-- More information about this indicator can be found at: -- http://fxcodebase.com/code/viewtopic.php?f=17&t=59547 -- Id: 10026 --+------------------------------------------------------------------+ --| Copyright © 2018, Gehtsoft USA LLC | --| http://fxcodebase.com | --+------------------------------------------------------------------+ --| Developed by : Mario Jemic | --| mario.jemic@gmail.com | --+------------------------------------------------------------------+ --| Support our efforts by donating | --| Paypal : https://goo.gl/9Rj74e | --| Patreon : https://goo.gl/GdXWeN | --| BitCoin : 15VCJTLaz12Amr7adHSBtL9v8XomURo9RF | --| BitCoin Cash : 1BEtS465S3Su438Kc58h2sqvVvHK9Mijtg | --| Ethereum : 0x8C110cD61538fb6d7A2B47858F0c0AaBd663068D | --| LiteCoin : LLU8PSY2vsq7B9kRELLZQcKf5nJQrdeqwD | --+------------------------------------------------------------------+ function Init() indicator:name("ATR Candle Range Ratio"); indicator:description("ATR Period Range Ratio"); indicator:requiredSource(core.Bar); indicator:type(core.Oscillator); indicator.parameters:addGroup("Calculation"); indicator.parameters:addInteger("Period", "Period", "Period", 14); indicator.parameters:addString("Method", "Range Type", "" , "Close/Open"); indicator.parameters:addStringAlternative("Method", "Close/Open", "Close/Open" , "Close/Open"); indicator.parameters:addStringAlternative("Method", "High/Low", "High/Low" , "High/Low"); indicator.parameters:addGroup("Style"); indicator.parameters:addColor("Color", "Line Color", "Line Colorr", core.rgb(255, 0, 0)); indicator.parameters:addInteger("width", "Line width", "", 1, 1, 5); indicator.parameters:addInteger("style", "Line style", "", core.LINE_SOLID); indicator.parameters:setFlag("style", core.FLAG_LINE_STYLE); indicator.parameters:addGroup("OB/OS Levels"); indicator.parameters:addDouble("overbought", "Overbought Level","", 110); indicator.parameters:addDouble("oversold","Oversold Level","", 10); indicator.parameters:addColor("level_overboughtsold_color", "Line Color","", core.rgb(128, 128, 128)); indicator.parameters:addInteger("level_overboughtsold_width","Line width","", 1, 1, 5); indicator.parameters:addInteger("level_overboughtsold_style", "Line Style","", core.LINE_SOLID); indicator.parameters:setFlag("level_overboughtsold_style", core.FLAG_LEVEL_STYLE); end -- Indicator instance initialization routine -- Processes indicator parameters and creates output streams -- TODO: Refine the first period calculation for each of the output streams. -- TODO: Calculate all constants, create instances all subsequent indicators and load all required libraries -- Parameters block local Color, Period; local Method; local first; local source = nil; local ATR; -- Streams block local Ratio; -- Routine function Prepare(nameOnly) Color= instance.parameters.Color; Method= instance.parameters.Method; Period= instance.parameters.Period; source = instance.source; local name = profile:id() .. "(" .. source:name() .. ", " .. tostring(Period).. ", " .. tostring(Method) .. ")"; instance:name(name); if (not (nameOnly)) then ATR = core.indicators:create("ATR", source, Period); first = ATR.DATA:first(); Ratio = instance:addStream("Ratio", core.Line, name, "Ratio", Color, first); Ratio:setWidth(instance.parameters.width); Ratio:setStyle(instance.parameters.style); Ratio:setPrecision(math.max(2, instance.source:getPrecision())); Ratio:addLevel(instance.parameters.oversold, instance.parameters.level_overboughtsold_style, instance.parameters.level_overboughtsold_width, instance.parameters.level_overboughtsold_color); Ratio:addLevel(instance.parameters.overbought, instance.parameters.level_overboughtsold_style, instance.parameters.level_overboughtsold_width, instance.parameters.level_overboughtsold_color); end end -- Indicator calculation routine -- TODO: Add your code for calculation output values function Update(period, mode) ATR:update(mode); if period < first then return; end local X; if Method == "Close/Open" then X= math.abs(source.open[period]- source.close[period]); else X= source.high[period]- source.low[period]; end Ratio[period] = X/(ATR.DATA[period]/100); end