SwamiCharts - spectrum representation of indicators

March 18th, 2012, 09:23 AM

While looking for sample spectrum type of indicators for NT I stumbled upon newest line of indicators by John Ehlers:
SwamiCharts. The concept is quite simple yet interesting:
To present an ordinary indicator values across different periods in the form of spectrogram.

Idea and sample indicators were presented in March edition of Stock and Commodities:
Introducing SwamiCharts - [AUTOLINK]John Ehlers[/AUTOLINK] and Ric Way
TRADERS’ TIPS - March 2012

More from SwamiCharts:
https://www.swamicharts.com/Swami/Default.aspx
https://www.swamicharts.com/Swami/Downloads/SwamiCharts.pdf

What do you think?

March 18th, 2012, 10:01 AM

gregid

What do you think?

I posted a comment about this last month.
No one replied but I think they look interesting.

March 18th, 2012, 10:17 AM

Thanks David,
as you mentioned this could be easily adapted to other indicator since (at least the edition for NT) has nicely separated graphics/plot methods leaving only following to be indicator specific:

Code

                            
protected override void OnStartUp()

{

    iValues         = new DataSeries[maxLength - minLength + 1];

    for(int i = 0; i < iValues.Length; i++)

        iValues[i] = new DataSeries(this);

}

protected override void OnBarUpdate()

{

    if(CurrentBar < maxLength) return;

    for(int x = 0; x < iValues.Length; x++)

    iValues[x].Set(Stochastics(3, x + minLength, 3)[0] * 0.01);

}

March 18th, 2012, 08:16 PM

BTW there is an article in the April issue of Stocks and Commodities.
Swami Wave

May 10th, 2012, 10:28 AM

Hi,

i was looking into the new Order book functions of MC (dom_bidprice(), etc..) and wondering if it would be possible to calculate a swami chart around the last tick based on the order book depth and density/liquidity.

If somebody is interested, let�s bounce some ideas.

Regards

SwamiCharts - spectrum representation of indicators

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SwamiCharts - spectrum representation of indicators