Download Markay Latimer – Bear Trap Indicator

I will try to change the language to English, thank you!

 

I tried switching languages but it didn't work. My tradingview is error like this. Can you share your Bull Trap Tradingview Indicator code for me? Thank you !

 

This is the code I copied and pasted into tradingview.

 

Hi,

Have you followed all the steps in the instructions?

Here's the code I have in my tradingview.

Code:

//@version=5
indicator("The Bear Bull Trap", overlay=true)

//Step 1
candle_size1 =input(4.0, title='Step 1 candle Size % Daily')
candle_size2 =input(0.5, title='Step 1 candle Size % Intraday')
candle_size = timeframe.isdaily? candle_size1 : candle_size2

big_red_candle = close<open and (100 - (close/open)*100>=candle_size)
big_green_candle = close>open and ( (close/open)*100 - 100 >=candle_size)

//Retracement Range
z = input.int(65,title='Inventory Retracement Percentage %', maxval=100)   
hl = math.abs(high - low)
Oc = math.abs(close - open)
Max = math.max (close, open)
min = math.min(close, open)

top_wick = high - Max
bot_wick = min-low

long_retraced = top_wick/hl >= z/100
short_retraced =bot_wick/hl >= z/100

// Step 3
x1 = input(2.0, title='Step 3 Breakout % Daily')
x2 = input(0.25, title="Step 3 Breakout % Intraday")
x = timeframe.isdaily? x1 : x2

long2 = long_retraced and ta.barssince(big_red_candle )<=3
short2 = short_retraced and ta.barssince(big_green_candle)<=3

longo = high>ta.valuewhen(long2 , Max, 0) * (1+x/100) and ta.barssince(long2)<=3 and not long2
shorto= low <ta.valuewhen(short2, min, 0) * (1-x/100) and ta.barssince(short2)<=3 and not short2
long = longo and not longo[1]
short = shorto and not shorto[1]

// chart plot & alerts
plotshape(long2, textcolor=color.lime, color=color.lime, style=shape.triangleup, text = '',  location=location.belowbar, offset=0, size=size.tiny)
plotshape(short2, textcolor=color.red, color=color.red, style=shape.triangledown, text = '', location=location.abovebar, offset=0, size=size.tiny)
alertcondition(long2 , title='Step 2 BUY Alert')
alertcondition(short2 , title='Step 2 SELL Alert')

bgcolor(long?color.new(color.green, 70):short?color.new(color.red, 70):na)
plot(close)

 

I will try your code, thank you!