Created
February 25, 2018 04:20
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GHOST indicator
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study(title="GHOST Indicator [@Bkawk]", shorttitle="GHOST Indicator [@bkawk]", overlay=true) | |
slime = #B7ED0A | |
blood = #FF4167 | |
inputBigTrend1 = input(850, minval=1, title="EMA1") | |
inputBigTrend2 = input(200, minval=1, title="EMA2") | |
inputEma = input(50, minval=1, title="EMA3") | |
inputConversion = input(9, minval=1, title="Conversion") | |
inputBase = input(26, minval=1, title="Base") | |
inputTinyTrend1 = input(8, minval=1, title="EMA4") | |
inputTinyTrend2 = input(41, minval=1, title="EMA5") | |
inputLong = input(3, minval=1, title="LAST CHANCE LONG") | |
inputShort = input(6, minval=1, title="LAST CHANCE SHORT") | |
bigTrend1 = ema(close, inputBigTrend1) | |
bigTrend2 = ema(close, inputBigTrend2) | |
tinyTrend1 = ema(close, inputTinyTrend1) | |
tinyTrend2 = ema(close, inputTinyTrend2) | |
averageLength(len) => avg(lowest(len), highest(len)) | |
smallTrendCalc1 = averageLength(inputConversion) | |
smallTrendCalc2 = averageLength(inputBase) | |
smallTrendMiddle = ema(close, inputEma) | |
goLong=close[1]>goLong[1]? max(hl2-(inputLong*atr(inputShort)),goLong[1]) : hl2-(inputLong*atr(inputShort)) | |
goShort=close[1]<goShort[1]? min(hl2+(inputLong*atr(inputShort)),goShort[1]) : hl2+(inputLong*atr(inputShort)) | |
go = close > goShort[1] ? 1: close< goLong[1]? -1: nz(go[1],1) | |
bigTrendLine1 = plot(bigTrend1, style = cross, color = black, transp = 100) | |
tinyTrendLine1 = plot(tinyTrend1, style = cross, color = black, transp = 100) | |
smallTrendLine1 = plot(smallTrendCalc1, style = cross, color = black, transp = 100) | |
bigAbove = plot(bigTrend2 >= bigTrend1 ? bigTrend2 : na, color = black, transp = 100) | |
bigBelow = plot(bigTrend2 < bigTrend1 ? bigTrend2 : na, color = black, transp = 100) | |
tinyAbove = plot(tinyTrend2 >= tinyTrend1 ? tinyTrend2 : na, color = black, transp = 100) | |
tinyBelow = plot(tinyTrend2 < tinyTrend1 ? tinyTrend2 : na, color = black, transp = 100) | |
smallAbove = plot(smallTrendCalc2 >= smallTrendCalc1 ? smallTrendCalc2 : na, color = black, transp = 100) | |
smallBelow = plot(smallTrendCalc2 <= smallTrendCalc1 ? smallTrendCalc2 : na, color = black, transp = 100) | |
plot(smallTrendMiddle, linewidth = 2, color = white) | |
fill(bigTrendLine1, bigBelow, blood, transp = 90) | |
fill(bigTrendLine1, bigAbove, slime, transp = 90) | |
fill(tinyTrendLine1, tinyBelow, slime, transp = 70) | |
fill(tinyTrendLine1, tinyAbove, blood, transp = 70) | |
fill(smallTrendLine1, smallBelow, slime, transp = 70) | |
fill(smallTrendLine1, smallAbove, blood, transp = 70) | |
plotshape(go == -1 and go[1] == 1 ? go : na, style=shape.labeldown, location=location.abovebar, color=blood) | |
plotshape(go == 1 and go[1] == -1 ? go : na, style=shape.labelup, location=location.belowbar, color=slime) | |
plotarrow(go == 1 and go[1] == -1 ? go : na, title="Last chance for a long entry", colorup=slime, maxheight=1000, minheight=980, transp=0) | |
plotarrow(go == -1 and go[1] == 1 ? go : na, title="Last Chance for a short entry", colordown=blood, maxheight=1000, minheight=980, transp=0) | |
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