Candlestick: Evening Star

EveningStar.efs                                                                                                                      EFSLibrary - Discussion Board

File Name: EveningStar.efs

Description:
Evening Star

 

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

 

Notes:
This is a bearish reversal pattern formed by three candlesticks. The first
candlestick of the pattern is an up candlestick with a long real body, the
second is an up or down candlestick with a small real body which gaps higher
to form a star, the third is a down candlestick which closes below the midpoint
of the first candlestick.

 

Download File:
EveningStar.efs




EFS Code:

/*********************************Provided By: eSignal (Copyright c eSignal),
a division of Interactive Data Corporation. 2010. 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: Evening Star Version: 1.0 01/12/2010
Formula Parameters: Default: Font Arial Narrow Font Size 11 Font and Shape Color
Green Font BgColor White Notes: This is a bearish reversal pattern formed by three candlesticks.
The first candlestick of the pattern is an up candlestick with a long real body, 
the second is an up or down candlestick with a small real body which gaps higher to form a star,
the third is a down candlestick which closes below the midpoint of the first candlestick.
**********************************/

var fpArray = new Array();

function preMain() {
  setPriceStudy(true);
  setStudyTitle("Evening 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_EveningStar(sFont, nFontSize, cFontColor, cFontBgColor);
  return;
}

function Find_EveningStar(sFont, nFontSize, cFontColor, cFontBgColor) {
  var nState = getBarState();
  var Open = open(0);
  var Close = close(0);
  var Open1 = open(-1);
  var Close1 = close(-1);
  var Open2 = open(-2);
  var Close2 = close(-2);
  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 (
    Close2 > Open2 &&
    Math.min(Open1, Close1) > Close2 &&
    Open < Math.min(Open1, Close1) &&
    Close < Open
  ) {
    drawTextRelative(
      -1,
      AboveBar2,
      "ES",
      cFontColor,
      cFontBgColor,
      Text.PRESET | Text.CENTER,
      sFont,
      nFontSize,
      "T" + nID
    );
    drawShapeRelative(
      -1,
      AboveBar1,
      Shape.DOWNARROW,
      null,
      cFontColor,
      Shape.PRESET,
      "S" + nID
    );
  } else {
    removeText("T" + nID);
    removeShape("S" + nID);
  }
  return;
}