Scalper Buys/Sell Replica

[AndrewJackson 10]

Traderlu - thanks for your help on this indicator. I could use some your help on how should the code be written if I wanted to use it in a Radar screen on Tradestation? i changed the colors so the bars a blue for a short and white for a long...I am assuming this is the same code you have posted..

Thanks for your help!

 

The code is:

 

{Scalper Buys and Sells 7/18/2007

Written by Luis Gomez

inspired by John Carters "Mastering the Trade"

}

 

inputs:

buyColor(white),

sellColor(blue),

width(3);

variables:

highBarsAgo(1),

possibleHighBarsAgo(1),

possibleHigh(-2),

hightoBeat(-1),

barsSincePaint(1),

lowBarsAgo(1),

possibleLowBarsAgo(1),

possibleLow(10000001),

lowtoBeat(10000000),

triggerPriceSell(-1),

triggerPriceBuy(1000000),

trend(1),

_UP(1),

_DOWN(-1),

_ON(1),

_OFF(-1);

 

 

//***************************************************

//****** Find and plot the highest swing high *******

//***************************************************

 

if trend = _UP then begin

if swingHighBar(1,H,2,barsSincePaint+2) > -1 then begin

possibleHighBarsAgo = swingHighBar(1,H,2,barsSincePaint+2);

possibleHigh = H[possibleHighBarsAgo];

end;

 

if possibleHigh >= hightoBeat then begin

highBarsAgo = possibleHighBarsAgo;

hightoBeat = possibleHigh;

triggerPriceSell = L[HighBarsAgo - 1];

end;

 

if C < triggerPriceSell and

highest(high,highBarsAgo) < hightoBeat then begin

plotpb[highBarsAgo](H[highBarsAgo],L[highBarsAgo],"",sellColor);

alert("Scalper Sell");

trend = _DOWN;

barsSincePaint = highBarsAgo-1;

hightoBeat = -1;

lowtoBeat = 10000000;

triggerPriceBuy = 10000000;

triggerPriceSell = -1;

highBarsAgo = 1;

possibleHigh = -2;

end;

 

end;

 

//***************************************************

//****** Find and plot the lowest swing low *********

//***************************************************

 

if trend = _DOWN then begin

if swingLowBar(1,L,2,barsSincePaint+2) > -1 then begin

possibleLowBarsAgo = swingLowBar(1,L,2,barsSincePaint+2);

possibleLow = L[possibleLowBarsAgo];

end;

 

if possibleLow <= lowtoBeat then begin

lowBarsAgo = possibleLowBarsAgo;

lowtoBeat = possibleLow;

triggerPriceBuy = H[LowBarsAgo - 1];

end;

 

if C > triggerPriceBuy and

lowest(L,lowBarsAgo) > lowtoBeat then begin

plotpb[lowBarsAgo](H[lowBarsAgo],L[lowBarsAgo],"",buyColor);

alert("Scalper Buy");

trend = _UP;

barsSincePaint = lowBarsAgo-1;

possibleLow = 10000001;

lowtoBeat = 10000000;

hightoBeat = -1;

triggerPriceBuy = 10000000;

triggerPriceSell = -1;

lowBarsAgo = 1;

end;

 

end;

 

barsSincePaint = barsSincePaint+1;

if trend = _UP then highBarsAgo = highBarsAgo + 1;

if trend = _DOWN then lowBarsAgo = lowBarsAgo + 1;

setPlotWidth(1,width);

 

Code had a few problems because not in the code box.Here is the eld of the corrections in this post.

SCALPER BUYS AND SELLS.ELD

[julies 10]

Does anyone has similar indicator for Interactive Broker TWS?

Thanks In advance!

[Sohanbansode 10]

Hi....

 

Can we have this indicator for Metatrader.....mt4 or mt5?

 

am a trader from India.

 

I'd be really thankful if you do so

 

thanks in advance.

[prax 10]

Hi....

 

Can we have this indicator for Metatrader.....mt4 or mt5?

 

am a trader from India.

 

I'd be really thankful if you do so

 

thanks in advance.

 

off course you can use it. but it's an old thread, there's a chance this indicator wouldn't works well with new mt4 build.

[ravidevt 10]

Kindly post ShowMe version for Candlestick

[nakachalet 10]

are you trying to find someone to pay for what you showed here?

 

[zdo 20]

Kindly post ShowMe version for Candlestick

 

:helloooo:

 

Developer Last Online: Jun 2009

--------------------------------------------------------------------------------

Platform: Unknown

Rating: (4 votes - 5.00 average)

Released: 07-27-2007

Last Update: Never

Installs: 0

 

 

No support by the author.

 

ravidevt,

 

Looks like you might have to write your own ShowMe version for Candlestick