Flip Flop is a visual trading aid for manual trading. It is an EA, so it goes in the Experts folder.
It simply flips the chart horizontally in it's current position. It can add “Flip Flop Trend lines" which will also be flipped.
It's main use is to spot price patterns in down-trends. For some reason they are harder to spot than in up-trends, especially when trying to BARF.
It works by turning on “Line chart” and printing new candles which look the same, just upside down. Bull Candles will turn to Bear candles & vice versa, flipped on the x axis.
Jon
Edit: Adding a quickly botched together user guide
User Inputs:
Auto Line Color: Default is true.
In this state the “Line chart” is hidden by changing it's colour to your background colour. Like we all did when playing with Heiken Ashi candles.
Remove_FF_TL_On_Close: Default is false.
In this state when you remove the EA the Flip Flop Trend Lines (FF_TLs) will remain on the chart.
If set to true, only the FF_TL(s) will be deleted.
Colour(s) Self explanatory.
X_Position: Horizontally move the controls.
Y_Position: Vertically move the controls.
Note: The controls can only be moved when first put on a chart. You can edit the x/y on lines 34/5 and re-compile.
Example:
input int X_Position = 250;
User guide:
Flip Flip radio button:
Toggle On/Off.
Flips the chart and any FF_TLs. When the chart is flipped the button reads Flipped and changes colour.
You can Zoom in/out but can't scroll or use the vertical scale in the Flipped position.
If you want to change Timeframes, scroll, etc. Flip back to the Normal position first, then after changing Timeframe, compressing on the vertical scale etc you can flip back to the Flipped position.
Note: In the flipped position prices are obviously meaningless.
+/: Add FF_TL Button.
When the chart is ONLY in the “Flipped” position pressing the +/ button will add a FF_TL. You can position it as you normally would. There is no limit to how many can be added to a chart.
Note: Again, flip to the Normal position when Zooming in/out, scrolling, resizing and changing timeframe, then after you've made changes, flip to the Flipped position. If you don't, things can quickly get messy with the Tls
x/: Delete FF_TL Button
This will delete ALL of the FF_TLs on the current chart.
EDIT: 1/3/19 Added v1.01
A Minor update.
User Inputs:
- "Flipped Colour" can now be changed.
When changing user inputs, Flip Flop button doesn't stick in the "Flipped" position anymore.
User inputs are hopefully easier to read now.
