TheStrat Teach V2

11 Feb 2022

This indicator was coded to help me see, learn and trade TheStrat. Please share with the wider community and good luck trading. See my profile signature for contact details or questions.

// BAR NUMBERS
Using the 1, 2, 3 numbering system on the chart allows you to quickly see various combinations.
- Possibility to up/down ARROWS or the “U/D” text
- Decide which number to show and the colour
- Position and colouring are editable of numbers and bars (1, 2, 3)
- Limited to the last 100 candles for performance.

// TARGET LINES
Add target HIGH and LOW lines with custom timeframe option (default D and previous candle) to identify the target lines for long and short move.
- Possible to reposition target candle focus to previous or current candle
- Added the 50% line for visual reference or use in 0.5 retracement
- Also, possible to show both bull/bears 0.618 lines
- Ability to change all line colours and style

//HIGHER TIME FRAME
Four custom time frames can be selected to show their timeframe HIGH/LOW on lower timeframes which allows you to keep track of important price ranges on higher timeframes.
- Default to M, W, D, 1 hour including pricing labels on each HIGH/LOW line
- Able to change all line colours and styles

// TheSTRAT patterns
Once enabled it shows the various patterns historically for learning purposes to help identify the various #TheSTRAT combo or for to back test patterns.
- Patterns: 2-1-2/1-2-2/3-2-2/3-1-2/2-2-2 Randy Jackson/3-2/2-2/1-3/3-1/Pivot MG
- Added Hammers and Shooters labels

//ALERTS
Added alert conditions to setup alerts on target H/L lines and all four custom H/L lines.
- Triggers when price movement crosses above the HIGH line
- Triggers when price movement crosses below the LOW line

// INFO PANEL
The info panel is a summary information area to show Full Time Frame Continuity (FTFC) and suggests possible actionable setup on the current chart. It is possible to disable sections.

ATR(D) : shows the daily movement potential of the stock over the last 14 days
Num # : Take the percentage drawdown of portfolio size amount divided by the current stock price (15% of 5000 = 750 drawdown max)
Risk LG : Stop loss risk amount long - shows price difference between the current candle low and previous candle low, assuming you use this for your stop loss x Num #
Risk LG : Stop loss risk amount short - shows price difference between the current candle low and previous candle low, assuming you use this for your stop loss x Num #
H/4H/D/W/M : Full Time Continuity (FTC) to see if open is above (green) or below (red) close of current candle in that time frame
Actionable? : Suggest if current view have a possible #TheStrat actionable combo

12 Feb 2022

Catatan Rilis

Change price label 'push right' to allow for smaller values (eg 0.6, 0.05) when on 15min to bring price labels closer to the candles
Fixed coding error in alertcondition for the LOW lines

13 Feb 2022

Catatan Rilis

Created Highlight Pattern section
Fixed alert message text

15 Feb 2022

Catatan Rilis

Added Pivot MG to the pattern section

16 Feb 2022

Catatan Rilis

Updating the description of the RISK LG and RISK SH section (seems I cannot change the published description text)
Risk LG : Stop loss risk amount long - shows price difference between the current candle high and previous candle low (assuming you use this for your stop loss) x Num #
Risk SH : Stop loss risk amount short - shows price difference between the current candle low and previous candle high (assuming you use this for your stop loss) x Num #
Also allowed the time frames fibs to be colour changed

22 Feb 2022

Catatan Rilis

Added 3M label line

5 Mar 2022

Catatan Rilis

Added a introduction video on the features of the indicator :

to help explain the uses and possibilities.

5 Mar 2022

Catatan Rilis

Added ability to change colour from white to custom colour for TheStrat Patterns in support of users with a white background.

5 Mar 2022

Catatan Rilis

Add ability to change FIB line styles

8 Mar 2022

Catatan Rilis

Three SUGGESTED price targets (PT) - enable this and the indicator will suggest three high/lower price targets with price labels within a look back period (default 30 candles).

20 Mar 2022

Catatan Rilis

* Add "Y" (12M) to the FTFC info panel
* Select which FTFC you want to see (H/4H/D/W/M/Q/Y)
* Cleaned up some redundant code
* Repositioned indicator setting alignment
* Added 13 min timeframe

Just finished a new indicator "TheStrat Alerts" please send me a DM, offering a 1 month trail.

6 Apr 2022

Catatan Rilis

UPDATE: added requested timeframes to the TARGET lines : 45, 90, 240 (4H).
Now you can see target H and target L on these time frames, and set alerts on the break of these target lines.

13 Apr 2022

Catatan Rilis

UPDATE: added the 15 min and 30 min timeframe to the Full Time Frame Continuity (FTFC) panel. Both 15 and 30 min are turned off by default. Please enable these in the settings and scroll to the bottom to select which FTFC you wish you view.

14 Apr 2022

Catatan Rilis

UPDATE: Added the timeframe label to show on the 0.5 label on the Multi TimeFrame lines.
Added also more timeframes on which the labels will show because not all favorited timeframes have labels
- The main timeframes that will show labels are currently are : 13, 15, 26,30, 45, 60,65, 90 , 130, 1H, 4H, 1D, 1W, 1M, 3M, 12M

29 Okt 2022

Catatan Rilis

BUG FIX:
1) Strat Number below : fixed distance multiplier allowing the number to be closer to the candles by changing this number. Minimum value is 0.001.

2) Info Panel : added 10min, 5 min and 3 min to the FTFC info table.

3) Multi Timeframe line : Fixed bug that drew vertical line when on higher timeframe. Now hides vertical line when timeframe is higher than the target timeframe.