/***************************************Provided By : eSignal (c) Copyright 2005Description: Improve Your Trading System With Speed - by Gomu VetrivelVersion 1.0 9/12/2005Notes:November 2005 Issue of Stocks and Commodities Magazine* Study requires version 7.9 or higher.Formula Parameters: Defaults:N/A***************************************/function preMain() { setStudyTitle("Speed "); setShowTitleParameters(false); setCursorLabelName("Speed", 0); setDefaultBarFgColor(Color.grey, 0); setDefaultBarThickness(3, 0); setPlotType(PLOTTYPE_HISTOGRAM, 0); }var bVersion = null;var nSpeed = null;var nSpeed1 = null;//Speed = Distance traveled by price / Time takenfunction main() { if (bVersion == null) bVersion = verify(); if (bVersion == false) return; var nState = getBarState(); if (nState == BARSTATE_NEWBAR) { if (nSpeed != null) nSpeed1 = nSpeed; } nSpeed = Math.abs(close(0) - close(-1)) *100; if (nSpeed > nSpeed1) setBarFgColor(Color.green); if (nSpeed < nSpeed1) setBarFgColor(Color.red); return nSpeed;}/***** Support Functions *****/function verify() { var b = false; if (getBuildNumber() < 700) { drawTextAbsolute(5, 35, "This study requires version 7.9 or later.", Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT, null, 13, "error"); drawTextAbsolute(5, 20, "Click HERE to upgrade.@URL=http://www.esignal.com/download/default.asp", Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT, null, 13, "upgrade"); return b; } else { b = true; } return b;} |
