// This source code is subject to the terms of the Mozilla Public License 2.

0 at
https://mozilla.org/MPL/2.0/
// © Vikas

//@version=4

//www.stockfinz.com

//Description-- This is trend based Buy/Sell indicator which is simple to use..

// Now the Question is: How to use this Indicator for maximum gain?
// If one is looking to buy the shares, then the green line should be above the
red line and long symbol must be generated over the graph.
// If one is looking to sell the shares, then the green line should be below the
red line and short symbol must be generated over the graph.
// This Indicator works best on 1min, 3min, 5min, 15min, charts.
// Avoid Trading based on this indicator if price is in range bound or less
volatile....
// Draw trend line for more accuracy.

study(title="Buy/Sell by StockFinz.com", overlay=true)

source = input(defval=close, title="Source")

quickEMA = ema(close, 9)
plot(series=quickEMA, color=color.green, linewidth=2)
per1 = input(defval=27, minval=1, title="Fast period")
mult1 = input(defval=1.6, minval=0.1, title="Fast range")
per2 = input(defval=55, minval=1, title="Slow period")
mult2 = input(defval=2, minval=0.1, title="Slow range")
smoothrng(x, t, m) =>
wper = t * 2 - 1
avrng = ema(abs(x - x[1]), t)
smoothrng = ema(avrng, wper) * m
smoothrng
smrng1 = smoothrng(source, per1, mult1)
smrng2 = smoothrng(source, per2, mult2)
smrng = (smrng1 + smrng2) / 2
rngfilt(x, r) =>
rngfilt = x
rngfilt := x > nz(rngfilt[1]) ? x - r < nz(rngfilt[1]) ? nz(rngfilt[1]) : x -
r :
x + r > nz(rngfilt[1]) ? nz(rngfilt[1]) : x + r
rngfilt
filt = rngfilt(source, smrng)
upward = 0.0
upward := filt > filt[1] ? nz(upward[1]) + 1 : filt < filt[1] ? 0 : nz(upward[1])
downward = 0.0
downward := filt < filt[1] ? nz(downward[1]) + 1 : filt > filt[1] ? 0 :
nz(downward[1])
hband = filt + smrng
lband = filt - smrng
longCond = bool(na)
shortCond = bool(na)
longCond := source > filt and source > source[1] and upward > 0 or source > filt
and source < source[1] and upward > 0
shortCond := source < filt and source < source[1] and downward > 0 or source <
filt and source > source[1] and downward > 0
CondIni = 0
CondIni := longCond ? 1 : shortCond ? -1 : CondIni[1]
long = longCond and CondIni[1] == -1
short = shortCond and CondIni[1] == 1
plotshape(long, title="BUY", text="BUY", style=shape.labelup,
textcolor=color.white, size=size.auto, location=location.belowbar,
color=color.green, transp=0)
plotshape(short, title="SELL", text="SELL", style=shape.labeldown,
textcolor=color.white, size=size.auto, location=location.abovebar,
color=color.red, transp=0)
alertcondition(long, title="BUY", message="BUY")
alertcondition(short, title="SELL", message="SELL")
anchor = input(defval = "Session", title="Anchor Period", type=input.string)
MILLIS_IN_DAY = 86400000
dwmBarTime = timeframe.isdwm ? time : time("D")
if na(dwmBarTime)
dwmBarTime := nz(dwmBarTime[1])
var periodStart = time - time // zero

makeMondayZero(dayOfWeek) => (dayOfWeek + 5) % 7

isMidnight(t) =>
hour(t) == 0 and minute(t) == 0

isSameDay(t1, t2) =>

dayofmonth(t1) == dayofmonth(t2) and
month(t1) == month(t2) and
year(t1) == year(t2)

isOvernight() =>
not (isMidnight(dwmBarTime) or security(syminfo.tickerid, "D", isSameDay(time,
time_close), lookahead=true))

tradingDayStart(t) =>
y = year(t)
m = month(t)
d = dayofmonth(t)
timestamp(y, m, d, 0, 0)

numDaysBetween(time1, time2) =>

y1 = year(time1)
m1 = month(time1)
d1 = dayofmonth(time1)

y2 = year(time2)
m2 = month(time2)
d2 = dayofmonth(time2)

diff = abs(timestamp("GMT", y1, m1, d1, 0, 0) - timestamp("GMT", y2, m2, d2,

0, 0))
diff / MILLIS_IN_DAY

tradingDay = isOvernight() ? tradingDayStart(dwmBarTime + MILLIS_IN_DAY) :

tradingDayStart(dwmBarTime)

isNewPeriod() =>
isNew = false
 if tradingDay != nz(tradingDay[1])
if anchor == "Session"
isNew := na(tradingDay[1]) or tradingDay > tradingDay[1]

if anchor == "Week"
DAYS_IN_WEEK = 7
isNew := makeMondayZero(dayofweek(periodStart)) +
numDaysBetween(periodStart, tradingDay) >= DAYS_IN_WEEK

if anchor == "Month"
isNew := month(periodStart) != month(tradingDay) or
year(periodStart) != year(tradingDay)

if anchor == "Year"
isNew := year(periodStart) != year(tradingDay)
isNew

src = hlc3
sumSrc = float(na)
sumVol = float(na)

sumSrc := nz(sumSrc[1], 0)
sumVol := nz(sumVol[1], 0)

if isNewPeriod()
periodStart := tradingDay
sumSrc := 0.0
sumVol := 0.0

if not na(src) and not na(volume)

sumSrc := sumSrc + src * volume
sumVol := sumVol + volume

vwapValue = sumSrc / sumVol

plot(vwapValue, title="VWAP", color=color.red, linewidth=3)

GLlabel=label.new(x=bar_index,y=close,text=" \n\n "+" www.StockFinz.com\n\n

"+" @VishwajeetSharma" ,
style=label.style_label_up,
color=color.new(color.red,transp=100),
textcolor=color.new(color.silver,transp=60),
size=size.large)
label.delete(GLlabel[1])

//EOS