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Re: Larry Williams Commercial Proxy Index

Posted: Mon Feb 26, 2024 2:15 am
by BeatlemaniaSA
mrtools wrote: Mon Feb 26, 2024 1:55 am Alerts and on/off button added.
Awesome! Thanks mrtools :) :thumbup:

Re: Larry Williams Commercial Proxy Index

Posted: Tue Feb 27, 2024 10:51 am
by kvak
ixion700 wrote: Sun Feb 25, 2024 3:44 am EUROUSD with floating zero line, averages and(Close: HLCO/4) looks beautiful. The price type option helps explore new ideas. For those interested if you set (Open: Median)(Close: Close) you will end up with a variation of Chartmill value indicator(CVI) which was introduced in 2013! Btw dear Kvak in attached CVI the ATR is multiplied by the square root of period. I think that method may be useful for LWPI too. Could you add it as an option please? Something like "ATR Multiplied: False/True". We can test if it helps with long or short periods.
A thousand Thanks for this indicator.
Sorry for delays, here is your mod with menu for this calculations with some extras too... Test it.

Re: Larry Williams Commercial Proxy Index

Posted: Wed Feb 28, 2024 8:34 pm
by boytoy
josi wrote: Sun Feb 25, 2024 2:20 am Pretty much perfect, now, I think. Look at this difficult (mostly ranging) chart - still: very tradable with your indicator.
One of the best trading indicators now hands down I can't understand how or why this works on the 1 min time frame but it does. All credit to the project by you guys and coders just blown away

Re: Larry Williams Commercial Proxy Index

Posted: Wed Feb 28, 2024 9:03 pm
by SijjiN
ixion700 wrote: Sun Feb 25, 2024 3:44 am EUROUSD with floating zero line, averages and(Close: HLCO/4) looks beautiful. The price type option helps explore new ideas. For those interested if you set (Open: Median)(Close: Close) you will end up with a variation of Chartmill value indicator(CVI) which was introduced in 2013! Btw dear Kvak in attached CVI the ATR is multiplied by the square root of period. I think that method may be useful for LWPI too. Could you add it as an option please? Something like "ATR Multiplied: False/True". We can test if it helps with long or short periods.
A thousand Thanks for this indicator.
I Liked this one version, some interesting stuff can be done here!!
:D :razz:

Re: Larry Williams Commercial Proxy Index

Posted: Thu Feb 29, 2024 9:08 pm
by chris006
Hi mrtools,

Could you give us a version that additionally includes a separate moving average calculated on the LWPI?
Thanks in advance!

mrtools wrote: Sun Feb 25, 2024 6:09 am Added the averages and added an option to make the zero-line boxes coloring to be determined by a floating zero (controlled by a min max period) or just a regular zero. The floating example is in the first sub-window.

Re: Larry Williams Commercial Proxy Index

Posted: Fri Mar 01, 2024 3:20 am
by mrtools
chris006 wrote: Thu Feb 29, 2024 9:08 pm Hi mrtools,

Could you give us a version that additionally includes a separate moving average calculated on the LWPI?
Thanks in advance!
If I am understanding you right the moving average used for the LWPI final value smoothing has this:

input int inpSmooth = 2; // Smoothing Period
input enMaTypes inpMaType2 = ma_smma; // Smoothing average type


It's the final smoothing value period and average type of the LWPI.

Re: Larry Williams Commercial Proxy Index

Posted: Fri Mar 01, 2024 3:37 am
by chris006
I understand that if I use that smoothing input, the result will be equivalent to the ma I am requesting. But then I will not have the LWPI on the screen.
I am interested in the crossover of the LWPI and the ma, of course in relation to the bands as well.

The bands are calculated on the after-smoothed LWPI, correct? Could the requested ma be calculated on the non-smoothed LWPI (original value)?

mrtools wrote: Fri Mar 01, 2024 3:20 am If I am understanding you right the moving average used for the LWPI final value smoothing has this:

input int inpSmooth = 2; // Smoothing Period
input enMaTypes inpMaType2 = ma_smma; // Smoothing average type


It's the final smoothing value period and average type of the LWPI.

Re: Larry Williams Commercial Proxy Index

Posted: Fri Mar 01, 2024 3:44 am
by mrtools
chris006 wrote: Fri Mar 01, 2024 3:37 am I understand that if I use that smoothing input, the result will be equivalent to the ma I am requesting. But then I will not have the LWPI on the screen.
I am interested in the crossover of the LWPI and the ma, of course in relation to the bands as well.
Oh ok, something like a ma of the LWPI?

Re: Larry Williams Commercial Proxy Index

Posted: Fri Mar 01, 2024 3:46 am
by chris006
Please see re-edited post above about calculating the ma on the non-smoothed LWPI.
mrtools wrote: Fri Mar 01, 2024 3:44 am Oh ok, something like a ma of the LWPI?

Re: Larry Williams Commercial Proxy Index

Posted: Fri Mar 01, 2024 4:18 am
by mrtools
chris006 wrote: Fri Mar 01, 2024 3:46 am Please see re-edited post above about calculating the ma on the non-smoothed LWPI.
Please try!