Description
This Bulls and Bears indicator consolidates the Bulls and Bears Power sample indicators in one indicator.
Based on the original Bulls and Bears Power sample indicators from cTrade.
v2
+ Verbose: Allows the option to display the current values of Bulls and Bears.
v1
Public release
// -------------------------------------------------------------------------------------------------
//
// This code is a cAlgo API consolidation indicator provided by njardim@email.com on Dec 2015.
//
// Based on the original Bulls and Bears Power sample indicators from cTrade.
//
// -------------------------------------------------------------------------------------------------
using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;
namespace cAlgo
{
[Indicator(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
public class BullsandBears : Indicator
{
[Parameter("Source")]
public DataSeries Source { get; set; }
[Parameter("Verbose", DefaultValue = true)]
public bool OnVerbose { get; set; }
[Parameter(DefaultValue = 12, MinValue = 2)]
public int Periods { get; set; }
[Parameter("MA Type", DefaultValue = MovingAverageType.Exponential)]
public MovingAverageType MAType { get; set; }
[Output("Bulls", Color = Colors.DodgerBlue, PlotType = PlotType.Histogram)]
public IndicatorDataSeries Bulls { get; set; }
[Output("Bears", Color = Colors.Red, PlotType = PlotType.Histogram)]
public IndicatorDataSeries Bears { get; set; }
private MovingAverage movingAverage;
protected override void Initialize()
{
movingAverage = Indicators.MovingAverage(Source, Periods, MAType);
}
public override void Calculate(int index)
{
if (MarketSeries.High[index] - movingAverage.Result[index] > 0)
{
Bulls[index] = MarketSeries.High[index] - movingAverage.Result[index];
}
if (MarketSeries.Low[index] - movingAverage.Result[index] < 0)
{
Bears[index] = MarketSeries.Low[index] - movingAverage.Result[index];
}
if (OnVerbose)
{
if (MarketSeries.High[index] - movingAverage.Result[index] > 0.0001)
{
var nBulls = String.Format("{0}", Math.Round(MarketSeries.High[index] - movingAverage.Result[index], Symbol.Digits));
ChartObjects.DrawText("Bulls", "Bulls: +" + nBulls + "\n \n", StaticPosition.BottomCenter, Colors.DodgerBlue);
}
else
{
ChartObjects.DrawText("Bulls", "", StaticPosition.BottomCenter, Colors.DodgerBlue);
}
if (MarketSeries.Low[index] - movingAverage.Result[index] < -0.0001)
{
var nBears = String.Format("{0}", Math.Round(MarketSeries.Low[index] - movingAverage.Result[index], Symbol.Digits));
ChartObjects.DrawText("Bears", "Bears: " + nBears, StaticPosition.BottomCenter, Colors.Red);
}
else
{
ChartObjects.DrawText("Bears", "", StaticPosition.BottomCenter, Colors.Red);
}
}
}
}
}
NJ
njardim
Joined on 06.12.2015
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Bulls and Bears.algo
- Rating: 5
- Installs: 5422
- Modified: 13/10/2021 09:54
Note that publishing copyrighted material is strictly prohibited. If you believe there is copyrighted material in this section, please use the Copyright Infringement Notification form to submit a claim.
Comments
Log in to add a comment.
AN
This is a lot to take in. - Rancho Cordova Roof Installation
RA
Muy bueno, Gracias
RA
Muy bueno, Gracias
IT
thank you!!!! awesome stuff
But it is really interesting to read. | Metal Roof Repair Boise