TTM Scalper - EFS

[NYSEplaya]

that looks like a very interesting tool. can someone please convert that to the EFS? thanks.

there is a thread talk about the code in the beginners forum:

http://kreslik.com/forums/viewtopic.php ... sc&start=0

[NYSEplaya]

here is the code for ELD:


{Scalper Buys and Sells 7/18/2007
Written by Luis Gomez
inspired by John Carters "Mastering the Trade"
}

inputs:
buyColor(white),
sellColor(white),
width(3);
variables:
highBarsAgo(1),
possibleHighBarsAgo(1),
possibleHigh(-2),
hightoBeat(-1),
barsSincePaint(1),
lowBarsAgo(1),
possibleLowBarsAgo(1),
possibleLow(10000001),
lowtoBeat(10000000),
triggerPriceSell(-1),
triggerPriceBuy(1000000),
trend(1),
_UP(1),
_DOWN(-1),
_ON(1),
_OFF(-1);


// **************************************************
*
//****** Find and plot the highest swing high *******
// **************************************************
*

if trend = _UP then begin
if swingHighBar(1,H,2,barsSincePaint+2) > -1 then begin
possibleHighBarsAgo = swingHighBar(1,H,2,barsSincePaint+2);
possibleHigh = H[possibleHighBarsAgo];
end;

if possibleHigh >= hightoBeat then begin
highBarsAgo = possibleHighBarsAgo;
hightoBeat = possibleHigh;
triggerPriceSell = L[HighBarsAgo - 1];
end;

if C < triggerPriceSell and
highest(high,highBarsAgo) < hightoBeat then begin
plotpb[highBarsAgo](H[highBarsAgo],L[highBarsAgo
],"",sellColor);
alert("Scalper Sell");
trend = _DOWN;
barsSincePaint = highBarsAgo-1;
hightoBeat = -1;
lowtoBeat = 10000000;
triggerPriceBuy = 10000000;
triggerPriceSell = -1;
highBarsAgo = 1;
possibleHigh = -2;
end;

end;

// **************************************************
*
//****** Find and plot the lowest swing low *********
// **************************************************
*

if trend = _DOWN then begin
if swingLowBar(1,L,2,barsSincePaint+2) > -1 then begin
possibleLowBarsAgo = swingLowBar(1,L,2,barsSincePaint+2);
possibleLow = L[possibleLowBarsAgo];
end;

if possibleLow <= lowtoBeat then begin
lowBarsAgo = possibleLowBarsAgo;
lowtoBeat = possibleLow;
triggerPriceBuy = H[LowBarsAgo - 1];
end;

if C > triggerPriceBuy and
lowest(L,lowBarsAgo) > lowtoBeat then begin
plotpb[lowBarsAgo](H[lowBarsAgo],L[lowBarsAgo],"",buyColor);
alert("Scalper Buy");
trend = _UP;
barsSincePaint = lowBarsAgo-1;
possibleLow = 10000001;
lowtoBeat = 10000000;
hightoBeat = -1;
triggerPriceBuy = 10000000;
triggerPriceSell = -1;
lowBarsAgo = 1;
end;

end;

barsSincePaint = barsSincePaint+1;
if trend = _UP then highBarsAgo = highBarsAgo + 1;
if trend = _DOWN then lowBarsAgo = lowBarsAgo + 1;
setPlotWidth(1,width);

[NYSEplaya]

any help?

[rebkwez]

I've coded an esignal version. But I just detected a bug in the logic. So I've been working on a fix. My version doesn't match up excactly with the TTM version, but it's very close. Hopefully will have something posted next week.

If any TS coders could post a description of what the exact parameters are for the swingHigh/swingLow function(s) are, I would appreciate it. There seems to be no TS documentation for function parameters.

-Elliot

[NYSEplaya]

I've coded an esignal version. But I just detected a bug in the logic. So I've been working on a fix. My version doesn't match up excactly with the TTM version, but it's very close. Hopefully will have something posted next week.

If any TS coders could post a description of what the exact parameters are for the swingHigh/swingLow function(s) are, I would appreciate it. There seems to be no TS documentation for function parameters.

-Elliot

cool, looking forward to it

[Haifeschak]

Hey rebkwez,

just wanted to ask wheather you already did the translation of the TTM Scalper ELD into eSignal EFS code?

In case could you please post it?

thanks

Rob

[TheRumpledOne]

I think a version may be in the eSignal Motherlodes.

[Haifeschak]

Thanks TRO,

but I am looking for the exact translation of the TTM scalper ELD into EFS.
The motherlode contains obviously a lot of really sophisticated EFS code.
But most of them are without any description how the indicator works. So
for me the best developed indicator is nothing worth if I do not exactly know how to use it. This is my personal problem.

Rob

[TheRumpledOne]

I know someone implemented it in eSignal and I thought I had it.

In fact, someone on this forum started a thread about it, I think... SEARCH!!

[Haifeschak]

Hi TRO,

sorry, but I couldn't find.

Anyway thanks

Rob