Parabolic Shadow afl

#1
Hi
I have an idea on developing one indicator for senior and hope some one can creat the afl for
I want Indicator that draw the support ressistance line of parabolic (parabolic settings to be 0.05 ,0.05
the line will start to draw on third dot only and will move on each dot to show me the support ressistance line and if break the third line to trigger buy sell arrow and alert voice of the sar support ressistance breakout .I hope some one can creat it and post the afl for testing all timeframe
Thanks
 
#2
HI
First thing
here is a chart afl.have a look at it.
do physically confirm if your concept really works or not.

the code gives just price and sar.
Is it worth drawing s&r?
confirm by testing use papertrading.
I have seen often people come up with random ideas that readily fail.
later on we can add s&r.
actually a trailing stop or an ema may be of more help.
HTML:
//PARABOLIC SHADOW CODE
/*

I have an idea on developing one indicator for senior AND hope some one can creat the afl for
I want Indicator that draw the support ressistance line of parabolic (parabolic settings to be 0.05 ,0.05
the line will start to draw on third dot only AND will move on each dot to show me the support ressistance line 
AND if break the third line to trigger Buy Sell arrow AND alert voice of the SAR support ressistance breakout .I hope some one can creat it AND post the afl for testing all timeframe
Thanks
*/
SetChartBkColor(64);
_SECTION_BEGIN("SAR1");
acc = Param("Acceleration", 0.05, 0, 1, 0.001 );
accm = Param("Max. acceleration", 0.5, 0, 1, 0.001 );
SARCOLOR =IIf(C>SAR(0.05,0.5),colorAqua,colorYellow);
Plot( SAR( acc, accm ), _DEFAULT_NAME(), SARCOLOR, ParamStyle("Style", styleDots | styleNoLine, maskDefault | styleDots | styleNoLine ) );
_SECTION_END();
Plot(Close,"C",COLORCYCLE,styleCandle);
//ADD SUPPORT RESISTANCE
LB= Param("Look Back Periods",10,1,30,1);
R=ValueWhen(Cross(MA(C,LB),C),HHV(H,LB),1);
S=ValueWhen(Cross(C,MA(C,LB)),LLV(L,LB),1);
Plot (R,"Resz",colorRed,8+16);
Plot (s,"Supp",colorLightBlue,8+16);
 
Last edited:
#3
Tnanks for your help I will test it and come back to you .I have been trading stocks in my market for 15 years and forex for 7 years so all is with my experience but i am not a coder i use simple thing but different settings where i will see and i have something to confirm on buy sell which will be next filter after this tested .
 
#4
One more request can you add buy sell arrow when the break heapens and show me the breakout price dated of breakout on window where i can monitor it if the enrty is correct .Thanks
 

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