OPEN-SOURCE SCRIPT
arjun & abhimanya [LuxAlgo]

// This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) creativecommons.org/licenses/by-nc-sa/4.0/
// © LuxAlgo
//version=5
indicator("arjune &abhi manya [LuxAlgo]"
, overlay = true
, max_boxes_count = 500
, max_labels_count = 500
, max_lines_count = 500)
//------------------------------------------------------------------------------
//Settings
//-----------------------------------------------------------------------------{
length = input.int(5, 'Volume Pivot Length'
, minval = 1)
bull_ext_last = input.int(3, 'Bullish OB '
, minval = 1
, inline = 'bull')
bg_bull_css = input.color(color.new(#169400, 80), ''
, inline = 'bull')
bull_css = input.color(#169400, ''
, inline = 'bull')
bull_avg_css = input.color(color.new(#9598a1, 37), ''
, inline = 'bull')
bear_ext_last = input.int(3, 'Bearish OB'
, minval = 1
, inline = 'bear')
bg_bear_css = input.color(color.new(#ff1100, 80), ''
, inline = 'bear')
bear_css = input.color(#ff1100, ''
, inline = 'bear')
bear_avg_css = input.color(color.new(#9598a1, 37), ''
, inline = 'bear')
line_style = input.string('⎯⎯⎯', 'Average Line Style'
, options = ['⎯⎯⎯', '----', '····'])
line_width = input.int(1, 'Average Line Width'
, minval = 1)
mitigation = input.string('Wick', 'Mitigation Methods'
, options = ['Wick', 'Close'])
//-----------------------------------------------------------------------------}
//Functions
//-----------------------------------------------------------------------------{
//Line Style function
get_line_style(style) =>
out = switch style
'⎯⎯⎯' => line.style_solid
'----' => line.style_dashed
'····' => line.style_dotted
//Function to get order block coordinates
get_coordinates(condition, top, btm, ob_val)=>
var ob_top = array.new_float(0)
var ob_btm = array.new_float(0)
var ob_avg = array.new_float(0)
var ob_left = array.new_int(0)
float ob = na
//Append coordinates to arrays
if condition
avg = math.avg(top, btm)
array.unshift(ob_top, top)
array.unshift(ob_btm, btm)
array.unshift(ob_avg, avg)
array.unshift(ob_left, time[length])
ob := ob_val
[ob_top, ob_btm, ob_avg, ob_left, ob]
//Function to remove mitigated order blocks from coordinate arrays
remove_mitigated(ob_top, ob_btm, ob_left, ob_avg, target, bull)=>
mitigated = false
target_array = bull ? ob_btm : ob_top
for element in target_array
idx = array.indexof(target_array, element)
if (bull ? target < element : target > element)
mitigated := true
array.remove(ob_top, idx)
array.remove(ob_btm, idx)
array.remove(ob_avg, idx)
array.remove(ob_left, idx)
mitigated
//Function to set order blocks
set_order_blocks(ob_top, ob_btm, ob_left, ob_avg, ext_last, bg_css, border_css, lvl_css)=>
var ob_box = array.new_box(0)
var ob_lvl = array.new_line(0)
//Fill arrays with boxes/lines
if barstate.isfirst
for i = 0 to ext_last-1
array.unshift(ob_box, box.new(na,na,na,na
, xloc = xloc.bar_time
, extend= extend.right
, bgcolor = bg_css
, border_color = color.new(border_css, 70)))
array.unshift(ob_lvl, line.new(na,na,na,na
, xloc = xloc.bar_time
, extend = extend.right
, color = lvl_css
, style = get_line_style(line_style)
, width = line_width))
//Set order blocks
if barstate.islast
if array.size(ob_top) > 0
for i = 0 to math.min(ext_last-1, array.size(ob_top)-1)
get_box = array.get(ob_box, i)
get_lvl = array.get(ob_lvl, i)
box.set_lefttop(get_box, array.get(ob_left, i), array.get(ob_top, i))
box.set_rightbottom(get_box, array.get(ob_left, i), array.get(ob_btm, i))
line.set_xy1(get_lvl, array.get(ob_left, i), array.get(ob_avg, i))
line.set_xy2(get_lvl, array.get(ob_left, i)+1, array.get(ob_avg, i))
//-----------------------------------------------------------------------------}
//Global elements
//-----------------------------------------------------------------------------{
var os = 0
var target_bull = 0.
var target_bear = 0.
n = bar_index
upper = ta.highest(length)
lower = ta.lowest(length)
if mitigation == 'Close'
target_bull := ta.lowest(close, length)
target_bear := ta.highest(close, length)
else
target_bull := lower
target_bear := upper
os := high[length] > upper ? 0 : low[length] < lower ? 1 : os[1]
phv = ta.pivothigh(volume, length, length)
//-----------------------------------------------------------------------------}
//Get bullish/bearish order blocks coordinates
//-----------------------------------------------------------------------------{
[bull_top
, bull_btm
, bull_avg
, bull_left
, bull_ob] = get_coordinates(phv and os == 1, hl2[length], low[length], low[length])
[bear_top
, bear_btm
, bear_avg
, bear_left
, bear_ob] = get_coordinates(phv and os == 0, high[length], hl2[length], high[length])
//-----------------------------------------------------------------------------}
//Remove mitigated order blocks
//-----------------------------------------------------------------------------{
mitigated_bull = remove_mitigated(bull_top
, bull_btm
, bull_left
, bull_avg
, target_bull
, true)
mitigated_bear = remove_mitigated(bear_top
, bear_btm
, bear_left
, bear_avg
, target_bear
, false)
//-----------------------------------------------------------------------------}
//Display order blocks
//-----------------------------------------------------------------------------{
//Set bullish order blocks
set_order_blocks(bull_top
, bull_btm
, bull_left
, bull_avg
, bull_ext_last
, bg_bull_css
, bull_css
, bull_avg_css)
//Set bearish order blocks
set_order_blocks(bear_top
, bear_btm
, bear_left
, bear_avg
, bear_ext_last
, bg_bear_css
, bear_css
, bear_avg_css)
//Show detected order blocks
plot(bull_ob, 'Bull OB', bull_css, 2, plot.style_linebr
, offset = -length
, display = display.none)
plot(bear_ob, 'Bear OB', bear_css, 2, plot.style_linebr
, offset = -length
, display = display.none)
//-----------------------------------------------------------------------------}
//Alerts
//-----------------------------------------------------------------------------{
alertcondition(bull_ob, 'Bullish OB Formed', 'Bullish order block detected')
alertcondition(bear_ob, 'Bearish OB Formed', 'bearish order block detected')
alertcondition(mitigated_bull, 'Bullish OB Mitigated', 'Bullish order block mitigated')
alertcondition(mitigated_bear, 'Bearish OB Mitigated', 'bearish order block mitigated')
//-----------------------------------------------------------------------------}
// © LuxAlgo
//version=5
indicator("arjune &abhi manya [LuxAlgo]"
, overlay = true
, max_boxes_count = 500
, max_labels_count = 500
, max_lines_count = 500)
//------------------------------------------------------------------------------
//Settings
//-----------------------------------------------------------------------------{
length = input.int(5, 'Volume Pivot Length'
, minval = 1)
bull_ext_last = input.int(3, 'Bullish OB '
, minval = 1
, inline = 'bull')
bg_bull_css = input.color(color.new(#169400, 80), ''
, inline = 'bull')
bull_css = input.color(#169400, ''
, inline = 'bull')
bull_avg_css = input.color(color.new(#9598a1, 37), ''
, inline = 'bull')
bear_ext_last = input.int(3, 'Bearish OB'
, minval = 1
, inline = 'bear')
bg_bear_css = input.color(color.new(#ff1100, 80), ''
, inline = 'bear')
bear_css = input.color(#ff1100, ''
, inline = 'bear')
bear_avg_css = input.color(color.new(#9598a1, 37), ''
, inline = 'bear')
line_style = input.string('⎯⎯⎯', 'Average Line Style'
, options = ['⎯⎯⎯', '----', '····'])
line_width = input.int(1, 'Average Line Width'
, minval = 1)
mitigation = input.string('Wick', 'Mitigation Methods'
, options = ['Wick', 'Close'])
//-----------------------------------------------------------------------------}
//Functions
//-----------------------------------------------------------------------------{
//Line Style function
get_line_style(style) =>
out = switch style
'⎯⎯⎯' => line.style_solid
'----' => line.style_dashed
'····' => line.style_dotted
//Function to get order block coordinates
get_coordinates(condition, top, btm, ob_val)=>
var ob_top = array.new_float(0)
var ob_btm = array.new_float(0)
var ob_avg = array.new_float(0)
var ob_left = array.new_int(0)
float ob = na
//Append coordinates to arrays
if condition
avg = math.avg(top, btm)
array.unshift(ob_top, top)
array.unshift(ob_btm, btm)
array.unshift(ob_avg, avg)
array.unshift(ob_left, time[length])
ob := ob_val
[ob_top, ob_btm, ob_avg, ob_left, ob]
//Function to remove mitigated order blocks from coordinate arrays
remove_mitigated(ob_top, ob_btm, ob_left, ob_avg, target, bull)=>
mitigated = false
target_array = bull ? ob_btm : ob_top
for element in target_array
idx = array.indexof(target_array, element)
if (bull ? target < element : target > element)
mitigated := true
array.remove(ob_top, idx)
array.remove(ob_btm, idx)
array.remove(ob_avg, idx)
array.remove(ob_left, idx)
mitigated
//Function to set order blocks
set_order_blocks(ob_top, ob_btm, ob_left, ob_avg, ext_last, bg_css, border_css, lvl_css)=>
var ob_box = array.new_box(0)
var ob_lvl = array.new_line(0)
//Fill arrays with boxes/lines
if barstate.isfirst
for i = 0 to ext_last-1
array.unshift(ob_box, box.new(na,na,na,na
, xloc = xloc.bar_time
, extend= extend.right
, bgcolor = bg_css
, border_color = color.new(border_css, 70)))
array.unshift(ob_lvl, line.new(na,na,na,na
, xloc = xloc.bar_time
, extend = extend.right
, color = lvl_css
, style = get_line_style(line_style)
, width = line_width))
//Set order blocks
if barstate.islast
if array.size(ob_top) > 0
for i = 0 to math.min(ext_last-1, array.size(ob_top)-1)
get_box = array.get(ob_box, i)
get_lvl = array.get(ob_lvl, i)
box.set_lefttop(get_box, array.get(ob_left, i), array.get(ob_top, i))
box.set_rightbottom(get_box, array.get(ob_left, i), array.get(ob_btm, i))
line.set_xy1(get_lvl, array.get(ob_left, i), array.get(ob_avg, i))
line.set_xy2(get_lvl, array.get(ob_left, i)+1, array.get(ob_avg, i))
//-----------------------------------------------------------------------------}
//Global elements
//-----------------------------------------------------------------------------{
var os = 0
var target_bull = 0.
var target_bear = 0.
n = bar_index
upper = ta.highest(length)
lower = ta.lowest(length)
if mitigation == 'Close'
target_bull := ta.lowest(close, length)
target_bear := ta.highest(close, length)
else
target_bull := lower
target_bear := upper
os := high[length] > upper ? 0 : low[length] < lower ? 1 : os[1]
phv = ta.pivothigh(volume, length, length)
//-----------------------------------------------------------------------------}
//Get bullish/bearish order blocks coordinates
//-----------------------------------------------------------------------------{
[bull_top
, bull_btm
, bull_avg
, bull_left
, bull_ob] = get_coordinates(phv and os == 1, hl2[length], low[length], low[length])
[bear_top
, bear_btm
, bear_avg
, bear_left
, bear_ob] = get_coordinates(phv and os == 0, high[length], hl2[length], high[length])
//-----------------------------------------------------------------------------}
//Remove mitigated order blocks
//-----------------------------------------------------------------------------{
mitigated_bull = remove_mitigated(bull_top
, bull_btm
, bull_left
, bull_avg
, target_bull
, true)
mitigated_bear = remove_mitigated(bear_top
, bear_btm
, bear_left
, bear_avg
, target_bear
, false)
//-----------------------------------------------------------------------------}
//Display order blocks
//-----------------------------------------------------------------------------{
//Set bullish order blocks
set_order_blocks(bull_top
, bull_btm
, bull_left
, bull_avg
, bull_ext_last
, bg_bull_css
, bull_css
, bull_avg_css)
//Set bearish order blocks
set_order_blocks(bear_top
, bear_btm
, bear_left
, bear_avg
, bear_ext_last
, bg_bear_css
, bear_css
, bear_avg_css)
//Show detected order blocks
plot(bull_ob, 'Bull OB', bull_css, 2, plot.style_linebr
, offset = -length
, display = display.none)
plot(bear_ob, 'Bear OB', bear_css, 2, plot.style_linebr
, offset = -length
, display = display.none)
//-----------------------------------------------------------------------------}
//Alerts
//-----------------------------------------------------------------------------{
alertcondition(bull_ob, 'Bullish OB Formed', 'Bullish order block detected')
alertcondition(bear_ob, 'Bearish OB Formed', 'bearish order block detected')
alertcondition(mitigated_bull, 'Bullish OB Mitigated', 'Bullish order block mitigated')
alertcondition(mitigated_bear, 'Bearish OB Mitigated', 'bearish order block mitigated')
//-----------------------------------------------------------------------------}
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.