Candlestick: Shooting Star

ICE Data Services -


ShootingStar.efs  EFSLibrary - Discussion Board
  

File Name: ShootingStar.efs


Description:
Shooting Star


Formula Parameters:
Font : Arial Narrow
Font Size : 11
Font and Shape Color : Green
Font BgColor : White

Notes:
This is a bearish reversal candlestick which occurs in an uptrend. It has a long
upper shadow with little, or no lower shadow, and a small real body near the lows
of the session.

Download File:
ShootingStar.efs




EFS Code:






/*********************************Provided By:      eSignal (Copyright c eSignal), a division of Interactive Data     Corporation. 2009. All rights reserved. This sample eSignal     Formula Script (EFS) is for educational purposes only and may be     modified and saved under a new file name.  eSignal is not responsible    for the functionality once modified.  eSignal reserves the right     to modify and overwrite this EFS file with each new release.   Description:            Shooting StarVersion:            1.0  12/24/2009Formula Parameters:                     Default:    Font                                Arial Narrow    Font Size                           11    Font and Shape Color                Green    Font BgColor                        White    Notes:    This is a bearish reversal candlestick which occurs in an uptrend. It has a long     upper shadow with little, or no lower shadow, and a small real body near the lows     of the session. **********************************/var fpArray = new Array();function preMain() {    setPriceStudy(true);    setStudyTitle("Shooting Star");    setShowCursorLabel(false);    setShowTitleParameters(false);    var x=0;    fpArray[x] = new FunctionParameter("nFontSize", FunctionParameter.NUMBER);	with(fpArray[x++]){        setName("Font Size")        setLowerLimit(6);		        setDefault(11);    }    fpArray[x] = new FunctionParameter("cFontColor", FunctionParameter.COLOR);    with(fpArray[x++]){        setName("Font and Shape Color");        setDefault(Color.green);    }        fpArray[x] = new FunctionParameter("cFontBgColor", FunctionParameter.COLOR);    with(fpArray[x++]){        setName("Font BgColor");        setDefault(Color.white);    }        fpArray[x] = new FunctionParameter("sFont", FunctionParameter.STRING);    with(fpArray[x++]){        setName("Font");        setDefault("Arial Narrow");    }    }function main(sFont, nFontSize, cFontColor, cFontBgColor) {    Find_ShootingStar(sFont, nFontSize, cFontColor, cFontBgColor);    return;}function Find_ShootingStar(sFont, nFontSize, cFontColor, cFontBgColor) {var nState = getBarState();var Open = open(0);var Close = close(0)var Open1 = open(-1);var Close1 = close(-1)var High = high(0);var Low = low(0);var nID = getCurrentBarCount();    if (nState == BARSTATE_ALLBARS) {        if (sFont == null) sFont = "Arial Narrow";        if (nFontSize == null) nFontSize = 11;        if (cFontColor == null) cFontColor = Color.green;        if (cFontBgColor == null) cFontBgColor = Color.white;    }    if (Open1 < Close1 &&        Open > Close1 &&        High - Math.max(Open, Close) >= Math.abs(Open - Close) * 3 &&        Math.min(Close, Open) - Low < Math.abs(Open - Close)) {        drawTextRelative(0, AboveBar2, "SS", cFontColor, cFontBgColor, Text.PRESET | Text.CENTER, sFont, nFontSize, "T"+nID);         drawShapeRelative(0, AboveBar1, Shape.DOWNARROW, null, cFontColor, Shape.PRESET, "S"+nID);             } else {        removeText("T"+nID);        removeShape("S"+nID)    }    return;}