One Point Two Eight

Type : Indicator, Name : One Point Two Eight Indicator

INPUT:
USS(4),
DSS(4),
FACTOR(1.28),
VHELP(50);

{ * UP/DOWNSWING STRENGTH, VISUAL HELP }

VALUE1 = SWINGHIGHBAR(1,H,USS,MAXBARSBACK - USS);
VALUE2 = SWINGHIGHBAR(2,H,USS,MAXBARSBACK - USS);
VALUE3 = SWINGLOWBAR(1,L,DSS,MAXBARSBACK - USS);

IF MAXLIST(VALUE1,VALUE2,VALUE3) < MAXBARSBACK AND
MINLIST(VALUE1,VALUE2,VALUE3) > 0 AND
VALUE2 > VALUE3 AND VALUE3 > VALUE1 THEN BEGIN
VALUE4 = BARNUMBER[VALUE3] + ROUND(((VALUE2 - VALUE1) * FACTOR),0);
VALUE5 = BARNUMBER[VALUE3];
PLOT1[VALUE2](H[VALUE2],"h1");
PLOT2[VALUE3](L[VALUE3],"L1");
PLOT3[VALUE1](H[VALUE1] + VHELP POINTS,"H2");
END;

IF BARNUMBER = VALUE4 THEN BEGIN
PLOT4(MEDIANPRICE,"L2");
END;