Traders.com

eSIGNAL: MARCH 2013

For this month’s Traders’ Tip, we’ve provided the formula “CamarillaPoints.efs” based on Slawomir Bobrowski’s article in this issue, “Camarilla Points.”

The study contains a formula parameter to set the colors for resistance & support levels, buy & sell signals, and the time frame period, which may be configured through the Edit Chart window.

To discuss this study or download a complete copy of the formula code, please visit the EFS Library Discussion Board forum under the forums link from the support menu at www.esignal.com or visit our EFS KnowledgeBase at www.esignal.com/support/kb/efs/. The eSignal formula scripts (EFS) are also available for copying and pasting below.

A sample chart is shown in Figure 2.

FIGURE 2: eSIGNAL

/*********************************
Provided By:  
eSignal (Copyright c eSignal), a division of Interactive Data 
Corporation. 2012. All rights reserved. This sample eSignal 
Formula Script (EFS) is for educational purposes only and may be 
modified and saved under a new file name.  eSignal is not responsible
for the functionality once modified.  eSignal reserves the right 
to modify and overwrite this EFS file with each new release.
Description:     
Camarilla Points, by Slawomir Bobrowski
Version:            1.00  01/10/2013
Formula Parameters:                         Default:
Resistance level Color                      purple
Support Level Color                         magenta
Buy Signal Color                            green
Sell Signal Color                           red
Time Frame Period                           15
Notes:
The related article is copyrighted material. If you are not a subscriber
of Stocks & Commodities, please visit www.traders.com.
**********************************/
var fpArray = new Array();
function preMain()
{   
setPriceStudy(true);
setStudyTitle("Camarilla Points");    
setCursorLabelName("R5",0);    
setPlotType(PLOTTYPE_FLATLINES,0);
setCursorLabelName("R4",1);    
setPlotType(PLOTTYPE_FLATLINES,1);
setCursorLabelName("R3",2);    
setPlotType(PLOTTYPE_FLATLINES,2);
setCursorLabelName("R2",3);
setPlotType(PLOTTYPE_FLATLINES,3);
setCursorLabelName("R1",4);
setPlotType(PLOTTYPE_FLATLINES,4);
setCursorLabelName("S1",5);
setPlotType(PLOTTYPE_FLATLINES,5);
setCursorLabelName("S2",6);
setPlotType(PLOTTYPE_FLATLINES,6);
setCursorLabelName("S3",7);    
setPlotType(PLOTTYPE_FLATLINES,7);
setCursorLabelName("S4",8);     
setPlotType(PLOTTYPE_FLATLINES,8);   
setCursorLabelName("S5",9);   
setPlotType(PLOTTYPE_FLATLINES,9); 
var x = 0;
fpArray[x] = new FunctionParameter("gRColor", FunctionParameter.COLOR);
with(fpArray[x++])
{
setName("Resistance level Color");        
setDefault(Color.purple);
}  
fpArray[x] = new FunctionParameter("gSColor", FunctionParameter.COLOR);
with(fpArray[x++])
{
setName("Support Level Color");        
setDefault(Color.magenta);
}  
fpArray[x] = new FunctionParameter("gBuyColor", FunctionParameter.COLOR);
with(fpArray[x++])
{
setName("Buy Signal Color");        
setDefault(Color.green);
}  
fpArray[x] = new FunctionParameter("gSellColor", FunctionParameter.COLOR);
with(fpArray[x++])
{
setName("Sell Signal Color");        
setDefault(Color.red);
}  
fpArray[x] = new FunctionParameter("gDays", FunctionParameter.NUMBER);
with(fpArray[x++])
{
setName("Time Frame Period");        
setDefault(15);
} 
}
var bInit = false;
var bVersion = null;
var xHHigh  = null;
var xLLow   = null;
var xClose = null; 
var xHigh  = null;
var xLow   = null;
var nR1 = null;
var nS1 = null;
var nR2 = null;
var nS2 = null;  
var nR3 = null;
var nS3 = null;
var nR4 = null;
var nS4 = null;
var nR5 = null;
var nS5 = null;
function main(gRColor,gSColor,gBuyColor,gSellColor,gDays)
{
if (bVersion == null) bVersion = verify();
if (bVersion == false) return;   
setDefaultBarFgColor(gRColor, 0);      
setBarStyle(PS_DASH,0);
setDefaultBarFgColor(gRColor, 1);  
setBarStyle(PS_DASH,1);
setDefaultBarFgColor(gRColor, 2);  
setDefaultBarThickness(2,2);
setDefaultBarFgColor(gRColor, 3);  
setBarStyle(PS_DASH,3);
setDefaultBarFgColor(gRColor, 4);  
setBarStyle(PS_DASH,4);
setDefaultBarFgColor(gSColor, 5);  
setBarStyle(PS_DASH,5);
setDefaultBarFgColor(gSColor, 6);  
setBarStyle(PS_DASH,6);
setDefaultBarFgColor(gSColor, 7);      
setDefaultBarThickness(2,7);
setDefaultBarFgColor(gSColor, 8);  
setBarStyle(PS_DASH,8);    
setDefaultBarFgColor(gSColor, 9);  
setBarStyle(PS_DASH,9);
if(!bInit)
{
xHHigh  = highest(gDays,high()); 
xLLow   = lowest(gDays,low());
xClose = close();
xHigh = high();
xLow = low();
bInit = true;
}
if (getBarState()==BARSTATE_ALLBARS)
{        
nR5 = nR4 = nR3 = nR2 = nR1 = null;
nS1 = nS2 = nS3 = nS4 = nS5 = null;
}
if ((getCurrentBarIndex()-1) % (gDays) == 0)
{  
var nHHigh  = xHHigh.getValue(-1);
var nLLow   = xLLow.getValue(-1);
var nClose = xClose.getValue(-1); 
if(nHHigh == null || nLLow == null || nClose == null || nLLow == 0)
return;          
var nRange = nHHigh-nLLow;
nR5 = (nHHigh/nLLow)*nClose;
nR4 = nClose+nRange*1.1/2;
nR3 = nClose+nRange*1.1/4;    
nR2 = nClose+nRange*1.1/6;
nR1 = nClose+nRange*1.1/12;
nS1 = nClose-nRange*1.1/12;
nS2 = nClose-nRange*1.1/6;  
nS3 = nClose-nRange*1.1/4;
nS4 = nClose-nRange*1.1/2;
nS5 = nClose-(nR5-nClose);
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nR1, " R1 ", gRColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex());               
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nR2, " R2 ", gRColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex()+1);               
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nR3, " R3 ", gRColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex()+2);               
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nR4, " R4 ", gRColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex()+3);               
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nR5, " R5 ", gRColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex()+4);               
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nS1, " S1 ", gSColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex()+5);               
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nS2, " S2 ", gSColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex()+6);
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nS3, " S3 ", gSColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex()+7);
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nS4, " S4 ", gSColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex()+8);
drawTextAbsolute(getCurrentBarIndex()+gDays-1, nS5, " S5 ", gSColor, null, Text.LEFT | Text.BOLD | Text.ONTOP, null, null,getCurrentBarIndex()+9);        
}       
var nHigh = xHigh.getValue(0);
var nLow = xLow.getValue(0);
if(nHigh == null || nLow == null)
return;  
if ((nR3<nHigh) && (nR3>nLow)) drawShapeRelative(0, TopRow3 , Shape.DIAMOND, null, gSellColor, Shape.PRESET);
if ((nS3<nHigh) && (nS3>nLow)) drawShapeRelative(0, BottomRow3 , Shape.DIAMOND, null, gBuyColor, Shape.PRESET);
return new Array(nR5,nR4,nR3,nR2,nR1,nS1, nS2, nS3,nS4,nS5);        
}
function verify() {
var b = false;
if (getBuildNumber() < 779) {
drawTextAbsolute(5, 35, "This study requires version 8.0 or later.", 
Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,
null, 13, "error");
drawTextAbsolute(5, 20, "Click HERE to upgrade.@URL=http://www.esignal.com/download/default.asp", 
Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,
null, 13, "upgrade");
return b;
} else {
b = true;
}
return b;
}

—Jason Keck
eSignal, an Interactive Data company
800 779-6555, www.eSignal.com