2017 May: Up & Down Detecting Swings by Domenico D'Errico
File Name:
- BollingerBands.efs,
- Pivot_HighLow.efs,
- RSI_Cross.efs
- RSI_Cross_HLLH.efs
Description:
Up & Down Detecting Swings by Domenico D'Errico
Formula Parameters:
BollingerBands.efs
- Period (W): 4
- Length: 12
- StdDev: 2
Pivot_HighLow.efs
- Period: 4
RSI_Cross.efs
- Period (W): 4
- Length: 5
- Overbought Level: 60
- Oversold Level: 40
RSI_Cross_HLLH.efs
- Period (W): 4
- Length: 5
- Overbought Level: 60
- Oversold Level: 40
Notes:
The related article is copyrighted material. If you are not a subscriber of Stocks & Commodities, please visit www.traders.com.
Download File:
BollingerBands.efs
Pivot_HighLow.efs
RSI_Cross.efs
RSI_Cross_HLLH.efs
BollingerBands.efs, Pivot_HighLow.efs, RSI_Cross.efs, RSI_Cross_HLLH.efs
EFS Code:
BollingerBands.efs
/*********************************
Provided By:
eSignal (Copyright c eSignal), a division of Interactive Data
Corporation. 2016. 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:
Up & Down Detecting Swings by Domenico D'Errico
Version: 1.00 03/14/2017
Formula Parameters: Default:
Period (W) 4
Length 12
StdDev 2
Notes:
The related article is copyrighted material. If you are not a subscriber
of Stocks & Commodities, please visit www.traders.com.
**********************************/
var fpArray = new Array();
function preMain(){
setPriceStudy(true);
setStudyTitle("BollingerBands");
setCursorLabelName("Upper", 0);
setCursorLabelName("Lower",1);
var x=0;
fpArray[x] = new FunctionParameter("Period", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Period (W)");
setDefault(4);
setLowerLimit(1);
}
fpArray[x] = new FunctionParameter("Length", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Length");
setDefault(12);
setLowerLimit(1);
}
fpArray[x] = new FunctionParameter("StdDev", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("StdDev");
setDefault(2);
setLowerLimit(1);
}
}
var bInit = false;
var bVersion = null;
var xHigh = null;
var xLow = null;
var xUpper = null;
var xLower = null;
var positionDate = null;
var rawDay = 86400;
function main(Period, Length, StdDev){
if (bVersion == null) bVersion = verify();
if (bVersion == false) return;
if (getCurrentBarCount() <= Length) return;
if (getBarState() == BARSTATE_ALLBARS){
bInit = false;
}
if (!bInit){
xHigh = high();
xLow = low();
xUpper = upperBB(Length, StdDev);
xLower = lowerBB(Length, StdDev);
positionDate = null;
bInit = true;
}
if (Strategy.isInTrade()){
if (rawtime(0) >= (positionDate + rawDay * (Period * 7))){
if (Strategy.isLong()){
Strategy.doSell("BB CROSS OVER Exit", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
}
else if (Strategy.isShort()){
Strategy.doCover("BB CROSS UNDER Exit", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
}
}
}
if (getCurrentBarIndex() != 0){
if (!Strategy.isInTrade()){
if (xLow.getValue(-1) < xLower.getValue(-1) && xLow.getValue(0) > xLower.getValue(0)){
Strategy.doLong("BB CROSS OVER", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
positionDate = rawtime(0);
drawTextRelative(0,BelowBar2, "\u00E9", Color.green, null, Text.PRESET|Text.CENTER, "Wingdings", 10, positionDate);
}
else if (xHigh.getValue(-1) > xUpper.getValue(-1) && xHigh.getValue(0) < xUpper.getValue(0)){
Strategy.doShort("BB CROSS UNDER", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
positionDate = rawtime(0);
drawTextRelative(0, AboveBar2, "\u00EA", Color.red, null, Text.PRESET|Text.CENTER, "Wingdings", 10, positionDate);
}
}
}
return [xUpper.getValue(0), xLower.getValue(0)];
}
function verify(){
var b = false;
if (getBuildNumber() < 3742){
drawTextAbsolute(5, 35, "This study requires version 12.1 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;
}
Pivot_HighLow.efs
/*********************************
Provided By:
eSignal (Copyright c eSignal), a division of Interactive Data
Corporation. 2016. 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:
Up & Down Detecting Swings by Domenico D'Errico
Version: 1.00 03/14/2017
Formula Parameters: Default:
Period 4
Notes:
The related article is copyrighted material. If you are not a subscriber
of Stocks & Commodities, please visit www.traders.com.
**********************************/
var fpArray = new Array();
function preMain(){
setPriceStudy(true);
setStudyTitle("Pivot H/L");
var x=0;
fpArray[x] = new FunctionParameter("Period", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Period");
setDefault(4);
setLowerLimit(1);
}
}
var bInit = false;
var bVersion = null;
var xHigh = null;
var xLow = null;
var positionDate = null;
var rawDay = 86400;
function main(Period){
if (bVersion == null) bVersion = verify();
if (bVersion == false) return;
if (getBarState() == BARSTATE_ALLBARS){
bInit = false;
}
if (!bInit){
xHigh = high();
xLow = low();
positionDate = null;
bInit = true;
}
if (Strategy.isInTrade()){
if (rawtime(0) >= (positionDate + (rawDay * Period * 7))){
if (Strategy.isLong()){
Strategy.doSell("PIVOT LOW Exit", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
}
else if (Strategy.isShort()){
Strategy.doCover("PIVOT HIGH Exit", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
}
}
}
if (getCurrentBarIndex() != 0){
if (!Strategy.isInTrade()){
if (IsPivotLow(xLow)){
Strategy.doLong("PIVOT LOW", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
positionDate = rawtime(0);
drawTextRelative(-1,BelowBar1, "\u009F", Color.green, null, Text.PRESET|Text.CENTER, "Wingdings", 11, positionDate);
}
else if (IsPivotHigh(xHigh)){
Strategy.doShort("PIVOT HIGH", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
positionDate = rawtime(0);
drawTextRelative(-1, AboveBar1, "\u009F", Color.red, null, Text.PRESET|Text.CENTER, "Wingdings", 11, positionDate);
}
}
}
return;
}
function IsPivotLow(xLow){
var res = false;
if (xLow != null){
if (xLow.getValue(-1) < xLow.getValue(0) &&
xLow.getValue(-1) < xLow.getValue(-2))
res = true;
}
return res;
}
function IsPivotHigh(xHigh){
var res = false;
if (xHigh != null){
if (xHigh.getValue(-1) > xHigh.getValue(0) &&
xHigh.getValue(-1) > xHigh.getValue(-2))
res = true;
}
return res;
}
function verify(){
var b = false;
if (getBuildNumber() < 3742){
drawTextAbsolute(5, 35, "This study requires version 12.1 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;
}
RSI_Cross.efs
/*********************************
Provided By:
eSignal (Copyright c eSignal), a division of Interactive Data
Corporation. 2016. 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:
Up & Down Detecting Swings by Domenico D'Errico
Version: 1.00 03/14/2017
Formula Parameters: Default:
Period (W) 4
Length 5
Overbought Level 60
Oversold Level 40
Notes:
The related article is copyrighted material. If you are not a subscriber
of Stocks & Commodities, please visit www.traders.com.
**********************************/
var fpArray = new Array();
function preMain(){
setPriceStudy(false);
setStudyTitle("RSI Cross");
setDefaultBarFgColor(Color.grey);
setCursorLabelName("RSI");
var x=0;
fpArray[x] = new FunctionParameter("Period", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Period (W)");
setDefault(4);
setLowerLimit(1);
}
fpArray[x] = new FunctionParameter("Length", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Length");
setDefault(5);
setLowerLimit(1);
}
fpArray[x] = new FunctionParameter("UpLevel", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Overbought level");
setDefault(60);
}
fpArray[x] = new FunctionParameter("LwLevel", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Oversold Level");
setDefault(40);
}
}
var bInit = false;
var bVersion = null;
var xRSI = null;
var positionDate = null;
var rawDay = 86400;
function main(Period, Length, UpLevel, LwLevel){
if (bVersion == null) bVersion = verify();
if (bVersion == false) return;
if (getCurrentBarCount() <= Length) return;
if (getBarState() == BARSTATE_ALLBARS){
bInit = false;
}
if (!bInit){
xRSI = rsi(Length);
addBand(UpLevel, PS_DASH, 1, Color.grey, "Overbought");
addBand(LwLevel, PS_DASH, 1, Color.grey, "Oversold");
positionDate = null;
bInit = true;
}
if (Strategy.isInTrade()){
if (rawtime(0) >= (positionDate + rawDay * (Period * 7))){
if (Strategy.isLong()){
Strategy.doSell("RSI CROSS OVER Exit", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
}
else if (Strategy.isShort()){
Strategy.doCover("RSI CROSS UNDER Exit", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
}
}
}
if (getCurrentBarIndex() != 0){
if (!Strategy.isInTrade()){
if (xRSI.getValue(-1) < LwLevel && xRSI.getValue(0) > LwLevel){
Strategy.doLong("RSI CROSS OVER", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
positionDate = rawtime(0);
drawTextRelative(0, BottomRow1, "\u00E9", Color.green, null, Text.PRESET|Text.CENTER, "Wingdings", 10, positionDate);
}
else if (xRSI.getValue(-1) > UpLevel && xRSI.getValue(0) < UpLevel){
Strategy.doShort("RSI CROSS UNDER", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
positionDate = rawtime(0);
drawTextRelative(0, TopRow1, "\u00EA", Color.red, null, Text.PRESET|Text.CENTER, "Wingdings", 10, positionDate);
}
}
}
if (xRSI.getValue(0) > UpLevel) setBarFgColor(Color.red);
else if (xRSI.getValue(0) < LwLevel) setBarFgColor(Color.green);
return xRSI.getValue(0);
}
function verify(){
var b = false;
if (getBuildNumber() < 3742){
drawTextAbsolute(5, 35, "This study requires version 12.1 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;
}
RSI_Cross_HLLH.efs
/*********************************
Provided By:
eSignal (Copyright c eSignal), a division of Interactive Data
Corporation. 2016. 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:
Up & Down Detecting Swings by Domenico D'Errico
Version: 1.00 03/14/2017
Formula Parameters: Default:
Period (W) 4
Length 5
Overbought Level 60
Oversold Level 40
Notes:
The related article is copyrighted material. If you are not a subscriber
of Stocks & Commodities, please visit www.traders.com.
**********************************/
var fpArray = new Array();
function preMain(){
setPriceStudy(false);
setStudyTitle("RSI Cross HLLH");
setDefaultBarFgColor(Color.grey);
setCursorLabelName("RSI");
var x=0;
fpArray[x] = new FunctionParameter("Period", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Period (W)");
setDefault(4);
setLowerLimit(1);
}
fpArray[x] = new FunctionParameter("Length", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Length");
setDefault(5);
setLowerLimit(1);
}
fpArray[x] = new FunctionParameter("UpLevel", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Overbought level");
setDefault(60);
}
fpArray[x] = new FunctionParameter("LwLevel", FunctionParameter.NUMBER);
with(fpArray[x++]){
setName("Oversold Level");
setDefault(40);
}
}
var bInit = false;
var bVersion = null;
var xRSI = null;
var xHigh = null;
var xLow = null;
var positionDate = null;
var rawDay = 86400;
function main(Period, Length, UpLevel, LwLevel){
if (bVersion == null) bVersion = verify();
if (bVersion == false) return;
if (getCurrentBarCount() <= Length) return;
if (getBarState() == BARSTATE_ALLBARS){
bInit = false;
}
if (!bInit){
xRSI = rsi(Length);
xHigh = high();
xLow = low();
addBand(UpLevel, PS_DASH, 1, Color.grey, "Overbought");
addBand(LwLevel, PS_DASH, 1, Color.grey, "Oversold");
positionDate = null;
bInit = true;
}
if (Strategy.isInTrade()){
if (rawtime(0) >= (positionDate + rawDay * (Period * 7))){
if (Strategy.isLong()){
Strategy.doSell("RSI CROSS OVER Exit", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
}
else if (Strategy.isShort()){
Strategy.doCover("RSI CROSS UNDER Exit", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
}
}
}
if (getCurrentBarIndex() != 0){
if (!Strategy.isInTrade()){
if (xRSI.getValue(0) < LwLevel && xLow.getValue(0) > xLow.getValue(-1)){
Strategy.doLong("RSI CROSS OVER", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
positionDate = rawtime(0);
drawTextRelative(0, BottomRow1, "\u00E9", Color.green, null, Text.PRESET|Text.CENTER, "Wingdings", 10, positionDate);
}
else if (xRSI.getValue(0) > UpLevel && xHigh.getValue(0) < xHigh.getValue(-1)){
Strategy.doShort("RSI CROSS UNDER", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT);
positionDate = rawtime(0);
drawTextRelative(0, TopRow1, "\u00EA", Color.red, null, Text.PRESET|Text.CENTER, "Wingdings", 10, positionDate);
}
}
}
if (xRSI.getValue(0) > UpLevel) setBarFgColor(Color.red);
else if (xRSI.getValue(0) < LwLevel) setBarFgColor(Color.green);
return xRSI.getValue(0);
}
function verify(){
var b = false;
if (getBuildNumber() < 3742){
drawTextAbsolute(5, 35, "This study requires version 12.1 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;
}