REJECTION SPIKE MEETS - LONDON UNDERGROUND / VDUB_VLR_V2
Combined indicators
London underground
Added an additional 2 x user customisable time lines to work simultaneously on all time frames indicating Reversal Zones
Rejection Spike + Strategy
For lower charts I've found the ultimate settings are
240
60
15
Also helps to refresh the page
Combined indicators
London underground
Rejection Spike + Strategy
For lower charts I've found the ultimate settings are
240
60
15
Also helps to refresh the page
study("VDUB_VLR_V2", shorttitle="VDUB_VLR_V2", overlay=true)
len = input(34, minval=1, title="Length")
src = input(close, title="Source")
out = ema(src, len)
plot(out, title="EMA", color=maroon)
last8h = highest(close,13)
lastl8 = lowest(close, 13)
plot(last8h, color=black,style=line, linewidth=1, title="Upper channel")
plot(lastl8, color=black,style=line, linewidth=1, title="Lower channel")
bearish = cross(close,out) == 1 and close[1] > close
bullish = cross(close,out) == 1 and close[1] < close
//======{RS}=====================================================================//
tf = input('240')
M = input('ATR')
P = input(14.00, type=float)
W = input(1)
pf = pointfigure(tickerid, 'close', M, P, W)
spfc = security(pf, tf, close)
p2 = plot(spfc, color=red, linewidth=4, title="Central Line 1")
//======================================================================//
tf2 = input('120')
M2 = input('ATR')
P2 = input(14.00, type=float)
W2 = input(1)
pf2 = pointfigure(tickerid, 'close', M2, P2, W2)
spfc2 = security(pf2, tf2, close)
p22 = plot(spfc2, color=blue, linewidth=3, title="Central Line 2")
//=====================================================================//
tf3 = input('60')
M3 = input('ATR')
P3 = input(14.00, type=float)
W3 = input(1)
pf3 = pointfigure(tickerid, 'close', M3, P3, W3)
spfc3 = security(pf3, tf3, close)
p23 = plot(spfc3, color=teal, linewidth=3, title="Central Line 3")
//============================Ichomku---------------------------------------------//
show_cloud = input(true, title="Display Ichimoku Cloud:")
conversionPeriods = input(34, minval=1)
basePeriods = input(26, minval=1)
laggingSpan2Periods = input(52, minval=1)
displacement = input(26, minval=1)
donchian(len) => avg(lowest(len), highest(len))
conversionLine = donchian(conversionPeriods)
baseLine = donchian(basePeriods)
leadLine1 = avg(conversionLine, baseLine)
leadLine2 = donchian(laggingSpan2Periods)
plot(not show_cloud ? na : conversionLine, color=green,linewidth=3, style=line, title="Mid line resistance levels")
p1 = plot(not show_cloud ? na : leadLine1, offset = displacement, color=white, linewidth=1, title="Lead 1")
p3 = plot(not show_cloud ? na : leadLine2, offset = displacement, color=black, linewidth=4, title="Lead 2")
fill(p1, p3, color=blue, transp=100)
//----------------------------------------------------------------------------////
length1 = input(13, minval=1, title="Upper Channel")
length2 = input(13, minval=1, title="Lower Channel")
upper = highest(length1)
lower = lowest(length2)
basis = avg(upper, lower)
l = plot(lower, style=circles, linewidth=2, color=green)
u = plot(upper, style=circles, linewidth=2, color=red)
fill(u, l, color=white, transp=75, title="Fill")
//===========================================================================================//