4H1 = security(tickerid, "240", stoch15M1)
stoch4H2 = security(tickerid, "240", stoch15M2)
signal4H1 = security(tickerid, "240", signal15M1)
signal4H2 = security(tickerid, "240", signal15M2)
StochCHANGE4Hbuy = (stoch4H1>stoch4H2 and signal4H1>signal4H2) or (stoch4H1>signal4H1) ? 1 : 0
StochCHANGE4Hsell = (stoch4H1<stoch4H2 and signal4H1<signal4H2) or (stoch4H1<signal4H1) ? 1 : 0
StochCHANGE15Mbuy = (stoch15M1>stoch15M2 and signal15M1>signal15M2) or (stoch15M1>signal15M1 and stoch15M2<signal15M2) ? 1 : 0
StochCHANGE15Msell = (stoch15M1<stoch15M2 and signal15M1<signal15M2) or (stoch15M1<signal15M1 and stoch15M2>signal15M2) ? 1 : 0
maCrossover15M = crossover(mafast15M, maslow15M)
maAbove4H = mafast4H > maslow4H
maCrossunder15M = crossunder(mafast15M, maslow15M)
maUnder4H = mafast4H < maslow4H
trendBuyOn = stirct4H ? (maAbove4H and (rsi4H > 50) and StochCHANGE4Hbuy) : maAbove4H
trendSellOn = stirct4H ? (maUnder4H and (rsi4H < 50) and StochCHANGE4Hsell) : maUnder4H
valplot15M = (maCrossover15M and (rsi15M > 50) and StochCHANGE15Mbuy and MACDChangebuy and trendBuyOn ) ? 1 : ((maCrossunder15M and (rsi15M < 50) and StochCHANGE15Msell and MACDChangesell and trendSellOn ) ? 1 : 0)
//1 = buy, -1 = sell
plot(valplot15M, "cowabunga", color=red, linewidth=1, style=line)