Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.


elder bar / mapping convert to easylanguage

Recommended Posts

hey everyone

i need help , i use the tradestation platform and im looking for an indicator that called mapping or elder bar

you can see it on tradeview website as the picture i add ,this indicator should say about trend of increasing or decline and change the color of the background(green /red)

in addition if no one can find this indicator i will post the open code below and hopfully someone can convert it to easylanguage (i dont know what code this is)

thanks very much

study("Mapping 9.1 / 9.2 / 9.3 (v2.1)", overlay=true)
// Hi, This is my first pine script 
// It helps to map the first reference candles for the setups 9.1 9.2 and 9.1
// Many thanks to Mr. Alexandre Palex for the many public tutorials and videos about this setups.
// You can find a very rich reference in his blog http://atpalex.blogspot.com.br

// now, lets go to the mapping.
// 1) At first, we test if the ema 9 is up or dowm
//        if it is Up the background is painted yellow and you can find the reference candles for the setups
//        if it is down the background is Gray and you can find the reference candles for the setups
// 2) Then we compare the close, highs and lows if the candle match some of the setup rules, and if match we plot a sign in the reference candle with the name of respective setup, now you can decide in the next candle if it is eligible for an entry SHORT/LONG position. 
// Please few free to comment and tell me any inconsistency... 
// Later as soon I’m get used withe pine script I will improve this script with more and more features

// Best regards,
// Alberto van Drunen

//Exponential average calc & plot:
mm9exp = ema(close,9)

// seting the background to show the possible area of interest => growing ema9
growing = (mm9exp >= mm9exp[1] ? true : false)
bgcolor( growing ? yellow : gray , transp= 90 )

// Find a 9.2 reference start candle

// up 9.2 Find a Candle that closes under the prevous min 
trig92 = (growing ?  ( close < low[1] ? high : 0) : 0)
plotchar(trig92 , text='9.2' , color=green, textcolor=green)

//down 9.2 Find a Candles that closes above the previous max
trig92Down = (not growing ?  ( close > high[1] ? low : 0) : 0)
plotchar(trig92Down , text='9.2' , color=red, textcolor=red,  location= location.belowbar)

// find a 9.3 referenc candle
c0 = close
c1 = close[1]
cMax = close[2]
cMin1 = low[2]
//trig93 = (growing ?  ( (c1 > cMin1) and ( c1 < cMax) and ( c0 < cMax ) and ( c0 > cMin ) ? high  : 0) : 0)
trig93 = (growing ?  ( (c1 > cMin1) and ( c1 < cMax) and ( c0 < cMax )  ? high  : 0) : 0)
plotchar(trig93 , text='9.3' , color=blue, textcolor=blue)

cMinDown = close[2]
cMaxDown = high[2]

trig93Down = (not growing ?  ( (c1 < cMaxDown) and ( c1 > cMinDown)  and ( c0 > cMinDown ) ? low  : 0) : 0)
plotchar(trig93Down , text='9.3' , color=orange, textcolor=orange, location= location.belowbar)

// now lets find 9.1
changtogrow = ( growing and not growing[1] ? true : false)
trig91 = (changtogrow and (close >  mm9exp ) ? high  : 0)
plotchar(trig91 , text='9.1' , color=black, textcolor=black)

changtodown = ( not growing and  growing[1] ? true : false)

trig91Down = (changtodown and (close <  mm9exp ) ? low  : 0)
plotchar(trig91Down , text='9.1' , color=purple, textcolor=purple, location= location.belowbar)



ללא שם.png

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...

Important Information

By using this site, you agree to our Terms of Use.