//version=4
study("OB by SB", overlay=true)
//Inputs
highBarNext = high
lowBarNext = low
highBarPrevious = high[2]
lowBarPrevious = low[2]
openBarPrevious = open[2]
closeBarPrevious = close[2]
openBarCurrent = open[1]
closeBarCurrent = close[1]
int offset = 2
bar_index_ = bar_index[offset]
//bearCandlecolor = input(defval=#a86161, title="Bearish OB Candle", type=input.color, inline='customcolor', group="Chart Customization Candles")
//bullcandlecolor = input(defval=#004d40, title="Bullish OB Candle", type=input.color, inline='customcolor', group="Chart Customization Candles")
//adtranspCandle = input(defval=65, title="Candle Transparency", type=input.integer, minval=1, maxval=100, group="Chart Customization Candles")
bearboxcolor = input(defval=#a86161, title="Bearish OB Box", type=input.color, inline='customcolor', group="Chart Customization Box")
bullboxcolor = input(defval=#004d40, title="Bullish OB Box", type=input.color, inline='customcolor', group="Chart Customization Box")
showOBboxes = input(true, title="Show OB Boxes",group="Chart Customization Box")
adtransp = input(defval=90, title="Box Transparency", type=input.integer, minval=1, maxval=100, group="Chart Customization Box")
adboxcount = input(defval=10, title="Maximum Box Displayed", type=input.integer, minval=1, maxval=200, group="Chart Customization")
//If the Candle in index of 1 (the candle being detected as engulfing and imbalanced) and the next candle does not fill the imbalance, then a signal is generated.
bullishEngulfing = openBarCurrent <= closeBarPrevious and openBarCurrent < openBarPrevious and
closeBarCurrent > openBarPrevious and lowBarNext > highBarPrevious
bearishEngulfing = openBarCurrent >= closeBarPrevious and openBarCurrent > openBarPrevious and
closeBarCurrent < openBarPrevious and highBarNext < lowBarPrevious
//Plot OB Candles
//barcolor(bullishEngulfing? color.new(bullcandlecolor,adtranspCandle) : na, offset=-2)
//barcolor(bearishEngulfing? color.new(bearCandlecolor,adtranspCandle) : na, offset=-2)
//Box Variables
var box[] bearboxarray = array.new_box()
var box[] bullboxarray = array.new_box()
//Box Color Variables
var color adbearboxcolor = color.new(bearboxcolor, adtransp)
var color adbullboxcolor = color.new(bullboxcolor, adtransp)
var color adbearborderboxcolor = color.new(bearboxcolor, adtransp)
var color adbullborderboxcolor = color.new(bullboxcolor, adtransp)
//Bearish OB Box Calculation
f_choppedoffbear(bearboxarray) =>
if (array.size(bearboxarray) > 0)
for i = array.size(bearboxarray) - 1 to 0
cutbox = array.get(bearboxarray, i)
boxlowzone = box.get_bottom(cutbox)
boxhighzone = box.get_top(cutbox)
boxrightzone = box.get_right(cutbox)
if (na or (bar_index - 1 == boxrightzone and not ((high > boxlowzone and low < boxlowzone) or (high > boxhighzone and low < boxhighzone))))
box.set_right(array.get(bearboxarray, i), bar_index)
//Bearish OB Box Plotting
if (bearishEngulfing and showOBboxes)
boxhighzone = high[2] > high[1] ? high[2] : high [1]
boxlowzone = open[2]
bearbox = box.new(bar_index_, boxhighzone, bar_index, boxlowzone, border_color=adbearborderboxcolor, border_style=line.style_dashed, bgcolor=adbearboxcolor)
if (array.size(bearboxarray) > adboxcount)
box.delete(array.shift(bearboxarray))
array.push(bearboxarray, bearbox)
f_choppedoffbear(bearboxarray)
//Bullish OB Box Calculation
f_choppedoffbull(bullboxarray) =>
if (array.size(bullboxarray) > 0)
for i = array.size(bullboxarray) - 1 to 0
cutbox = array.get(bullboxarray, i)
boxlowzone = box.get_bottom(cutbox)
boxhighzone = box.get_top(cutbox)
boxrightzone = box.get_right(cutbox)
if (na or (bar_index - 1 == boxrightzone and not ((high > boxlowzone and low < boxlowzone) or (high > boxhighzone and low < boxhighzone))))
box.set_right(array.get(bullboxarray, i), bar_index)
//Bullish OB Box Plotting
if (bullishEngulfing and showOBboxes)
boxlowzone = low[1] < low[2] ? low [1] : low [2]
boxhighzone = open[2]
bullbox = box.new(bar_index_, boxhighzone, bar_index, boxlowzone, border_color=adbullborderboxcolor, border_style=line.style_dashed, bgcolor=adbullboxcolor)
if (array.size(bullboxarray) > adboxcount)
box.delete(array.shift(bullboxarray))
array.push(bullboxarray, bullbox)
f_choppedoffbull(bullboxarray)
study("OB by SB", overlay=true)
//Inputs
highBarNext = high
lowBarNext = low
highBarPrevious = high[2]
lowBarPrevious = low[2]
openBarPrevious = open[2]
closeBarPrevious = close[2]
openBarCurrent = open[1]
closeBarCurrent = close[1]
int offset = 2
bar_index_ = bar_index[offset]
//bearCandlecolor = input(defval=#a86161, title="Bearish OB Candle", type=input.color, inline='customcolor', group="Chart Customization Candles")
//bullcandlecolor = input(defval=#004d40, title="Bullish OB Candle", type=input.color, inline='customcolor', group="Chart Customization Candles")
//adtranspCandle = input(defval=65, title="Candle Transparency", type=input.integer, minval=1, maxval=100, group="Chart Customization Candles")
bearboxcolor = input(defval=#a86161, title="Bearish OB Box", type=input.color, inline='customcolor', group="Chart Customization Box")
bullboxcolor = input(defval=#004d40, title="Bullish OB Box", type=input.color, inline='customcolor', group="Chart Customization Box")
showOBboxes = input(true, title="Show OB Boxes",group="Chart Customization Box")
adtransp = input(defval=90, title="Box Transparency", type=input.integer, minval=1, maxval=100, group="Chart Customization Box")
adboxcount = input(defval=10, title="Maximum Box Displayed", type=input.integer, minval=1, maxval=200, group="Chart Customization")
//If the Candle in index of 1 (the candle being detected as engulfing and imbalanced) and the next candle does not fill the imbalance, then a signal is generated.
bullishEngulfing = openBarCurrent <= closeBarPrevious and openBarCurrent < openBarPrevious and
closeBarCurrent > openBarPrevious and lowBarNext > highBarPrevious
bearishEngulfing = openBarCurrent >= closeBarPrevious and openBarCurrent > openBarPrevious and
closeBarCurrent < openBarPrevious and highBarNext < lowBarPrevious
//Plot OB Candles
//barcolor(bullishEngulfing? color.new(bullcandlecolor,adtranspCandle) : na, offset=-2)
//barcolor(bearishEngulfing? color.new(bearCandlecolor,adtranspCandle) : na, offset=-2)
//Box Variables
var box[] bearboxarray = array.new_box()
var box[] bullboxarray = array.new_box()
//Box Color Variables
var color adbearboxcolor = color.new(bearboxcolor, adtransp)
var color adbullboxcolor = color.new(bullboxcolor, adtransp)
var color adbearborderboxcolor = color.new(bearboxcolor, adtransp)
var color adbullborderboxcolor = color.new(bullboxcolor, adtransp)
//Bearish OB Box Calculation
f_choppedoffbear(bearboxarray) =>
if (array.size(bearboxarray) > 0)
for i = array.size(bearboxarray) - 1 to 0
cutbox = array.get(bearboxarray, i)
boxlowzone = box.get_bottom(cutbox)
boxhighzone = box.get_top(cutbox)
boxrightzone = box.get_right(cutbox)
if (na or (bar_index - 1 == boxrightzone and not ((high > boxlowzone and low < boxlowzone) or (high > boxhighzone and low < boxhighzone))))
box.set_right(array.get(bearboxarray, i), bar_index)
//Bearish OB Box Plotting
if (bearishEngulfing and showOBboxes)
boxhighzone = high[2] > high[1] ? high[2] : high [1]
boxlowzone = open[2]
bearbox = box.new(bar_index_, boxhighzone, bar_index, boxlowzone, border_color=adbearborderboxcolor, border_style=line.style_dashed, bgcolor=adbearboxcolor)
if (array.size(bearboxarray) > adboxcount)
box.delete(array.shift(bearboxarray))
array.push(bearboxarray, bearbox)
f_choppedoffbear(bearboxarray)
//Bullish OB Box Calculation
f_choppedoffbull(bullboxarray) =>
if (array.size(bullboxarray) > 0)
for i = array.size(bullboxarray) - 1 to 0
cutbox = array.get(bullboxarray, i)
boxlowzone = box.get_bottom(cutbox)
boxhighzone = box.get_top(cutbox)
boxrightzone = box.get_right(cutbox)
if (na or (bar_index - 1 == boxrightzone and not ((high > boxlowzone and low < boxlowzone) or (high > boxhighzone and low < boxhighzone))))
box.set_right(array.get(bullboxarray, i), bar_index)
//Bullish OB Box Plotting
if (bullishEngulfing and showOBboxes)
boxlowzone = low[1] < low[2] ? low [1] : low [2]
boxhighzone = open[2]
bullbox = box.new(bar_index_, boxhighzone, bar_index, boxlowzone, border_color=adbullborderboxcolor, border_style=line.style_dashed, bgcolor=adbullboxcolor)
if (array.size(bullboxarray) > adboxcount)
box.delete(array.shift(bullboxarray))
array.push(bullboxarray, bullbox)
f_choppedoffbull(bullboxarray)
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