Williams Vix Fix Text Plots! Alert Capable!
Use With Lower Indicator or as Single Indicator!
Has Text Plots For All Plot Types Lower Indicator Uses.
To Get Lower Indicator:
Info On Lower Indicator - Discussion:
Use With Lower Indicator or as Single Indicator!
Has Text Plots For All Plot Types Lower Indicator Uses.
To Get Lower Indicator:
Info On Lower Indicator - Discussion:
Coming Soon: www.ChrisMoodyTrading.com
//Created By ChrisMoody on 3-3-2015 To Go With Lower Indicator...Or Use Seperately study(title="CM_Williams_Vix_Fix_V3_Upper_Text-Plots", shorttitle="CM_WVF_V3_Upper_Text-Plots", overlay=true) //Inputs Tab Criteria. pd = input(22, title="LookBack Period Standard Deviation High") bbl = input(20, title="Bolinger Band Length") mult = input(2.0 , minval=1, maxval=5, title="Bollinger Band Standard Devaition Up") lb = input(50 , title="Look Back Period Percentile High") ph = input(.85, title="Highest Percentile - 0.90=90%, 0.95=95%, 0.99=99%") new = input(false, title="-------Text Plots Below Use Original Criteria-------" ) sbc = input(false, title="Show Text Plot if WVF WAS True and IS Now False") sbcc = input(false, title="Show Text Plot if WVF IS True") new2 = input(false, title="-------Text Plots Below Use FILTERED Criteria-------" ) sbcFilt = input(true, title="Show Text Plot For Filtered Entry") sbcAggr = input(true, title="Show Text Plot For AGGRESSIVE Filtered Entry") ltLB = input(40, minval=25, maxval=99, title="Long-Term Look Back Current Bar Has To Close Below This Value OR Medium Term--Default=40") mtLB = input(14, minval=10, maxval=20, title="Medium-Term Look Back Current Bar Has To Close Below This Value OR Long Term--Default=14") str = input(3, minval=1, maxval=9, title="Entry Price Action Strength--Close > X Bars Back---Default=3") //Alerts Instructions and Options Below...Inputs Tab new4 = input(false, title="-------------------------Turn On/Off ALERTS Below---------------------" ) new5 = input(false, title="----To Activate Alerts You HAVE To Check The Boxes Below For Any Alert Criteria You Want----") sa1 = input(false, title="Show Alert WVF = True?") sa2 = input(false, title="Show Alert WVF Was True Now False?") sa3 = input(false, title="Show Alert WVF Filtered?") sa4 = input(false, title="Show Alert WVF AGGRESSIVE Filter?") //Williams Vix Fix Formula wvf = ((highest(close, pd)-low)/(highest(close, pd)))*100 sDev = mult * stdev(wvf, bbl) midLine = sma(wvf, bbl) lowerBand = midLine - sDev upperBand = midLine + sDev rangeHigh = (highest(wvf, lb)) * ph //Filtered Bar Criteria upRange = low > low[1] and close > high[1] upRange_Aggr = close > close[1] and close > open[1] //Filtered Criteria filtered = ((wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and (wvf < upperBand and wvf < rangeHigh)) filtered_Aggr = (wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and not (wvf < upperBand and wvf < rangeHigh) //Alerts Criteria alert1 = wvf >= upperBand or wvf >= rangeHigh ? 1 : 0 alert2 = (wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and (wvf < upperBand and wvf < rangeHigh) ? 1 : 0 alert3 = upRange and close > close[str] and (close < close[ltLB] or close < close[mtLB]) and filtered ? 1 : 0 alert4 = upRange_Aggr and close > close[str] and (close < close[ltLB] or close < close[mtLB]) and filtered_Aggr ? 1 : 0 plotshape(sbcc and alert1 ? alert1 : na, title="WVF Is True Text", color=lime, style=shape.arrowup, location=location.belowbar ,text='WVF', transp=0) plotshape(sbc and alert2 ? alert2 : na, title="WVF Was True - Now False Text", color=aqua, style=shape.arrowup, location=location.belowbar ,text='WVF Was True\nNow False', transp=0) plotshape(sbcAggr and alert4 ? alert4 : na, title="Aggressive Entry Text",color=orange, style=shape.arrowup, location=location.belowbar ,text='Aggressive\nEntry', transp=0) plotshape(sbcFilt and alert3 ? alert3 : na, title="Filtered Entry Text", color=fuchsia, style=shape.arrowup, location=location.belowbar ,text='Filtered\nEntry', transp=0) //Coloring Criteria of Williams Vix Fix col = wvf >= upperBand or wvf >= rangeHigh ? lime : gray //Plots for Williams Vix Fix Histogram and Alerts plot(sa1 and alert1 ? alert1 : 0, title="Alert If WVF = True", style=line, linewidth=2, color=lime) plot(sa2 and alert2 ? alert2 : 0, title="Alert If WVF Was True Now False", style=line, linewidth=2, color=aqua) plot(sa3 and alert3 ? alert3 : 0, title="Alert Filtered Entry", style=line, linewidth=2, color=fuchsia) plot(sa4 and alert4 ? alert4 : 0, title="Alert Aggressive Filtered Entry", style=line, linewidth=2, color=orange)