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Top Bottom Script

This document contains a TradingView Pine Script that identifies buy and sell signals based on the crossover of bottom and top periods defined by user inputs. It plots buy and sell labels on the chart and changes the background color based on the relationship between the top and bottom values. Alerts are also set up to notify users of buy and sell signals.

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253 views1 page

Top Bottom Script

This document contains a TradingView Pine Script that identifies buy and sell signals based on the crossover of bottom and top periods defined by user inputs. It plots buy and sell labels on the chart and changes the background color based on the relationship between the top and bottom values. Alerts are also set up to notify users of buy and sell signals.

Uploaded by

Creater Studio
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version=4

// This source code is subject to the terms of the Mozilla Public License 2.0 at
https://mozilla.org/MPL/2.0/
// © ceyhun

study("Top Bottom ", overlay=true)

per = input(14, title="Bottom Period")


loc = low < lowest(low[1], per) and low <= lowest(low[per], per)
bottom = barssince(loc)

per2 = input(14, title="Top Period")


loc2 = high > highest(high[1], per2) and high >= highest(high[per2], per2)
top = barssince(loc2)

/////BUY-SELL/////
Buy = crossover(bottom, top)
Sell = crossunder(bottom, top)

plotshape(Buy,"BUY", shape.labelup, location.belowbar, color.green,


text="BUY",textcolor=color.black)
plotshape(Sell,"SELL", shape.labeldown, location.abovebar, color.red,
text="SELL",textcolor=color.black)

background = top < bottom ? color.new(#0000FF,85) : top > bottom ?


color.new(#FF0000,85) : na
bgcolor(color=background)

alertcondition(Buy, title="Buy Signal", message="Buy")


alertcondition(Sell, title="Sell Signal", message="Sell")

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