Candle Relation

[eSignal]

File Name: CandRelation.efs

Description:
Candle Relation

Formula Parameters:
Level1 : 0.3
Level2 : 0.5
Level3 : 0.7


Notes:


Download File:
CandRelation.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:        
    Candle Relation
    
Version:            1.0  08/27/2009
 
Formula Parameters:                     Default:
    Level1                              0.3
    Level2                              0.5
    Level3                              0.7    
    
Notes:
    
**********************************/
var fpArray = new Array();
var bInit = false;

function preMain(){
    setPriceStudy(false);
    setShowCursorLabel(true);
    setShowTitleParameters(false);
    setStudyTitle("Candle Relation");
    setCursorLabelName("Level 1", 0);
    setDefaultBarFgColor(Color.green, 0);
    setPlotType(PLOTTYPE_LINE, 0);
    setCursorLabelName("Level 2", 1);
    setDefaultBarFgColor(Color.blue, 1);
    setPlotType(PLOTTYPE_LINE, 1);
    setCursorLabelName("Level 3", 2);
    setDefaultBarFgColor(Color.red, 2);
    setPlotType(PLOTTYPE_LINE, 2);
    var x = 0;
    fpArray[x] = new FunctionParameter("Level1", FunctionParameter.NUMBER);
    with(fpArray[x++]) {
        setName("Level 1");
        setDefault(0.3);
    }    
    fpArray[x] = new FunctionParameter("Level2", FunctionParameter.NUMBER);
    with(fpArray[x++]) {
        setName("Level 2");
        setDefault(0.5);
    }    
    fpArray[x] = new FunctionParameter("Level3", FunctionParameter.NUMBER);
    with(fpArray[x++]) {
        setName("Level 3");
        setDefault(0.7);
    }    
}

var xHigh = null;
var xLow = null;
var xClose = null;
var xOpen = null;

function main(Level1, Level2, Level3) {
var nBarState = getBarState();
var nHS = 0;
var nLS = 0;
var nBD = 0;
var nCC = 0;
var nHigh = 0;
var nLow = 0;
var nOpen = 0;
var nClose = 0;
    if (nBarState == BARSTATE_ALLBARS) {
        if(Level1 == null) Level1 = 0.3;
        if(Level2 == null) Level2 = 0.5;
        if(Level3 == null) Level3 = 0.7;
    }
    if (bInit == false) {
        addBand(Level1, PS_DASHDOT, 1, Color.black, "Level1");
        addBand(Level2, PS_DASHDOT, 1, Color.black, "Level2");        
        addBand(Level3, PS_DASHDOT, 1, Color.black, "Level3");                
        xHigh = high();
        xLow = low();
        xOpen = open();
        xClose = close();
        bInit = true;
    }
    nHigh = xHigh.getValue(0);
    nLow = xLow.getValue(0);
    nOpen = xOpen.getValue(0);
    nClose = xClose.getValue(0);
    if (nClose == null) return;
    nCC = nHigh - nLow;
    nHS = (nHigh - Math.max(nOpen, nClose)) / nCC;
    nLS = (Math.min(nOpen, nClose) - nLow) / nCC;
    nBD = Math.abs(nOpen - nClose) / nCC;
    return new Array(nHS, nBD, nLS);
}