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Custom Cycle Pro

The document outlines a trading script for a custom indicator called 'Custom Cycle Pro', which includes various input settings for buy/sell configurations, trend periods, and moving averages. It performs calculations for trend analysis, engulfing pattern detection, and includes a ZigZag indicator for price movements. The script visualizes price trends and signals on a chart using specified colors and shapes based on market conditions.

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danielareastrader
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38 views3 pages

Custom Cycle Pro

The document outlines a trading script for a custom indicator called 'Custom Cycle Pro', which includes various input settings for buy/sell configurations, trend periods, and moving averages. It performs calculations for trend analysis, engulfing pattern detection, and includes a ZigZag indicator for price movements. The script visualizes price trends and signals on a chart using specified colors and shapes based on market conditions.

Uploaded by

danielareastrader
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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instrument { name = "Custom Cycle Pro", icon = "", overlay = true }

-- Input groups
input_group {
"Buy Settings",
buy_color = input {default = "green", type = input.color}
}

input_group {
"Time Periods",
max_min_period = input {default = "10", type = input.string}
}

input_group {
"Micro Trend Period",
micro_trend_period = input {default = "10", type = input.string}
}

input_group {
"Macro Trend Period",
macro_trend_period = input {default = "100", type = input.string}
}

input_group {
"Fast EMA",
fast_ema_period = input {default = "3", type = input.string}
}

input_group {
"Slow EMA",
slow_ema_period = input {default = "13", type = input.string}
}

input_group {
"Sell Settings",
sell_color = input {default = "#fcf805", type = input.color}
}

input_group {
"Candle Colors",
bullish_color = input {default = "", type = input.color},
neutral_color = input {default = "", type = input.color},
bearish_color = input {default = "", type = input.color}
}

-- Calculations
ema_micro = ema(close, micro_trend_period)
ema_macro = ema(close, macro_trend_period)
fast_ema = ema(hlc3, fast_ema_period)
slow_ema = ema(hlc3, slow_ema_period)
high_period = highest(high, max_min_period)
low_period = lowest(low, max_min_period)

-- Trend analysis
bullish_trend = (close > close[1]) and (close > ema_micro) and (ema_micro >
ema_micro[1])
bearish_trend = (close < close[1]) and (close < ema_micro) and (ema_micro <
ema_micro[1])
bullish_cross = (fast_ema[1] < slow_ema[1]) and (fast_ema > slow_ema)
bearish_cross = (fast_ema[1] > slow_ema[1]) and (fast_ema < slow_ema)

sec_data = security(current_ticker_id, "1m")


if sec_data then
local candle_color

if bullish_trend then
candle_color = bullish_color
elseif bearish_trend then
candle_color = bearish_color
else
candle_color = neutral_color
end

plot_candle(open, high, low, close, "Price", candle_color)


plot(high_period, "Resistance", "")
plot(low_period, "Support", "")
end

-- Engulfing pattern detection


input_group { "Up Color", call_color = input { default = "#0bd104", type =
input.color } }
input_group { "Down Color", put_color = input { default = "#f70202", type =
input.color } }

if ((close[1] < open[1]) and (close > open) and (close > high[1]) and close[2] >=
open) then
plot_shape(1, 'Bull_Engulfing', shape_style.labelup, shape_size.huge,
call_color, shape_location.belowbar, 0, "Eng", "White")
elseif ((close[1] > open[1]) and (close < open) and (close < low[1]) and close[2]
<= open) then
plot_shape(1, 'Bear_Engulfing', shape_style.labeldown, shape_size.huge,
put_color, shape_location.abovebar, 0, "Eng", "White")
end

-- Trend direction analysis


if (close > close[1]) and (close[1] > open[2]) and (close[3] > close[2]) then
plot_shape(1, 'Bullish', shape_style.arrowup, shape_size.huge, call_color,
shape_location.belowbar, 0, "Buy", "#fcfc03")
elseif (close < close[1]) and (close[1] < open[2]) and (close[3] < close[2]) then
plot_shape(1, 'Bearish', shape_style.arrowdown, shape_size.huge, put_color,
shape_location.abovebar, 0, "Sell", "#fcfc03")
end

-- ZigZag Indicator
instrument { name = "ZigZag", overlay = true }
percentage = input(2, "Reversal Percentage", input.double, 0.01, 100, 1.0) / 100
zigzag_period = 3

input_group {
"ZigZag Colors",
up_color = input { default = "", type = input.color },
down_color = input { default = "", type = input.color },
line_width = input { default = 6, type = input.line }
}

local reference = make_series()


reference:set(nz(reference[1], high))
local trend_up = make_series()
trend_up:set(nz(trend_up[1], true))
local high_track = make_series()
local low_track = make_series()
local pivot_point = make_series()
reversal_range = reference * percentage / 100

if get_value(trend_up) then
high_track:set(max(high, nz(high_track[1], high)))
if close < high_track[1] - reversal_range then
pivot_point:set(high_track)
trend_up:set(false)
reference:set(high_track)
end
else
low_track:set(min(low, nz(low_track[1], low)))
if close > low_track[1] + reversal_range then
pivot_point:set(low_track)
trend_up:set(true)
reference:set(low_track)
end
end

plot(pivot_point, 'ZigZag', trend_up() and up_color or down_color, line_width, -1,


style.area, na_mode.continue)

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