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The main set of features includes:
Three independent trailing types each with their own +/- multipliers:
– Standard % change
– ATR (aka Supertrend)
– IQR (inter-quartile range)
These can be used in isolation or summed together. A subsequent pair of direction specific multipliers are also included.Example:
local atrLength = Input('atrLength', 8)
local atrMult = Input('atrMult', 1)
local tslPercent = Input('Trailing %', 0)
local triggerLength = Input('triggerLength', 2)
local centreLength = Input('centreLength', 8)
local iqrLength = Input('iqrLength', 12)
local iqrMult = Input('iqrMult', 0)
local loMult = Input('loMult', 1)
local hiMult = Input('loMult', 1)
local filterSum = Input('filterSum', false)local trlBlz = CC_Trail_Blaze(atrLength, atrMult, tslPercent, triggerLength, centreLength, iqrLength,iqrMult, loMult,hiMult, filterSum)
if trlBlz.trnd == 1 then
PlotShapes(
Plot(0, 'up', trlBlz.lostp, {w = 1, c=Aqua(100), s=Smooth, id = NewGuid()}),
ShapeCircle,Aqua
)elseif trlBlz.trnd == -1 then
PlotShapes(
Plot(0, 'down', trlBlz.histp, {w = 1, c=Purple(100), s=Smooth, id = NewGuid()}),
ShapeCircle, Purple
)end