_SECTION_BEGIN("Simple Pivot based Trading System");
// User defined parameters.
//GraphXSpace = 10; //defines how much extra space should be added above and below graph line (in percent).
dist = 0.25*ATR(10);
Capital=Param("Total capital",100000,10000,1000000,1000);
drawdown=Param("Max. loss per trade as % of Capital", 1.0,0.5,25.0,0.1);
room=Param("Room for S/L as % of Pivot value",0,0.001,0.02,0.001);
// Now calculate pivots. Method courtesy : Kenneth (www.traderji.com)
PH= ValueWhen(
(Ref(H,-2) > Ref(H, -4)) AND
(Ref(H,-2) > Ref(H, -3)) AND
(Ref(H,-2) > Ref(H, -1)) AND
(Ref(H,-2) > H), Ref(H,-2));
PL= ValueWhen(
(Ref(L,-2) <= Ref(L, -4)) AND
(Ref(L,-2) <= Ref(L, -3)) AND
(Ref(L,-2) <= Ref(L, -1)) AND
(Ref(L,-2) <= L), Ref(L,-2));
// filter lines
phfilter=PH+(room*PH);
plfilter=PL-(room*PL);
//Uncomment following code if you wish to see the pivot lines.
Plot(Ref(PH,2), "UpPivot", ParamColor("UpPivot Color",colorRed), styleDashed);
Plot(Ref(PL,2), "DownPivot",ParamColor("DownPivot Color",colorGreen), styleDashed);
//Plot(Ref(Phfilter,2), "Upfilter", ParamColor("upfilter Color",colorRed), styleLine);
//Plot(Ref(Plfilter,2), "Downfilter",ParamColor("dnfilter Color",colorGreen), styleLine);
//Plot(Ref(UpFractal,2), "Up Fractal", ParamColor("Up Fractal Color",colorRed),8);
//Plot(Ref(DownFractal,2), "Down Fractal",ParamColor("Down Fractal Color",colorGreen),8);
/*for (a=4;a<BarCount;a++)
{
if ((H[a-2] >= H[a-4]) AND
(H[a-2] >= H[a-3]) AND
(H[a-2] >= H[a-1]) AND
(H[a-2] >= H[a]))
PlotText("PH", a-2, H[a-2], colorGreen);
if ((L[a-2] <= L[a-4]) AND
(L[a-2] <= L[a-3]) AND
(L[a-2] <= L[a-1]) AND
(L[a-2] <= L[a]))
PlotText("PL", a-2, L[a-2]-dist[a-2], colorRed);
}*/
//Condition for buy : Enter when Close crosses latest pivot high.
Buy = C> (PH+(room*PH));
initialStopBuy=Ref(PL,2)-(Ref(PL,2)*room/100);
trailStopBuy=IIf(C>PH,Ref(initialStopBuy,-1),initialStopBuy);
newStopBuy=trailStopBuy;
BuyLimitCapital=int(Capital/C);
SLbuy=round(C-initialStopBuy);
BuyLimitSL=int((Capital*drawdown)/(100*SLbuy));
//Condition for sell : Exit when previous pivot low is cracked.
Sell = C< (PL-(room*PL));
Buy = ExRem(Buy,Sell);
Sell= ExRem(Sell,Buy);
//Short = Sell;
//Cover = Buy;
//Short=ExRem(Short,Cover);
//Cover=ExRem(Cover,Short);
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( shape, IIf( Buy, colorGreen, colorRed ),0, IIf( Buy, Low, High ) );
_SECTION_END();
piv = (H+L)/2;
Col_bar = IIf(CCI(14) > 100, colorDarkYellow, IIf(CCI(14) < -100,colorDarkYellow,IIf(CCI(14) > Ref(CCI(14),-1),colorBrightGreen,colorRed)));
Plot (Close,"Close",col_bar,styleBar+styleThick);
//Plot (Ref(piv,-3),"",colorGrey40,styleStaircase);
Hi = IIf(Ref(MA(piv,5),-3) > Ref(MA(piv,8),-5) AND Ref(MA(piv,5),-3) > Ref(MA(piv,13),-8),Ref(MA(piv,5),-3),IIf(Ref(MA(piv,5),-3) < Ref(MA(piv,8),-5) AND Ref(MA(piv,8),-5) > Ref(MA(piv,13),-8),Ref(MA(piv,8),-5),IIf(Ref(MA(piv,13),-8) > Ref(MA(piv,5),-3) AND Ref(MA(piv,8),-5) < Ref(MA(piv,13),-8),Ref(MA(piv,13),-8),0)));
Lo = IIf(Ref(MA(piv,5),-3) < Ref(MA(piv,8),-5) AND Ref(MA(piv,5),-3) < Ref(MA(piv,13),-8),Ref(MA(piv,5),-3),IIf(Ref(MA(piv,5),-3) > Ref(MA(piv,8),-5) AND Ref(MA(piv,8),-5) < Ref(MA(piv,13),-8),Ref(MA(piv,8),-5),IIf(Ref(MA(piv,13),-8) < Ref(MA(piv,5),-3) AND Ref(MA(piv,8),-5) > Ref(MA(piv,13),-8),Ref(MA(piv,13),-8),0)));
Op = (Hi+Lo)/2;
Cl = IIf(C > Hi AND C > Lo, Hi, IIf(C < Hi AND C < Lo, Lo,C));
Plot(HI,"",colorWhite,styleThick);
Plot(Lo,"",colorWhite,styleThick);
Col_cloud = IIf(C > Hi,colorDarkGreen, IIf(C < Lo, colorDarkRed,colorYellow));
PlotOHLC(Op,Hi,Lo,Cl,"",colorBlue,styleCloud+styleNoLabel);
_SECTION_BEGIN("Fibo for all bars");
TimeFrameSet( in15Minute*2 );
DH=Ref(H,-1);
DL=Ref(L,-1);
DC=Ref(C,-1);
pd = (O+ DH+ DL + DC )/4;
sd1 = (2*pd)-DH;
sd2 = pd -(DH - DL);
sd3 = Sd1 - (DH-DL);
rd1 = (2*pd)-DL;
rd2 = pd +(DH -DL);
rd3 = rd1 +(DH-DL);
//Plot (pd,"Pivot",colorBlue,styleDots);
//Plot (rd1," R1 ",35,styleDots);
//Plot (rd2," R2 ",35,styleDots);
//Plot (rd3," R3 ",35,styleDots);
//Plot (sd1," S1 ",4,styleDots);
//Plot (Sd2," S2 ",4,styleDots);
//Plot (Sd3," S3 ",4,8+16);
/*
style = IIf(ParamList("Chart style", "styleCandle|styleBar")=="styleCandle",64,128+4);
Plot (C,Date ()+" close",1,style); //ENABLE THIS TO HAVE CANDLES AS WELL
*/
TimeFrameRestore();
Title = EncodeColor(colorWhite)+ "" + " - " + Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
" - " + Date() +" - "
//+ WriteIf(Col_action==colorGreen, EncodeColor(colorGreen)+"stay LONG","")+ WriteIf(Col_action==colorRed, EncodeColor(colorRed)+"stay SHORT","")+ WriteIf(Col_action==colorBlack, EncodeColor(colorYellow)+"No Trend","")+"\n"
+ "Vol= "+ WriteVal(V) +WriteIf ( V > MA(V,26) ,EncodeColor(colorGreen)+" UP "+ (V/MA(V,26))*100 + " %", EncodeColor(colorRed)+" DOWN "+ (V/MA(V,26))*100 + " %")
+ EncodeColor(colorGreen)+ "\n R3 : "+ EncodeColor(colorWhite)+RD3
+ EncodeColor(colorGreen)+ "\n R2 : "+ EncodeColor(colorWhite)+RD2
+ EncodeColor(colorGreen)+ "\n R1 : "+ EncodeColor(colorWhite)+RD1+ EncodeColor(colorGreen)+ "` Hi: "+ EncodeColor(colorWhite)+H
+ EncodeColor(colorBlue)+ "\n Pivot : "+ EncodeColor(colorWhite)+pd + EncodeColor(colorYellow)+ "` Op: "+ EncodeColor(colorWhite)+O+ EncodeColor(colorAqua)+ "Cl: "+ EncodeColor(colorBrightGreen)+C
+ EncodeColor(colorRed)+ "\n S1 : "+ EncodeColor(colorWhite)+SD1+ EncodeColor(colorRed)+ "` Lo: "+ EncodeColor(colorWhite)+L
+ EncodeColor(colorRed)+ "\n S2 : "+ EncodeColor(colorWhite)+SD2
+ EncodeColor(colorRed)+ "\n S3 : "+ EncodeColor(colorWhite)+SD3
;
_SECTION_END();
