Tweak a Pine script indicator for TradingView to plot buy arrows with alert conditions
$10-30 USD
Completed
Posted almost 6 years ago
$10-30 USD
Paid on delivery
I simply need someone to add a part to the end of the below script that adds upward buy arrows with 'buy' alert conditions for this Volatility Stop indicator.
The main condition is that I don't want a green buy arrow to appear at every green cross, I only want it to appear once at the beginning of a run of green crosses / after each run of red crosses.
Below is the code. Should be a 5 minute job to someone who knows Pine script. Not a big job as I am already providing the bulk of the code for this indicator. Also I have attached an image with an example of where I want the arrows to make things clearer.
Thanks!
//@version=3
study("Volatility Stop Custom", shorttitle="VStop", overlay=false)
length = input(20)
mult = input(2)
atr_ = atr(length)
max1=0.0
min1=0.0
is_uptrend_prev = false
stop=0.0
vstop_prev=0.0
vstop1=0.0
is_uptrend=false
is_trend_changed=false
max_ = 0.0
min_ = 0.0
vstop=0.0
max1 := max(nz(max_[1]), close)
min1 := min(nz(min_[1]), close)
is_uptrend_prev := nz(is_uptrend[1], true)
stop := is_uptrend_prev ? max1 - mult * atr_ : min1 + mult * atr_
vstop_prev := nz(vstop[1])
vstop1 := is_uptrend_prev ? max(vstop_prev, stop) : min(vstop_prev, stop)
is_uptrend := close - vstop1 >= 0
is_trend_changed := is_uptrend != is_uptrend_prev
max_ := is_trend_changed ? close : max1
min_ := is_trend_changed ? close : min1
vstop := is_trend_changed ? is_uptrend ? max_ - mult * atr_ : min_ + mult * atr_ : vstop1
plot(vstop, color = is_uptrend ? green : red, style=cross, linewidth=2)