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90% Accuracy With Camarilla Levels

The document defines a Pine script for plotting Camarilla levels on a chart. It allows the user to select the time frame and whether to show only the last period. Variables are defined for the high, low, and close prices of the higher time frame. Camarilla levels H5 through L5 are calculated and plotted on the chart conditionally based on whether it is the last period. Optional labels can also be plotted with the numerical values of the levels.

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PRABHASH SINGH
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50% found this document useful (2 votes)
2K views2 pages

90% Accuracy With Camarilla Levels

The document defines a Pine script for plotting Camarilla levels on a chart. It allows the user to select the time frame and whether to show only the last period. Variables are defined for the high, low, and close prices of the higher time frame. Camarilla levels H5 through L5 are calculated and plotted on the chart conditionally based on whether it is the last period. Optional labels can also be plotted with the numerical values of the levels.

Uploaded by

PRABHASH SINGH
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version=4

study("90% Accuracy with Camarilla Levels", overlay = true)


mode =input(title = "HTF Method", defval = 'Auto', options=['Auto', 'User
Defined'])
HTFm = input('D', title = "Time Frame (if HTF Method=User Defined)",
type=input.resolution)
showlast = input(title = "Show Only Last Period", defval = false)
showlabels = input(title = "Show Labels", defval = true)
lstyle = input(title = "Line Style", options = ['Solid', 'Circles', 'Cross'],
defval ='Solid')

//auto higher time frame


HTFo =timeframe.period == '1' ? '30' :
timeframe.period == '3' ? '60' :
timeframe.period == '5' ? '240' :
timeframe.period == '15' ? 'D' :
timeframe.period == '30' ? 'D' :
timeframe.period == '45' ? 'D' :
timeframe.period == '60' ? 'D' :
timeframe.period == '120' ? 'D' :
timeframe.period == '180' ? 'D' :
timeframe.period == '240' ? 'D' :
timeframe.period == 'D' ? 'W' :
'5W'

HTF = mode == 'Auto' ? HTFo : HTFm

highhtf = security(syminfo.tickerid, HTF, high[1], lookahead =


barmerge.lookahead_on)
lowhtf = security(syminfo.tickerid, HTF, low[1], lookahead = barmerge.lookahead_on)
closehtf = security(syminfo.tickerid, HTF, close[1], lookahead =
barmerge.lookahead_on)

RANGE = highhtf - lowhtf

// is this last bar for HTF?


islast = showlast ? security(syminfo.tickerid, HTF, barstate.islast, lookahead =
true) : true

// Line Style
linestyle = lstyle == 'Solid' ? plot.style_line :
lstyle == 'Circle' ? plot.style_circles : plot.style_cross

H5 = (highhtf / lowhtf) * closehtf


H4 = closehtf + RANGE * 1.1/2
H3 = closehtf + RANGE * 1.1/4
H2 = closehtf + RANGE * 1.1/6
H1 = closehtf + RANGE * 1.1/12
L1 = closehtf - RANGE * 1.1/12
L2 = closehtf - RANGE * 1.1/6
L3 = closehtf - RANGE * 1.1/4
L4 = closehtf - RANGE * 1.1/2
L5 = closehtf - (H5 - closehtf)

plot(islast ? H5 : na, title = "H5", color = color.maroon, linewidth = 3, style =


linestyle, transp = 0)
plot(islast ? H4 : na, title = "H4", color = color.red, linewidth = 2, style =
linestyle, transp = 0)
plot(islast ? H3 : na, title = "H3", color = color.orange, linewidth = 1, style =
linestyle, transp = 0)
plot(islast ? L3 : na, title = "L3", color = color.lime, linewidth = 1, style =
linestyle, transp = 0)
plot(islast ? L4 : na, title = "L4", color = color.blue, linewidth = 2, style =
linestyle, transp = 0)
plot(islast ? L5 : na, title = "L5", color = color.navy, linewidth = 3, style =
linestyle, transp = 0)

// Label for S/R


chper = time - time[1]
chper := change(chper) > 0 ? chper[1] : chper

Round_it(valu)=>
a = 0
num = syminfo.mintick
s = valu
if na(s)
s := syminfo.mintick
if num < 1
for i = 1 to 20
num := num * 10
if num > 1
break
a := a +1

for x = 1 to a
s := s * 10
s := round(s)
for x = 1 to a
s := s / 10
s := s < syminfo.mintick ? syminfo.mintick : s
s

// Labels
if showlabels
var label s3label = na, var label s4label = na, var label s5label = na
var label r3label = na, var label r4label = na, var label r5label = na

label.delete(s3label), label.delete(s4label), label.delete(s5label)


label.delete(r3label), label.delete(r4label), label.delete(r5label)
s3label := label.new(x = time + chper * 20, y = L3, text = "L3= " +
tostring(Round_it(L3)), color = color.lime, textcolor=color.black,
style=label.style_labelup, xloc = xloc.bar_time, yloc=yloc.price)
s4label := label.new(x = time + chper * 20, y = L4, text = "L4= " +
tostring(Round_it(L4)), color = color.blue, textcolor=color.yellow,
style=label.style_labelup, xloc = xloc.bar_time, yloc=yloc.price)
s5label := label.new(x = time + chper * 20, y = L5, text = "L5= " +
tostring(Round_it(L5)), color = color.navy, textcolor=color.white,
style=label.style_labelup, xloc = xloc.bar_time, yloc=yloc.price)
r3label := label.new(x = time + chper * 20, y = H3, text = "H3= " +
tostring(Round_it(H3)), color = color.orange, textcolor=color.white,
style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
r4label := label.new(x = time + chper * 20, y = H4, text = "H4= " +
tostring(Round_it(H4)), color = color.red, textcolor=color.white,
style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
r5label := label.new(x = time + chper * 20, y = H5, text = "H5= " +
tostring(Round_it(H5)), color = color.maroon, textcolor=color.yellow,
style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)

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