Curioso wrote: Tue Jun 25, 2024 10:56 pm LOW RISK

XXXX wrote: Wed Jun 26, 2024 7:11 am Do you watch for the 61.8% ADR retracements?

dacanba wrote: Wed Jun 26, 2024 2:01 pm I have been working on tradingview, one of the good things about this platform is that you can immediately backtest the strategies.
Thanks to Chatgpt, I was able to convert the Semaphore indicator from version 4 to version 5. The difference between this indicator and Xard's is that you can choose whether or not you want confirmed signals, thereby avoiding many false signals that end up being repainted.
I asked Chatgpt to take it to MT4, but, I haven't had good results.
I leave you the mq4 file in case someone can fix it.

Este es el codigo en Tradingview

Code: Select all

//@version=5
indicator("Semafor", overlay=true, max_labels_count=300)

repaint = input(true, "Allow Drawing Of Unconfirmed Levels")

zigzag(Depth, Deviation, Color, Size, Type) =>
    var int lw = 1
    var int hg = 1
    lw := lw + 1
    hg := hg + 1
    p_lw = -ta.lowestbars(Depth)
    p_hg = -ta.highestbars(Depth)
    lowing = lw == p_lw or low - low[p_lw] > Deviation*syminfo.mintick
    highing = hg == p_hg or high[p_hg] - high > Deviation*syminfo.mintick
    lh = ta.barssince(not highing)
    ll = ta.barssince(not lowing)
    down = lh > ll
    lower = low[lw] > low[p_lw]
    higher = high[hg] < high[p_hg]
    if lw != p_lw and (not down[1] or lower)
        lw := p_lw < hg ? p_lw : 0
    if hg != p_hg and (down[1] or higher)
        hg := p_hg < lw ? p_hg : 0
    x1 = down ? lw : hg
    y1 = down ? low[lw] : high[hg]
    lb = down ? label.style_label_up : label.style_label_down
    var label point = na
    if repaint
        point := label.new(bar_index-x1, y1, color=Color, style=label.style_circle, size=Size)
        if down == down[1]
            label.delete(point[1])
    if not repaint and down != down[1]
        nx = down ? hg : lw
        point := label.new(bar_index-nx, down ? high[nx] : low[nx], color=Color, style=label.style_circle, size=Size)
    down != down[1]

var switchOn = false
if input(true, "Large")
    switchOn := zigzag(input.int(576, "Depth"), input(5.0, "Deviation"), input(color.red, "Color"), size.large, "Large") or switchOn
if input(true, "Medium")
    switchOn := zigzag(input.int(144, "Depth"), input(6.0, "Deviation"), input(color.orange, "Color"), size.small , "Small") or switchOn
if input(false, "Small")
    switchOn := zigzag(input.int(36, "Depth"), input(3.0, "Deviation"), input(color.lime, "Color"), size.tiny , "Tiny") or switchOn

alertcondition(switchOn, "Semafor Alert", "New Semafor Level Confirmed")

Greetings

Neroloft wrote: Wed Jun 26, 2024 7:05 pm heads up guys, possible sell.

Neroloft wrote: Wed Jun 26, 2024 8:34 pm aaaand it droped...