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Hi,
I got this code from someone who shall remain anonymous. I have looked at it
for awhile and I was wondering if someone recognizes it or knows anything
about how it is supposed to be used or any other details. Thanks
Brent
INPUT: Dayz(4), SigExpir(50);
VAR: MarketHigh(-99999), MarketLow(999999), PHi(0), PLo(0), Idx(0),
PrevPHiBar(0), PBarCount(0), LowestPLo(0), LowestPLoBar(0),
PLoFound(FALSE), Lo2HiDays(0), TempBuyPrice(0), TempBuyBar(0),
TempBuyON(FALSE), PrevPLoBar(0), HighestPHi(0),
HighestPHiBar(0), PHiFound(FALSE), Hi2LoDays(0),
TempSellPrice(0), TempSellBar(0), TempSellON(FALSE);
ARRAY: PHiBar[1500](0), PHiPrice[1500](0),
PLoBar[1500](0), PLoPrice[1500](0);
{ -------------------------------------------------------------------- }
PLoFound = FALSE;
PHiFound = FALSE;
IF High > MarketHigh THEN { Capture Highest High of Market }
MarketHigh = High
ELSE
MarketHigh = MarketHigh[1];
IF Low < MarketLow THEN { Capture Lowest Low of Market }
MarketLow = Low
ELSE
MarketLow = MarketLow[1];
IF High < High[1] AND High[1] > High[2] THEN { Identify Pivot Highs }
BEGIN
PHi = PHi + 1; { Pivot High Counter }
PHiBar[PHi] = CurrentBar - 1; { Most Recent Pivot High Bar }
PHiPrice[PHi] = High[1]; { Most Recent Pivot High Price }
END;
IF Low > Low[1] AND Low[1] < Low[2] THEN { Identify Pivot Lows }
BEGIN
PLo = PLo + 1; { Pivot Low Counter }
PLoBar[PLo] = CurrentBar - 1; { Most Recent Pivot Low Bar }
PLoPrice[PLo] = Low[1]; { Most Recent Pivot Low Price }
END;
IF PHiBar[PHi] = CurrentBar - 1 AND
PHiPrice[PHi] < MarketHigh AND
PHi > 1 AND PLo > 1 THEN { Test Each New Pivot High }
BEGIN
FOR Idx = PHi - 1 DownTo 1 { Do we have a Higher Pivot}
BEGIN
IF PHiPrice[PHi] < PHiPrice[Idx] THEN { Is it Higher ? }
BEGIN
PrevPHiBar = PHiBar[Idx]; { Yes, at this Bar Location }
Idx = 1; { Stop Looking }
END;
END;
PBarCount = PHiBar[PHi] - PrevPHiBar; { Bars between Pivots }
IF PBarCount >= Dayz THEN { Are there enough Days ? }
BEGIN
LowestPLo = PLoPrice[PLo]; { Initialize with Last P-Low}
LowestPLoBar = PLoBar[PLo]; { Remember the Bar Number}
FOR Idx = PLo - 1 DownTo 1 { Search for Pivot Low Point }
BEGIN
IF PLoBar[Idx] > PrevPHiBar THEN {Are we within Pivot Range}
BEGIN
IF LowestPLo > PLoPrice[Idx] THEN {Is This Low Lower ?}
BEGIN
LowestPLo = PLoPrice[Idx]; { Yes, Get its Price }
LowestPLoBar = PLoBar[Idx]; { & Get its Bar Number}
PLoFound = TRUE; { Turn Flag On }
END;
END
ELSE
Idx = 1; { Stop Looking }
END;
END; { END - PBarCount >= Dayz }
IF PLoFound THEN BEGIN { If there was a Pivot Low }
Lo2HiDays = PHiBar[PHi] - LowestPLoBar; { Determine Day to Low}
IF Lo2HiDays >= Dayz AND
PHiBar[Phi] > TempBuyBar THEN { Does this Pivot Qualify ?}
BEGIN
TempBuyPrice = PHiPrice[Phi]; { Yes, Set Buy STOP Price }
TempBuyBar = PHiBar[Phi]; { Remember When }
TempBuyOn = TRUE; { Turn Buy Flag ON }
END;
END;
END; { END - Pivot High Testing }
{ --------------------- SHOW BUY POINTS --------------------------- }
IF TempBuyON THEN
BEGIN
IF High < TempBuyPrice AND
CurrentBar - TempBuyBar <= SigExpir THEN
PLOT1(TempBuyPrice + 1 * MinMove POINT,"PHi")
ELSE
TEMPBuyON = FALSE;
END;
{ --------------------- SHORT SETUP TEST -------------------------- }
IF PLoBar[PLo] = CurrentBar - 1 AND
PLoPrice[PLo] > MarketLow AND
PHi > 1 AND PLo > 1 THEN { Test Each New Pivot High }
BEGIN
PBarCount = 0;
FOR Idx = PLo - 1 DownTo 1 { Do we have a Higher Pivot }
BEGIN
IF PLoPrice[PLo] > PLoPrice[Idx] THEN { Is it Lower ? }
BEGIN
PrevPLoBar = PLoBar[Idx]; { Yes, at this Bar Location }
PBarCount = PLoBar[PLo] - PrevPLoBar; { Bars between Pivots}
Idx = 1; { Stop Looking }
END;
END;
IF PBarCount >= Dayz THEN { Are there enough Days ? }
BEGIN
HighestPHi = PHiPrice[PHi]; { Initialize with Last P-Low}
HighestPHiBar = PHiBar[PHi]; { Remember the Bar Number}
FOR Idx = PHi - 1 DownTo 1 { Search for Pivot Low Point }
BEGIN
IF PHiBar[Idx] > PrevPLoBar THEN {Are we within PivotRange}
BEGIN
IF HighestPHi < PHiPrice[Idx] THEN { Is High Higher ?}
BEGIN
HighestPHi = PHiPrice[Idx]; { Yes, Get its Price }
HighestPHiBar = PHiBar[Idx]; { Get its Bar Number}
PHiFound = TRUE; { Turn Flag On }
END;
END
ELSE
Idx = 1; { Stop Looking }
END;
END; { END - PBarCount >= Dayz }
IF PHiFound THEN { If there was a Pivot High }
BEGIN
Hi2LoDays = PLoBar[PLo] - HighestPHiBar;{ Determine Day to High}
IF Hi2LoDays >= Dayz AND
PLoBar[PLo] > TempSellBar THEN { Does this Pivot Qualify ?}
BEGIN
TempSellPrice = PLoPrice[PLo]; { Yes, Set Sell STOP Price }
TempSellBar = PLoBar[PLo]; { Remember When }
TempSellOn = TRUE; { Turn Buy Flag ON }
END;
END;
END; { END - Pivot High Testing }
{ -------------------------- SHOW SELL POINTS ---------------------- }
IF TempSellON THEN
BEGIN
IF Low > TempSellPrice AND
CurrentBar - TempSellBar <= SigExpir THEN
PLOT2((TempSellPrice - 1 * MinMove POINT),"PLo")
ELSE
TEMPSellON = FALSE;
END;
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