nine wrote: Thu Dec 19, 2024 3:52 am ok i am going to give this a go
my request is for the bx-trender

title:
B-Xtrender @Puppytherapy[/b]

Link:
https://www.tradingview.com/v/YHZimEz8/

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link to pdf literature

https://ifta.org/public/files/journal/d ... nal_19.pdf

reason why?:

i am fond of this indicator and it seems to be popular. it was well formulated included is the literature giving explanation better than i could link is on the TV page.
it uses multiply indicators in one. is accurate at tracking short term and longer price fluctuations. i am anxious to see how it lines up with some of my
other indicators in mt4. i tried to convert it a couple of times quickly and was unsuccessful it kept freezing my terminal and when i got past that i only got a line to display though i am anxious to see the converted indicator. i will likely be matching it up looking for confluence for signal filtering and suspect it may be a worth while addition i feel it has value like most indicators given it is applied in the proper aspect. not sure what the conversion will look like its a little busy i may investigate adding transition points or buffers on the longer histogram Ma for differentiating short movements and longer ones. i looked around did not see that it had been done. i think it is a worth while inclusion. the second picture has circles for reference there is a bicolor line of the longer average that i was referring to.

Code: Select all

//@version=4
study("B-Xtrender @Puppytherapy")

short_l1 = input(5 , title="Short - L1")
short_l2 = input(20, title="Short - L2")
short_l3 = input(15, title="Short - L3")

long_l1  = input(20, title="Long - L1")
long_l2  = input(15, title="Long - L2")

shortTermXtrender = rsi(ema(close, short_l1) - ema(close, short_l2), short_l3 ) - 50
longTermXtrender  = rsi( ema(close, long_l1), long_l2 ) - 50

shortXtrenderCol = shortTermXtrender > 0 ? shortTermXtrender > shortTermXtrender[1] ? color.lime : #228B22 : shortTermXtrender > shortTermXtrender[1] ? color.red : #8B0000
plot(shortTermXtrender, color=shortXtrenderCol, style=plot.style_columns, linewidth=1, title="B-Xtrender Osc. - Histogram", transp = 50)

t3(src, len)=>
    xe1_1 = ema(src,    len)
    xe2_1 = ema(xe1_1,  len)
    xe3_1 = ema(xe2_1,  len)
    xe4_1 = ema(xe3_1,  len)
    xe5_1 = ema(xe4_1,  len)
    xe6_1 = ema(xe5_1,  len)
    b_1 = 0.7
    c1_1 = -b_1*b_1*b_1
    c2_1 = 3*b_1*b_1+3*b_1*b_1*b_1
    c3_1 = -6*b_1*b_1-3*b_1-3*b_1*b_1*b_1
    c4_1 = 1+3*b_1+b_1*b_1*b_1+3*b_1*b_1
    nT3Average_1 = c1_1 * xe6_1 + c2_1 * xe5_1 + c3_1 * xe4_1 + c4_1 * xe3_1
    
maShortTermXtrender = t3( shortTermXtrender , 5 )

colShortTermXtrender = maShortTermXtrender > maShortTermXtrender[1] ? color.lime : color.red
plot(maShortTermXtrender, color=#000000             , style=plot.style_line, linewidth=5, title="B-Xtrender Shadow")
plot(maShortTermXtrender, color=colShortTermXtrender, style=plot.style_line, linewidth=3, title="B-Xtrender Color ")

plotshape(maShortTermXtrender > maShortTermXtrender[1] and maShortTermXtrender[1] < maShortTermXtrender[2] ? maShortTermXtrender : na, location=location.absolute, style=shape.circle, color=color.lime, size=size.tiny, transp=10)
plotshape(maShortTermXtrender < maShortTermXtrender[1] and maShortTermXtrender[1] > maShortTermXtrender[2] ? maShortTermXtrender : na, location=location.absolute, style=shape.circle, color=color.red , size=size.tiny, transp=10)

longXtrenderCol   = longTermXtrender> 0 ? longTermXtrender > longTermXtrender[1] ? color.lime : #228B22 : longTermXtrender > longTermXtrender[1] ? color.red : #8B0000
macollongXtrenderCol =  longTermXtrender > longTermXtrender[1] ? color.lime : color.red
plot(longTermXtrender , color=longXtrenderCol, style=plot.style_histogram, linewidth=2, title="B-Xtrender Trend - Histogram", transp = 80)

plot(longTermXtrender , color=#000000             , style=plot.style_line, linewidth=5, title="B-Xtrender Trend - Line", transp = 80)
plot(longTermXtrender , color=macollongXtrenderCol, style=plot.style_line, linewidth=3, title="B-Xtrender Trend - Line", transp = 80)

think that does it hope i got everything in the right fashion for submission
thanks for the consideration. with any luck ill be sending over my thank you for the converted indicator
happy holidays thanks a bunch