chartartist » Tue Sep 24, 2019 5:55 pm wrote:Hi Thomas, with all humility I request for the next update to add the symbol suffix feature for TDesk Universal Buffers Drone.ex4

Thank you for your kindness

Cheers
ChartArtist

tomele » Thu May 09, 2019 12:17 pm wrote:Hi @all.

Attached is PeakyBuffers, an indicator based on Steve's PeakHiLo indicator and optimized for use with UBD. The main settings are:

NumberOfBars: The indi looks for peak high / peak low within this number of bars window.

TradeableRangeDivisor: The high/low range gets divided into this number of sections. You can decide that signals are only valid when the price is in the topmost (short) and the lowermost (long) section.

FreezeTradeableRange: As the opposite peaks scroll out of the window, the sections usually narrow over time. You can inhibit that and freeze the sections to the size they had when the signal started.

The attached UBD setfile doesn't use the sections. The signal is always long or short and identical to the original PeakHiLo indicator with default settings. If you want to have directional signals only when the price is in the two outer sections, you just have to use other buffers:

Buffers 0/1 (or 2/3) are always long/short
Buffers 4/5 (or 6/7) are only long/short in the outer sections


2019-06-16
Attention: The default for TradeableRangeDivisor has changed from 6 to 2.


Cheers
Thomas

.

//Use a tolarable pip distance, so if the possible new peak is within TolerableDistanceInPips, change direction
extern bool    UseTolerableDistance=True;
extern int     TolerableDistanceNumberOfBars=841;
extern int     TolerableDistanceInPips=50;

   if (UseTolerableDistance)
   {
      int currentPeakHighBar2=iHighest(Symbol(),Period(),MODE_CLOSE,TolerableDistanceNumberOfBars,shift);
      int currentPeakLowBar2 =iLowest (Symbol(),Period(),MODE_CLOSE,TolerableDistanceNumberOfBars,shift);
      double highest2=iClose(Symbol(),Period(),currentPeakHighBar2);
      double lowest2 =iClose(Symbol(),Period(),currentPeakLowBar2);
      if ((highest - highest2) < (TolerableDistanceInPips/factor)) { highest = highest2; currentPeakHighBar = currentPeakHighBar2; }
      if ((lowest2 - lowest) < (TolerableDistanceInPips/factor)) { lowest = lowest2; currentPeakLowBar = currentPeakLowBar2; }
   }