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Hi Pip,
Hope the following might be helpful to you.
/*
Buy / Sell Indicator based on a % Inrease / Decrease
*/
Setpoint = 8;
ScanPeriod = 40;
GraphXSpace= 1000;
Color = IIf(C >=Ref(C,-1),colorGreen,colorRed);
Y = 50;
for(N = 1; N <= ScanPeriod; N = N + 1)
{
Change = ((C - LLV(C,N)) / C) * 100;
Buy = Cross(Change,Setpoint);
Change = ((C - HHV(C,N)) / HHV(C,N)) * 100;
Sell = Cross(-Setpoint,Change);
Graph1 = Y;
PlotShapes(shapeSmallCircle,Color,0,Y, Offset = 0);
PlotShapes(IIf(Buy,shapeUpArrow,shapeNone),colorGreen,0,Y-1);
PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed,0,Y+1);
}
Title = " " + Name() + " - " + EncodeColor(colorRed) +Setpoint + "%"
+ EncodeColor(colorGreen) + " Buy " + EncodeColor(colorBlack)
+ " / " + EncodeColor(colorRed) + " Sell - " + ScanPeriod + "
Period Scan ";
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