THE NEW INDIA ASSURANCE COMPAN stock forum
NIACL share target 400
NIACL //version=4 // Trading Band by Trade Wala study("TradeWala Trading Band", overlay=true) // INPUTS src = input(close, title="Action On") modeSwitch = input("Hma", title="All Inputs", options=["Hma", "Thma", "Ehma"]) length = input(55, title="Best Inputs For 1st Signal") lengthMult = input(1.0, title="Capability") useHtf = input(false, title="Change Style") htf = input("240", title="Higher timeframe", type=input.resolution) switchColor = input(true, "Change bank color with treand ?") candleCol = input(false,title="Change Candle Types ?") visualSwitch = input(true, title="Show as a Band?") thicknesSwitch = input(1, title="Wide") transpSwitch = input(40, title="Visibility", step=5) // FUNCTIONS // HMA HMA(_src, _length) => wma(2 * wma(_src, _length / 2) - wma(_src, _length), round(sqrt(_length))) // EHMA EHMA(_src, _length) => ema(2 * ema(_src, _length ) - ema(_src, _length), round(sqrt(_length))) // THMA THMA(_src, _length) => wma(wma(_src,_length / 3) * 3 - wma(_src, _length / 2) - wma(_src, _length), _length) // SWITCH Mode(modeSwitch, src, len) => modeSwitch == "Hma" ? HMA(src, len) : modeSwitch == "Ehma" ? EHMA(src, len) : modeSwitch == "Thma" ? THMA(src, len/2) : na // OUTPUT _hull = Mode(modeSwitch, src, int(length * lengthMult)) HULL = useHtf ? security(syminfo.ticker, htf, _hull) : _hull MHULL = HULL[0] SHULL = HULL[2] // COLOR hullColor = switchColor ? (HULL > HULL[2] ? color.green : color.red) : color.orange // PLOT Fi1 = plot(MHULL, title="MHULL", color=hullColor, linewidth=thicknesSwitch, transp=50) Fi2 = plot(visualSwitch ? SHULL : na, title="SHULL", color=hullColor, linewidth=thicknesSwitch, transp=50) fill(Fi1, Fi2, title="Band Filler", color=hullColor, transp=transpSwitch) barcolor(color = candleCol ? (switchColor ? hullColor : na) : na) // Plot "Buy" and "Sell" text labels above and below candles plotshape(crossover(SHULL, MHULL), style=shape.triangledown, location=location.abovebar, color=color.rgb(236, 34, 61), size=size.small, title="Buy") plotshape(crossunder(SHULL, MHULL), style=shape.triangleup, location=location.belowbar, color=color.rgb(79, 214, 16), size=size.small, title="Sell")
