File Name: TheGoldenTriangleStrategy.efs

Description:
Finding The Golden Triangle by Charlotte Hudgin

Formula Parameters:

TheGoldenTriangleStrategy.efs
Length SMA: 50
Consider Days of White Space: 20
Consider Days to Compare Volume: 0
Entry Position Color: lime
Exit Position Color: red

Notes:
The related article is copyrighted material. If you are not a subscriber
of Stocks & Commodities, please visit www.traders.com.

Download File:
TheGoldenTriangleStrategy.efs

TheGoldenTriangleStrategy.efs


EFS Code:
PHP Code:

/*********************************
Provided By:  
    Interactive Data Corporation (Copyright В© 2014) 
    All rights reserved. This sample eSignal Formula Script (EFS)
    is for educational purposes only. Interactive Data Corporation
    reserves the right to modify and overwrite this EFS file with 
    each new release. 

Description:        
    Finding The Golden Triangle by Charlotte Hudgin

Formula Parameters:                     Default:
Length SMA                              50
Consider Days of White Space            20
Consider Days to Compare Volume         0
Entry Position Color                    lime
Exit Position Color                     red

Version:            1.00  07/07/2014

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(){
    
    
setStudyTitle("TheGoldenTriangleStrategy");
    
setPriceStudy(true);
    
    
setCursorLabelName("Moving Average"0);    

    var 
0;

    
fpArray[x] = new FunctionParameter("fpLenSMA"FunctionParameter.NUMBER);
    
with(fpArray[x++]){
        
setName("Length SMA");
        
setLowerLimit(1);
        
setDefault(50);
    }

    
fpArray[x] = new FunctionParameter("fpDaysWS"FunctionParameter.NUMBER);
    
with(fpArray[x++]){
        
setName("Consider Days of White Space");
        
setLowerLimit(1);
        
setDefault(20);
    }

    
fpArray[x] = new FunctionParameter("fpDaysVolume"FunctionParameter.NUMBER);
    
with(fpArray[x++]){
        
setName("Consider Days to Compare Volume");    
        
setLowerLimit(0);
        
setDefault(0);
    }

    
fpArray[x] = new FunctionParameter("fpEntryColor"FunctionParameter.COLOR);
    
with(fpArray[x++]){
        
setName("Entry Position Color");    
        
setDefault(Color.lime);
    }

    
fpArray[x] = new FunctionParameter("fpExitColor"FunctionParameter.COLOR);
    
with(fpArray[x++]){
        
setName("Exit Position Color");    
        
setDefault(Color.red);
    }
}

var 
bInit false;
var 
bVersion null;

var 
xOpen null;
var 
xHigh null;
var 
xLow null;
var 
xClose  null;
var 
xVolume null;

var 
xPriceSMA null;
var 
xVolumeSMA null;
var 
xHignesVol null;

var 
nCurrDaysWS 0;
var 
nLotSize 0;

var 
bPriceConfirm false;
var 
bVolumeConfirm false;

var 
nPivotPrice null;

function 
main(fpLenSMAfpDaysWSfpDaysVolumefpEntryColorfpExitColor){
    
    if (
bVersion == nullbVersion verify();
    if (
bVersion == false) return;

    if (!
bInit){
        
        
xOpen open();
        
xHigh high();
        
xLow low();
        
xClose close();
        
xVolume volume();
        
        if (
fpDaysVolume != 0)
            
xHignesVol highest(fpDaysVolumexVolume);
                
        
xPriceSMA sma(fpLenSMA);
        
xVolumeSMA sma(fpLenSMAxVolume);
        
        
nLotSize Strategy.getDefaultLotSize();
        
        
bInit true;
    }

    if (
getBarState() == BARSTATE_ALLBARS){
        
bPriceConfirm false;
        
bVolumeConfirm false;
        
        
nCurrDaysWS 0;
    };
                            
    var 
nOpen xOpen.getValue(0);
    var 
nHigh xHigh.getValue(0);
    var 
nLow  xLow.getValue(0);
    var 
nClose xClose.getValue(0);
    var 
nPriorClose xClose.getValue(-1);
    var 
nVolume xVolume.getValue(0);

    var 
nPriceSMA xPriceSMA.getValue(0);
    var 
nVolumeSMA xVolumeSMA.getValue(0);

    var 
nHignesVol 0;

    if (
fpDaysVolume != 0)    
        
nHignesVol xHignesVol.getValue(-1);
       
    if (
nPriorClose == null || nPriceSMA == null || nVolumeSMA == null || nHignesVol == null)
        return;
    
    if (
getCurrentBarIndex() != 0){
        
        if (
Strategy.isInTrade() && nHigh >= nPivotPrice){
        
            var 
nExitPrice Math.max(nOpennPivotPrice);
                
            
Strategy.doSell("Exit"Strategy.LIMITStrategy.THISBARStrategy.DEFAULT, nExitPrice);
            
drawShapeRelative(0AboveBar1Shape.DOWNTRIANGLEnull,
            
fpExitColorText.PRESETgetCurrentBarIndex() + "Exit");
            
drawTextRelative(0AboveBar2"Exit"fpExitColornull,
            
Text.PRESET|Text.CENTERnullnullgetCurrentBarIndex() + "Exit");
            
drawTextRelative(0AboveBar3nLotSize " @ " formatPriceNumber(nExitPrice),
            
fpExitColornullText.PRESET|Text.CENTERnullnullgetCurrentBarIndex() + "ExitSettings"); 
            
            
bPriceConfirm false;
            
bVolumeConfirm false
        };
    
        if (!
bPriceConfirm && nCurrDaysWS >= fpDaysWS && nLow <= nPriceSMA && nClose >= nPriceSMA){
        
            
bPriceConfirm true;
               
            for (var 
0> -getCurrentBarCount()-1j--){
          
                
nPivotPrice xHigh.getValue(j-1);
            
                if (
xHigh.getValue(j) > xHigh.getValue(j-1)){
                    
nPivotPrice xHigh.getValue(j);
                    break;
                }
            } 
        
            if (
nVolume nVolumeSMA && nVolume nHignesVol)
                
bVolumeConfirm true;
        };


        if (
bPriceConfirm && !bVolumeConfirm){
            if (
nVolume nVolumeSMA && nVolume nHignesVol && nClose nPriceSMA && nClose nPriorClose
                 
bVolumeConfirm true;
        };
    
        if (
bPriceConfirm && bVolumeConfirm && !Strategy.isInTrade()){
            
            var 
nEntryPrice xOpen.getValue(1);
        
            if (
nEntryPrice nPivotPrice){
                
bPriceConfirm false;
                
bVolumeConfirm false;
            } else{
                
Strategy.doLong("Entry"Strategy.MARKETStrategy.NEXTBARStrategy.DEFAULT);
                
drawShapeRelative(1BelowBar1Shape.UPTRIANGLEnull,
                
fpEntryColorText.PRESETgetCurrentBarIndex() + "Entry");
                
drawTextRelative(1BelowBar2"Entry"fpEntryColornull,
                
Text.PRESET|Text.CENTERnullnullgetCurrentBarIndex() + "Entry");
                
drawTextRelative(1BelowBar3nLotSize " @ " formatPriceNumber(nEntryPrice),
                
fpEntryColornullText.PRESET|Text.CENTERnullnullgetCurrentBarIndex() + "EntrySettings"); 
            };
        };
    };

    if (
nLow nPriceSMA)
        
nCurrDaysWS ++
    else
        
nCurrDaysWS 0;
    
    
    return 
nPriceSMA;
}

function 
verify(){
    
    var 
false;
    if (
getBuildNumber() < 779){
        
        
drawTextAbsolute(535"This study requires version 8.0 or later."
            
Color.whiteColor.blueText.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,
            
null13"error");
        
drawTextAbsolute(520"Click HERE to [email protected]=http://www.esignal.com/download/default.asp"
            
Color.whiteColor.blueText.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,
            
null13"upgrade");
        return 
b;
    } 
    else
        
true;
    
    return 
b;