Support Board

// Inputs
SCInputRef Input_MinimumValidPivotPeriod = sc.Input[10];
SCInputRef Input_MarkerOffset = sc.Input[13];

// Subgraphs
SCSubgraphRef Subgraph_Ema = sc.Subgraph[0];
SCSubgraphRef Subgraph_Slope = sc.Subgraph[1];
SCSubgraphRef Subgraph_PeriodLength = sc.Subgraph[8];
SCSubgraphRef Subgraph_PivotPoint = sc.Subgraph[9];

// Constants
const int PIVOT_HIGH = 0;
const int PIVOT_LOW = 1;

// Use persistent variables to remember attached order IDs so they can be modified or canceled.
int32_t& CurrentPivotValue = sc.GetPersistentInt(10); // Stores the pivot value (either high or low) for the most recent direction trend
int32_t& CurrentPivotIndex = sc.GetPersistentInt(11); // Stores the index of the pivot value for the most recent direction trend
int32_t& LastPivotValue = sc.GetPersistentInt(12); // Stores the last pivot value for the previous direction trend
int32_t& LastPivotIndex = sc.GetPersistentInt(13); // Stores the last pivot index for the previous direction trend
int32_t& PivotType = sc.GetPersistentInt(14); // Stores the type of pivot that most recently occurred (PIVOT_HIGH or PIVOT_LOW)
int32_t& PivotDrawingNum = sc.GetPersistentInt(15); // Stores the drawing line number of the last pivot drawing in case it needs to be deleted

// Miscellaneous variables and objects
s_UseTool PivotDrawing;

// Initialize pivot tool drawing
PivotDrawing.Clear();
PivotDrawing.ChartNumber = sc.ChartNumber;
PivotDrawing.DrawingType = DRAWING_MARKER;
PivotDrawing.MarkerType = MARKER_DIAMOND;
PivotDrawing.Color = RGB(255,255,0); // Yellow
PivotDrawing.UseBarSpacingForMarkerSize = 1;

// --------------------------------------------------------------------------------
// Set study defaults
// --------------------------------------------------------------------------------
if(sc.SetDefaults)
{
// Set study name and description
sc.GraphName = "N/A for this thread";
sc.StudyDescription = "N/A for this thread";

// Set overarching study defaults based on personal preference
sc.AutoLoop = 1;
sc.AllowOnlyOneTradePerBar = true;
sc.MaximumPositionAllowed = 10;
sc.AllowMultipleEntriesInSameDirection = false;
sc.AllowOppositeEntryWithOpposingPositionOrOrders = false;
sc.SupportAttachedOrdersForTrading = true;
sc.CancelAllOrdersOnEntriesAndReversals = true;
sc.AllowEntryWithWorkingOrders = false;
sc.CancelAllWorkingOrdersOnExit = true;
sc.MaintainTradeStatisticsAndTradesData = true;
sc.GraphRegion = 0;
sc.ScaleRangeType = SCALE_SAMEASREGION;
sc.DisplayStudyName = 0;
sc.DisplayStudyInputValues = 0;

// Input: Set minimum valid pivot period defaults
Input_MinimumValidPivotPeriod.Name = "Minimum Pivot Period";
Input_MinimumValidPivotPeriod.SetInt(4);
Input_MinimumValidPivotPeriod.SetDescription("This input determines the minimum number of bars between pivot points for a pivot point to be valid.");

// Input: Set marker offset defaults
Input_MarkerOffset.Name = "Marker Offset (In Points)";
Input_MarkerOffset.SetInt(20);
Input_MarkerOffset.SetDescription("This input determines the offset of the entry and exit symbols on the chart.");

// Subgraph: Set EMA defaults
Subgraph_Ema.Name = "Exponential Moving Average 1";
Subgraph_Ema.ShortName = "EMA";
Subgraph_Ema.DrawStyle = DRAWSTYLE_LINE;
Subgraph_Ema.PrimaryColor = RGB(255,255,0); // Yellow
Subgraph_Ema.DisplayNameValueInDataLine = 0;

// Subgraph: Set slope defaults
Subgraph_Slope.Name = "Slope 1";
Subgraph_Slope.DrawStyle = DRAWSTYLE_HIDDEN;
Subgraph_Slope.PrimaryColor = RGB(0,192,0); // Darker Green
Subgraph_Slope.SecondaryColor = RGB(192,0,0); // Darker Red
Subgraph_Slope.SecondaryColorUsed = 1; // Allow use of secondary color
Subgraph_Slope.DisplayNameValueInDataLine = 1;

// Subgraph: Set period length defaults
Subgraph_PeriodLength.Name = "Dynamic Period Length";
Subgraph_PeriodLength.ShortName = "Period";
Subgraph_PeriodLength.DrawStyle = DRAWSTYLE_HIDDEN;
Subgraph_PeriodLength.PrimaryColor = RGB(0,192,0); // Darker Green
Subgraph_PeriodLength.SecondaryColor = RGB(192,0,0); // Darker Red
Subgraph_PeriodLength.SecondaryColorUsed = 1; // Allow secondary color usage
Subgraph_PeriodLength.DisplayNameValueInDataLine = 0;

// Subgraph: Set pivot location defaults
Subgraph_PivotPoint.Name = "Pivot Point";
Subgraph_PivotPoint.DrawStyle = DRAWSTYLE_HIDDEN;
Subgraph_PivotPoint.PrimaryColor = RGB(255,255,0); // Yellow
Subgraph_PivotPoint.DisplayNameValueInDataLine = 0;

return;
}

// --------------------------------------------------------------------------------
// Data processing and trade logic
// --------------------------------------------------------------------------------

// Set PeriodLength colors based on input
uint32_t PrimaryColor = RGB(0,192,0);
uint32_t SecondaryColor = RGB(192,0,0);

// Calculate values for all subgraphs
sc.ExponentialMovAvg(sc.BaseData[SC_LAST], Subgraph_Ema, Input_EmaLength.GetInt());
sc.Slope(Subgraph_Ema, Subgraph_Slope);

// --------------------------------------------------------------------------------
// Pivot tracking
// --------------------------------------------------------------------------------
if(sc.GetBarHasClosedStatus(sc.Index) == BHCS_BAR_HAS_CLOSED)
{
// EMA slope continuing to trend upward
if(Subgraph_Slope[sc.Index] >= 0 && Subgraph_Slope[sc.Index-1] >= 0)
{
// Set CurrentPivotValue and CurrentPivotIndex values if they meet the necessary conditions
if(CurrentPivotValue <= sc.BaseData[SC_HIGH][sc.Index])
{
CurrentPivotValue = sc.BaseData[SC_HIGH][sc.Index];
CurrentPivotIndex = sc.Index;
}

// Set data color appropriately
Subgraph_PeriodLength.DataColor[sc.Index] = PrimaryColor;
}
// EMA slope switching from positive to negative
else if(Subgraph_Slope[sc.Index] < 0 && Subgraph_Slope[sc.Index-1] >= 0)
{
// Only calculate new valid pivot point if the upward trend has exceeded the minimum valid pivot value
if(Subgraph_PeriodLength[CurrentPivotIndex] >= Input_MinimumValidPivotPeriod.GetInt())
{
if(PivotType == PIVOT_LOW || (PivotType == PIVOT_HIGH && CurrentPivotValue >= LastPivotValue))
{
// If a new high pivot value has presented itself without an intermediary low pivot value, delete the previous high pivot value and replace it with this one
if(PivotType == PIVOT_HIGH)
{
sc.DeleteACSChartDrawing(sc.ChartNumber, TOOL_DELETE_CHARTDRAWING, PivotDrawingNum);
}

// Set the pivot point subgraph for future tracking
Subgraph_PivotPoint[CurrentPivotIndex] = CurrentPivotValue;

// Change most recent pivot type
PivotType = PIVOT_HIGH;

// Change LastPivotValue and LastPivotIndex values
LastPivotValue = CurrentPivotValue;
LastPivotIndex = CurrentPivotIndex;

// Add pivot indicator drawing to the chart
PivotDrawing.BeginIndex = CurrentPivotIndex;
PivotDrawing.BeginValue = CurrentPivotValue + Input_MarkerOffset.GetInt();
sc.UseTool(PivotDrawing);

// Store PivotDrawing line number
PivotDrawingNum = PivotDrawing.LineNumber;
}
}

// Set new CurrentPivotValue and CurrentPivotIndex values
CurrentPivotValue = sc.BaseData[SC_LOW][sc.Index];
CurrentPivotIndex = sc.Index;

// Set data color appropriately
Subgraph_PeriodLength.DataColor[sc.Index] = SecondaryColor;
}
// EMA slope continuing to trend downward
else if(Subgraph_Slope[sc.Index] < 0 && Subgraph_Slope[sc.Index-1] < 0)
{
// Set CurrentPivotValue and CurrentPivotIndex values if they meet the necessary conditions
if(CurrentPivotValue >= sc.BaseData[SC_LOW][sc.Index])
{
CurrentPivotValue = sc.BaseData[SC_LOW][sc.Index];
CurrentPivotIndex = sc.Index;
}

// Set data color appropriately
Subgraph_PeriodLength.DataColor[sc.Index] = SecondaryColor;
}
// EMA slope switching from negative to positive
else if(Subgraph_Slope[sc.Index] >= 0 && Subgraph_Slope[sc.Index-1] < 0)
{
// Only calculate new valid pivot point if the downward trend has exceeded the minimum valid pivot value
if(Subgraph_PeriodLength[CurrentPivotIndex] >= Input_MinimumValidPivotPeriod.GetInt())
{
if(PivotType == PIVOT_HIGH || (PivotType == PIVOT_LOW && CurrentPivotValue <= LastPivotValue))
{
// If a new low pivot value has presented itself without an intermediary high pivot value, delete the previous low pivot value and replace it with this one
if(PivotType == PIVOT_LOW)
{
sc.DeleteACSChartDrawing(sc.ChartNumber, TOOL_DELETE_CHARTDRAWING, PivotDrawingNum);
}

// Set the pivot point subgraph for future tracking
Subgraph_PivotPoint[CurrentPivotIndex] = CurrentPivotValue;

// Change most recent pivot type
PivotType = PIVOT_LOW;

// Change LastPivotValue and LastPivotIndex values
LastPivotValue = CurrentPivotValue;
LastPivotIndex = CurrentPivotIndex;

// Add pivot indicator drawing to the chart
PivotDrawing.BeginIndex = CurrentPivotIndex;
PivotDrawing.BeginValue = CurrentPivotValue - Input_MarkerOffset.GetInt();
sc.UseTool(PivotDrawing);

// Store PivotDrawing line number
PivotDrawingNum = PivotDrawing.LineNumber;
}
}

// Set new CurrentPivotValue and CurrentPivotIndex values
CurrentPivotValue = sc.BaseData[SC_HIGH][sc.Index];
CurrentPivotIndex = sc.Index;

// Set data color appropriately
Subgraph_PeriodLength.DataColor[sc.Index] = PrimaryColor;
}

// Set the period length to the difference beteween the current and previous pivot points
Subgraph_PeriodLength[sc.Index] = CurrentPivotIndex - LastPivotIndex;
}