g8, bro!!! Is there a possibility for our master coders to include a field to include the ATR number? or even the MTF? because in this case, we could create some statistical barriers to assess the price movement.
Thank you very much in advance.
g8, bro!!! Is there a possibility for our master coders to include a field to include the ATR number? or even the MTF? because in this case, we could create some statistical barriers to assess the price movement.
I post version here channel.... How are you using it? Can you tell us more about it?Greg82 wrote: Sat Mar 11, 2023 11:23 pm Hi
Can You help me and :
_ convert to MT4
_ add SMMA
_ add MTF
_ add button ON / OFF
These are simple averages and the code is open source.Code: Select all
indicator(title='Kanały średnich', overlay=true, timeframe="") short = input(33, "Wartość short") long = input(144, "Wartość long") srednia(src, length, type) => switch type "RMA" => ta.rma(src, length) "EMA" => ta.ema(src, length) "SMA" => ta.sma(src, length) "WMA" => ta.wma(src, length) "VWMA" => ta.vwma(src, length) metoda = input.string(title = "Metoda liczenia średniej", defval = "RMA", options=["RMA", "EMA", "SMA", "WMA", "VWMA"]) shortl = srednia(low, short, metoda) shorth = srednia(high, short, metoda) longl = srednia(low, long, metoda) longh = srednia(high, long, metoda) plot(shortl, color=color.new(color.aqua, 0), linewidth=1, title="Short low") // Low 33 plot(shorth, color=color.new(color.aqua, 0), linewidth=1, title="Short high") // High 33 plot(longl, color=color.new(color.red, 0), linewidth=1, title="Long low") // Low 144 plot(longh, color=color.new(color.red, 0), linewidth=1, title="Long high") // High 144
Thx and regards
Greg
new version with selectable price optionionone wrote: Mon Mar 13, 2023 7:47 pm SLSMA
Pretty neat zero lag moving average (Smoothed LSMA)
with default settings, it's pretty neat already :
but set one period to "2" and have pretty cool results :
Code: Select all
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © fikira
// ≠ ≈ ◊ ~ ∞ ‡ ∂ ƒ ¬ π º † • ∏ ª Ω ∑ ∆ · | \ ı ∫ √
//@version=4
study(title="[fikira] RDSI", shorttitle="RDSI", overlay=false)
// Relative Double Strength Index
lnW = input(3 , title="RDSI Length W" )
lnD = input(8 , title="RDSI Length D" )
ln12 = input(17 , title="RDSI Length 12h" )
ln4 = input(36 , title="RDSI Length 4h" )
ln1 = input(313 , title="RDSI Length 1h" )
choice = input("WMA", title="XMA", options=["SMA", "EMA", "WMA", "VWMA", "RMA", "HullMA"])
xma(source, len) =>
choice == "SMA" ? sma(source,len) :
choice == "EMA" ? ema(source,len) :
choice == "WMA" ? wma(source,len) :
choice == "VWMA" ? vwma(source,len) :
choice == "RMA" ? rma(source,len) :
wma(2 * wma(source, floor(len / 2)) - wma(source, len), round(sqrt(len)))
rs =
timeframe.period == "60" ? rsi(close, ln1 ) :
timeframe.period == "240" ? rsi(close, ln4 ) :
timeframe.period == "720" ? rsi(close, ln12) :
timeframe.period == "D" ? rsi(close, lnD ) :
timeframe.period == "W" ? rsi(close, lnW ) :
rsi(close, ln12)
Rup = 0.0
Rdn = 0.0
rsiDiff = rs - rs[1]
Rup := rsiDiff < 0 ? 0 : rsiDiff
Rdn := rsiDiff > 0 ? 0 : rsiDiff
//plot(Rup, color=color.lime, title="Rup")
//plot(Rdn, color=color.red , title="Rdn")
sUp =
timeframe.period == "240" ? xma(Rup, ln4 ) :
timeframe.period == "720" ? xma(Rup, ln12) : xma(Rup, lnD)
sDn =
timeframe.period == "240" ? -xma(Rdn, ln4 ) :
timeframe.period == "720" ? -xma(Rdn, ln12) : -xma(Rdn, lnD)
up = plot(sUp, color=sUp > sDn ? #00fff9 : color.new(#00fff9, 50), title="RDSI up" ) // #00fff9 #004d40
dn = plot(sDn, color=sUp > sDn ? color.new(#e40505, 50) : #e40505, title="RDSI down") // #880e4f #e40505
fill(up, dn, color=sUp > sDn ? #00fff9 : #e40505)
// up = change(rs)
// down = -change(rs)
Splits the RSI in 2 components, the rising and the falling part
- Rising: when RSI is higher than its previous value, this value is stored, otherwise 0.
- Falling: when RSI is lower than its previous value, this value is stored, otherwise 0.
A mean average (multiple settings possible) is calculated for both values, giving this indicator
Things to look for:
Rising > falling line = bullish
Rising < falling line = bearish
Spikes could possibly be a turning point.
Sign for strength, for example, when the falling line is falling and the rising is rising -> bullish
@mrtools Thank you very, very much for sparing your valuable time. Please add MTF !!!!
Mtf added.qwepoi123 wrote: Fri Mar 17, 2023 5:21 pm @mrtools Thank you very, very much for sparing your valuable time. Please add MTF !!!!
Hello Sir, do you have something like this?
Try hereTransparentTrader wrote: Fri Mar 17, 2023 1:52 pm "Relative Double Strength Index" (RDSI) by fikira
Official TradingView Link
Code:
Code: Select all
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © fikira // ≠ ≈ ◊ ~ ∞ ‡ ∂ ƒ ¬ π º † • ∏ ª Ω ∑ ∆ · | \ ı ∫ √ //@version=4 study(title="[fikira] RDSI", shorttitle="RDSI", overlay=false) // Relative Double Strength Index lnW = input(3 , title="RDSI Length W" ) lnD = input(8 , title="RDSI Length D" ) ln12 = input(17 , title="RDSI Length 12h" ) ln4 = input(36 , title="RDSI Length 4h" ) ln1 = input(313 , title="RDSI Length 1h" ) choice = input("WMA", title="XMA", options=["SMA", "EMA", "WMA", "VWMA", "RMA", "HullMA"]) xma(source, len) => choice == "SMA" ? sma(source,len) : choice == "EMA" ? ema(source,len) : choice == "WMA" ? wma(source,len) : choice == "VWMA" ? vwma(source,len) : choice == "RMA" ? rma(source,len) : wma(2 * wma(source, floor(len / 2)) - wma(source, len), round(sqrt(len))) rs = timeframe.period == "60" ? rsi(close, ln1 ) : timeframe.period == "240" ? rsi(close, ln4 ) : timeframe.period == "720" ? rsi(close, ln12) : timeframe.period == "D" ? rsi(close, lnD ) : timeframe.period == "W" ? rsi(close, lnW ) : rsi(close, ln12) Rup = 0.0 Rdn = 0.0 rsiDiff = rs - rs[1] Rup := rsiDiff < 0 ? 0 : rsiDiff Rdn := rsiDiff > 0 ? 0 : rsiDiff //plot(Rup, color=color.lime, title="Rup") //plot(Rdn, color=color.red , title="Rdn") sUp = timeframe.period == "240" ? xma(Rup, ln4 ) : timeframe.period == "720" ? xma(Rup, ln12) : xma(Rup, lnD) sDn = timeframe.period == "240" ? -xma(Rdn, ln4 ) : timeframe.period == "720" ? -xma(Rdn, ln12) : -xma(Rdn, lnD) up = plot(sUp, color=sUp > sDn ? #00fff9 : color.new(#00fff9, 50), title="RDSI up" ) // #00fff9 #004d40 dn = plot(sDn, color=sUp > sDn ? color.new(#e40505, 50) : #e40505, title="RDSI down") // #880e4f #e40505 fill(up, dn, color=sUp > sDn ? #00fff9 : #e40505) // up = change(rs) // down = -change(rs)
Pictures:
rdsi 1.jpg
VWMA
rdsi vwma.png
WMA
rdsi wma.png
Hull
rdsi hull.png
Creator's Description:
My Comments:
kvak, mrtools, I was wondering if you would be able to convert this indicator from TradingView into MT4 format. I wasn't sure if it would have been better to place this in the thread for RSI indicators or the thread for MT4 indicator requests.
Either way, the RDSI caught my attention at first glance because it looks surprisingly similar to the Buy Sell Pressure (BSP) indicator I mentioned a few months ago.
I'd be curious to see if RDSI is better or worse than BSP when it comes to entering trades earlier, staying in trends longer, and/or exiting trades at a more optimal time. Especially on Renko charts as I haven't found anything better than BSP for milking all the movement out of a strongly trending market.
If I was able to make a list of additional features to add to this indicator, it would be the ones below:
- Adding all averages via the eAverages pack
- I want to ask for AHTF/MTF capabilities, but based on the code it doesn't appear as if that would be viable unless there's an inefficiency in the code I'm not seeing despite being less than 60 short lines total. On TradingView it was possible for me to plot this indicator on a timeframe lower than M1 despite nothing in the input menu of this indicator allowing me to input a length setting for anything lower than the H1 timeframe. I hope this can be fixed so we can adjust length regardless of timeframe we are on.
- Arrows for buy/sell entries
- Coloring the candles to reflect when the indicator reflects buying/selling pressure
- Alerts to help us know when to look for a trade, especially on the higher timeframes
- A button so we can turn the indicator appearance on and off when we want
Many thanks to any programmer who is able to take this small project on!
I use something like this, to get out and in trends. when the price stays in the area of the atr it's time to change the position
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