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  • Clube Do Scalp HeatMapMagicBars

    Uploaded by

    Franco Wyt
    114 views1 page
    This document defines settings for a heat map that colors trading volume bars red, orange, yellow, white or blue depending on whether the current volume is above a moving average volume threshold set at 3.5, 2.5, 1.5 or 0.5 times the average respectively. It then loops through the volume bars, calculates the ratio to the moving average and colors each bar accordingly.

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    Original Title

    Clube do Scalp HeatMapMagicBars.txt

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    This document defines settings for a heat map that colors trading volume bars red, orange, yellow, white or blue depending on whether the current volume is above a moving average volume threshold set at 3.5, 2.5, 1.5 or 0.5 times the average respectively. It then loops through the volume bars, calculates the ratio to the moving average and colors each bar accordingly.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as txt, pdf, or txt
    114 views1 page

    Clube Do Scalp HeatMapMagicBars

    Uploaded by

    Franco Wyt
    This document defines settings for a heat map that colors trading volume bars red, orange, yellow, white or blue depending on whether the current volume is above a moving average volume threshold set at 3.5, 2.5, 1.5 or 0.5 times the average respectively. It then loops through the volume bars, calculates the ratio to the moving average and colors each bar accordingly.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as txt, pdf, or txt
    of 1

    // Autor: Will Santos

    // ClubeDoScalp - HeatMap Magic Bars //


    // www.clubedoscalp.com.br

    // Settings //
    def len = 60;
    def red = 3.5;
    def orange = 2.5;
    def yellow = 1.5;
    def white = 0.5;
    // End //

    def barras = BARS();


    r = newLines();
    r.add( barras );
    def vol = volume();
    def mean = MA(vol,len,0);

    for (int i=0;i<vol.size();i++) {


    def bar = barras.bar(i);
    def res = 0;
    if (i>len) {
    res = vol.value(i)/mean.value(i-len+1);
    }
    if (res > red) {
    bar.setFill(255,0,0);
    bar.setBorder(255,0,0);
    }else if (res > orange) {
    bar.setFill(255,128,0);
    bar.setBorder(255,128,0);
    }else if (res > yellow) {
    bar.setFill(250,244,2);
    bar.setBorder(250,244,2);
    }else if (res > white) {
    bar.setFill(255,255,255);
    bar.setBorder(255,255,255);
    }else {
    bar.setFill(0,252,252);
    bar.setBorder(0,252,252);
    }
    }

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