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Mechas Señales Dago Trading Indicator

The document describes a script for a trading indicator named 'MechasSenalesDago' that utilizes high and low price series to generate signals. It defines functions to determine resistance levels and plots these levels along with the high and low signals on a chart. The script includes customizable input options for color and line width for better visualization.

Uploaded by

Juan Pablo Castillo
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as TXT, PDF, TXT or read online on Scribd
12 views1 page

Mechas Señales Dago Trading Indicator

The document describes a script for a trading indicator named 'MechasSenalesDago' that utilizes high and low price series to generate signals. It defines functions to determine resistance levels and plots these levels along with the high and low signals on a chart. The script includes customizable input options for color and line width for better visualization.

Uploaded by

Juan Pablo Castillo
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd

instrument{name="MechasSenalesDago",icon='indicators:ADX',overlay=true}

local function a()


local b=make_series()
local c=high[2]
if not get_value(c) then return b end
local d=high<=c and high[1]<=c and high[3]<=c and high[4]<=c
b:set(iff(d,c,b[1]))
return b
end

local function e()


local b=make_series()
local c=low[2]
if not get_value(c) then return b end
local d=low>=c and low[1]>=c and low[3]>=c and low[4]>=c
b:set(iff(d,c,b[1]))
return b
end

input_group{
{"Color", color=input{default="lime", type=[Link]}},
{"Width", width=input{default=1, type=input.line_width}}
}

mechas_senalesdago_high = a()
mechas_senalesdago_low = e()

color_resistance_1 = "yellow"
color_resistance_3 = "red"

resistance_price_1 = low[1] + (0.85 * (high[1] - low[1]))


resistance_price_3 = high[1]

hline(resistance_price_1, "Resistance 1", color_resistance_1, width)


hline(resistance_price_3, "Resistance 3", color_resistance_3, width)

hline(mechas_senalesdago_high,"High", color, width)


hline(mechas_senalesdago_low,"Low", color, width)

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