samuelhei

Snake Oscillator 1.1

This Oscillator helps to identify the ending of waves, good to get entries and exits. Now, with a tolerance line.
Ta bort från favoritskript Lägg till som favoritskript
study("Snake Oscillator","SNK_OSC")

len = input(25,"Length")

h = ema(high,len)
l = ema(low,len)


hp = h/h[len]
lp = l/l[len]
 
avg = avg(hp,lp)

havg = ema(highest(avg,len),len)
lavg = ema(lowest(avg,len),len)

avg2 = avg(havg,lavg)

dif = havg - avg2



pa = plot(avg,color=gray)
ph = plot(havg,color=gray)
pl = plot(lavg,color=gray)

plot(havg+dif,color=black)
plot(lavg-dif,color=black)

fill(ph,pa,color=red,transp=60)
fill(pl,pa,color=green,transp=60)
like it.
Svara
Can you explain how it works please ? Thanks !
Svara
samuelhei sigmadict
hp = h/h // This provides the porcentage of change of ema(high, len) considered len periods back
lp = l/l // same of hp, but with lows

avg = avg(hp,lp) // Average of porcentage of change of low and High

havg = ema(highest(avg,len),len) // Highest avg of change of len periods back amortized by ema
lavg = ema(lowest(avg,len),len) //Lowest avg of change of len periods back amortized by ema

--

Idea is check if the trend is making the same proportion of highs and lows in a trend move.
+1 Svara
sigmadict samuelhei
thank you for taking time to respond !
+2 Svara
Rocketman samuelhei
@samuelhei, Dag, I still don't understand. Is it the same thing as "Snake In Borders" on MT4 (A.k.a snake force)?
+1 Svara
Hem Aktie-screener Forex-screener Krypto-screener Ekonomisk kalender Hur det fungerar Diagramfunktioner Priser Ordningsregler Moderatorer Webbsidor och mäklarlösningar Widgets Diagramlösningar Help Center Funktionsförfrågan Blogg och nyheter Frågor och svar Wiki Twitter
Profil Profilinställningar Konto och fakturering TradingView Coins Mina kölappar Help Center Publicerade idéer Följare Följer Privata meddelanden Chatt Logga ut