OutsideBar.efs – EFS

OutsideBar.efs

File Name: OutsideBar.efs

Description:
This study highlights outside bars where the close of the bar is also in the top or bottom 20% of the current bar's range.

Formula Parameters:
Color: blue
Size: 4
Enable Alerts: true

Notes:
If Enable Alerts is set to true, a popup and audible alert will be generated at the completion of the outside bar.

Download File:
OutsideBar.efs

EFS Code:

/***************************************Provided By : eSignal (c) Copyright 2007****************************************/function preMain() {    setPriceStudy(true);    setStudyTitle("Outside Bar");    setShowCursorLabel(false);    setShowTitleParameters(false);    setPlotType(PLOTTYPE_CIRCLE, 0);    setDefaultBarThickness(5, 0);        var fp1 = new FunctionParameter("cColor", FunctionParameter.COLOR);        fp1.setName("Color");        fp1.setDefault(Color.blue);    var fp2 = new FunctionParameter("nSize", FunctionParameter.NUMBER);        fp2.setName("Size");        fp2.setDefault(4);    var fp3 = new FunctionParameter("bEnable", FunctionParameter.BOOLEAN);        fp3.setName("Enable Alerts");        fp3.setDefault(true);}var bInit = false;var bAlert = false;function main(cColor, nSize, bEnable) {    if (bInit == false) {        setDefaultBarThickness(nSize, 0);        setDefaultBarFgColor(cColor, 0);    }        if (getBarState() == BARSTATE_NEWBAR) {        if (bAlert == true && bEnable == true) {            Alert.playSound("pop.wav");            Alert.addToList(getSymbol(), "Outside Bar", cColor, Color.white);        }        bAlert = false;    }        if (high(0) > high(-1) && low(0) < low(-1) ) {        var nRange = (high(0) - low(0));        var nTop = high(0) - (.2 * nRange);        var nBot = low(0) + (.2 * nRange);                if (close(0) > nTop || close(0) < nBot) {            bAlert = true;        }     }        if (bAlert == true) {        return close(0);    } else {        return;    }}