Point Break efs

[mholstius]

For the sake of clarity, I have 2 charts open: a 30sec Point Break chart utilizing the Open and a point break amount of 2, along with a "normal" advanced chart of the same security.
I would like to have an efs study that would output the equivalent "long/short" (red/green) position of the Point Break chart below or on the "normal" chart to compare with or incorporate into other efs studies...
Has this been done, or would it be difficult?
Thanks ahead of time from a new guy...
Mark

[Doji3333]

Possible Solution

I believe you could accomplish this with the use of .. Global Variables.

In your Break Point chart... you would declare two variables...

var Direction = 0; // 0 = neutral/ 1=Bullish / 2=Bearish
var SignalTrigger = 0; // 0=none / 1=new trigger

Now, within your Break Point EFS Script, you would SET these as global variables...

// Point Break example
var Direction = getGlobalVariable("Direction");
// 0 = neutral/ 1=Bullish / 2=Bearish
var SignalTrigger = getGlobalVariable("SignalTrigger");
// 0=none / 1=new trigger



function main() {
if (Direction == null) {
Direction = 0;
}
if (SignalTrigger== null) {
SignalTrigger= 0;
}


if (BullishEntrySignal) {
Direction = 1;
SignalTrigger = 1;
}
if (BearishEntrySignal) {
Direction = -1;
SignalTrigger = 1;
}

if ((getGlobalVariabl(("SignalTrigger") = 0) && (SignalTrigger == 1)) { // New Trigger
SetGlobalVariable("Direction",Direction);
SetGlobalVariable("SignalTrigger",SignalTrigger);
}
}

Now.... In your other script you would write code to retrieve the global variables and process them...

//-------- Other Script Example --------
var Direction = getGlobalVariable("Direction");
// 0 = neutral/ 1=Bullish / 2=Bearish
var SignalTrigger = getGlobalVariable("SignalTrigger");
// 0=none / 1=new trigger

function main() {
if (Direction == null) {
Direction = 0;
}
if (SignalTrigger== null) {
SignalTrigger= 0;
}

if ((getGlobalVariable("Direction") == 1) && (getGlobalVariable("SignalTrigger") == 1)); { // Process bullish trigger
drawShapeRelative (..... );
SignalTrigger = 0;
}
if ((getGlobalVariable("Direction") == -1) && (getGlobalVariable("SignalTrigger") == 1)); { // Process Bearish trigger
drawShapeRelative (..... );
SignalTrigger = 1;
}

// reset signal trigger...
SetGlobalVariable("SignalTrigger",SignalTrigger);
}

You will probably have to add a few extra steps, but this is the general idea...

Brad

[mholstius]

Thanks, Brad
I've been away on business - I'll give this a try.
Appreciate your suggestion.
Mark

[kefli]

Re: Point Break efs

Originally posted by mholstius
For the sake of clarity, I have 2 charts open: a 30sec Point Break chart ...Mark

How do you get a 30sec Point Break chart? I've been using 1 minute because I don't see an option for anything less except 1 tick.

Thanks in advance.

Kefli

[ACM]

Re: Reply to post 'Point Break efs'

Kefli
Set the interval of your chart to 30S or 30s.
This will switch you to "Seconds charts" that are a derivate of Tick charts.
Alex

[kefli]

time interval

Thanks for your reply, Alex. I feel really stupid, but I can't see how to set the time interval to 30s. I see 1, 3, 5, 10, 13, 15, 30, 60, daily, monthly, tick, weekly. Where do I enter 30s?

Thanks.
Kefli

[ACM]

Re: Reply to post 'Point Break efs'

Kefli
Select the chart you want "Seconds bars" on and then just type 30s (or any
other number).
This will open the Symbol dialog box that allows you to change Symbol and
Interval for that chart.
FWIW you are not just limited to the intervals you see on your Favorites
bar.
Alex

[kefli]

interval

Thanks. I didn't know you could do that. Working fine.

Kefli

[ACM]

Kefli
If you would now like to add "Seconds" intervals to your Favorites bar then you can find the instructions on how to do this at the following link.

http://share.esignal.com/groupcontents.jsp?folder=Lesson - How to add Seconds Intervals to Other Intervals&groupid=21

Explanations for each step can be found in the text on top of the images.
Alex